South Africa Car Rental Market Size & Outlook, 2026-2034
Last Updated : 26 May, 2026 |
Study Period : 2022-2034 |
Format : PDF, Excel |
Author : Anna Morgan
South Africa Car Rental Market Insights
- As per Deep Market Insights insights, the South Africa Car Rental Market stood at USD 2.53 Billion in 2025 and is anticipated to grow to USD 5.83 Billion by 2034.
- The South Africa market is expected to advance at a CAGR of 9.7% from 2026 through 2034.
- In 2025, Leisure accounted for the highest share of the Service market size.
- During the forecast period, Corporate is set to register the highest growth, making it the most lucrative Service segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2025, South Africa accounted for 1.66% of the global Car Rental Market size.
- By 2034, United States is expected to lead the global Car Rental Market in terms of market size.
- Within Middle East and Africa, United Arab Emirates is projected to dominate the regional Car Rental Market size by 2034.
- Saudi Arabia is identified as the fastest-growing market in Middle East and Africa, anticipated to reach USD 5.72 Billion by 2034.
South Africa Car Rental Market Service 2026-2034 (USD Billion)
| Service | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leisure | XX.x | XX.x | XX.x | 1.25 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Corporate | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Long-term/lease | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | 2.53 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
South Africa Car Rental Market Vehicle 2026-2034 (USD Billion)
| Vehicle | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Economy | XX.x | XX.x | XX.x | 1.22 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Premium | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| EVs | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | 2.53 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
South Africa Car Rental Market Booking 2026-2034 (USD Billion)
| Booking | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OTA | XX.x | XX.x | XX.x | 1.15 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Direct | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Corporate portals | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | 2.53 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 2.53 Billion |
| Market Size In 2034 | USD 5.83 Billion |
| Largest segment | Leisure |
| Units | Revenue in USD Billion |
| CAGR | 9.7% (2026-2034) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |