South Africa Car Rental Market Size & Outlook, 2025-2033


South Africa Car Rental Market Insights

  • Deep Market Insights analysis indicates that the South Africa Car Rental Market size, valued at USD 1.17 Billion in 2024, is expected to expand to USD 2.73 Billion by 2033.
  • The South Africa market is forecasted to expand at a CAGR of 9.86% spanning 2025–2033.
  • Leisure held the leading position among Service segments in 2024, based on market size.
  • Leisure is projected to post the fastest growth rate, sustaining its position as the most attractive Service segment during the forecast horizon.

Other Key Findings


  • South Africa contributed 0.69% 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 Middle East and Africa, United Arab Emirates is projected to capture the leading share of market size by 2033.
  • Among Middle East and Africa markets, Saudi Arabia is expected to post the fastest growth, reaching USD 3.99 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 1.17 Billion
Market Size In 2033 USD 2.73 Billion
Largest segment Leisure
Units Revenue in USD Billion
CAGR 9.86% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Service
  1. Leisure
  2. Corporate
  3. Long-term/lease
Vehicle
  1. Economy
  2. Premium
  3. EVs
Booking
  1. OTA
  2. Direct
  3. Corporate portals