India Car Rental Market Size & Outlook, 2025-2033

India Car Rental Market Insights

As per Deep Market Insights insights, the India Car Rental Market stood at USD 6.9 Billion in 2024 and is anticipated to grow to USD 15.05 Billion by 2033.
The India market is expected to advance at a CAGR of 9.08% from 2025 through 2033.
In 2024, Leisure accounted for the highest share of the Service market size.
During the forecast period, Long-term/lease is set to register the highest growth, making it the most lucrative Service segment.

In 2024, India represented 4.83% of the overall global Car Rental Market size.
United States is projected to lead the global Car Rental Market size by 2033.
Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
Korea is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 1.26 Billion by 2033.

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 6.9 Billion
Market Size In 2033	USD 15.05 Billion
Largest segment	Leisure
Units	Revenue in USD Billion
CAGR	9.08% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends