Europe Car Rental Market Size & Outlook, 2025-2033


Europe Car Rental Market Insights

  • Deep Market Insights analysis indicates that the Europe Car Rental Market size, which was USD 31.66 Billion in 2024, is projected to attain USD 75.72 Billion by 2033.
  • The market is expected to register a CAGR of 10.13% over the period 2025–2033.
  • In 2024, Leisure emerged as the dominant Service based on market size.
  • Leisure is projected to register the fastest growth, positioning it as the most attractive Service segment over the forecast horizon.

Other Key Findings


  • In 2024, Europe contributed 22.07% to the overall global Car Rental Market size.
  • By 2033, United States is anticipated to dominate the global market based on market size.
  • Italy is expected to witness the fastest growth within Europe, attaining USD 3 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 31.66 Billion
Market Size In 2033 USD 75.72 Billion
Largest segment Leisure
Units Revenue in USD Billion
CAGR 10.13% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Europe
  1. Germany
  2. United Kingdom
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Nordic
  8. Benelux
Service
  1. Leisure
  2. Corporate
  3. Long-term/lease
Vehicle
  1. Economy
  2. Premium
  3. EVs
Booking
  1. OTA
  2. Direct
  3. Corporate portals