Canada Car Rental Market Size & Outlook, 2025-2033


Canada Car Rental Market Insights

  • Deep Market Insights analysis indicates that the Canada Car Rental Market size, valued at USD 12.45 Billion in 2024, is expected to expand to USD 29.89 Billion by 2033.
  • The Canada market is forecasted to expand at a CAGR of 10.15% spanning 2025–2033.
  • Leisure held the leading position among Service segments in 2024, based on market size.
  • Leisure is projected to post the fastest growth rate, sustaining its position as the most attractive Service segment during the forecast horizon.

Other Key Findings


  • Canada accounted for 8.28% of the global Car Rental Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within North America, United States is forecasted to dominate the regional Car Rental Market size by 2033.
  • United States will be the fastest-growing market in North America, projected to achieve USD 25.75 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 12.45 Billion
Market Size In 2033 USD 29.89 Billion
Largest segment Leisure
Units Revenue in USD Billion
CAGR 10.15% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Service
  1. Leisure
  2. Corporate
  3. Long-term/lease
Vehicle
  1. Economy
  2. Premium
  3. EVs
Booking
  1. OTA
  2. Direct
  3. Corporate portals