Global Car Rental Market Size & Outlook, 2025-2033


Global Car Rental Market Insights

  • Deep Market Insights analysis indicates that the Global Car Rental Market size, valued at USD 145 Billion in 2024, is expected to expand to USD 337.31 Billion by 2033.
  • The Global market is forecasted to expand at a CAGR of 9.8% spanning 2025–2033.
  • Leisure held the leading position among Service segments in 2024, based on market size.
  • Corporate is projected to post the fastest growth rate, sustaining its position as the most attractive Service segment during the forecast horizon.

Other Key Findings


  • By 2033, United States is expected to lead the global Car Rental Market in terms of market size.
  • Within Global, North America is projected to dominate the regional Car Rental Market size by 2033.
  • Asia Pacific is identified as the fastest-growing market in Global, anticipated to reach USD 23.78 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 145 Billion
Market Size In 2033 USD 337.31 Billion
Largest segment Leisure
Units Revenue in USD Billion
CAGR 9.8% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Middle East and Africa
  5. LATAM
Service
  1. Leisure
  2. Corporate
  3. Long-term/lease
Vehicle
  1. Economy
  2. Premium
  3. EVs
Booking
  1. OTA
  2. Direct
  3. Corporate portals