Mexico Car Rental Market Size & Outlook, 2025-2033

Mexico Car Rental Market Insights

As per Deep Market Insights insights, the Mexico Car Rental Market stood at USD 4.08 Billion in 2024 and is anticipated to grow to USD 9.51 Billion by 2033.
The Mexico market is expected to advance at a CAGR of 9.79% from 2025 through 2033.
In 2024, Leisure accounted for the highest share of the Service market size.
During the forecast period, Leisure is set to register the highest growth, making it the most lucrative Service segment.

Mexico contributed 2.76% to the global Car Rental Market size in 2024.
By 2033, United States is forecasted to remain the largest global market for Car Rental Market.
In LATAM, Brazil is projected to capture the leading share of market size by 2033.
Among LATAM markets, Colombia is expected to post the fastest growth, reaching USD 0.59 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 4.08 Billion
Market Size In 2033	USD 9.51 Billion
Largest segment	Leisure
Units	Revenue in USD Billion
CAGR	9.79% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends