Netherlands Car Rental Market Outlook to 2027F
Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industry
Region:Europe
Author(s):Anushi Chhabra & Anne Silvia
Product Code:KR1248
November 2022
83
About the Report
The report provides a comprehensive analysis of the potential of the Car Rental industry in the Netherlands. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The Netherlands Car Market segmentations include By Market Structure, By Type of Vehicles, By ICE/EV, By Region, By Mode of Booking, By Client, and By Pick-up; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Netherlands Car Rental Market revenue grew from ~ € 1.7Bn in 2017 to approximately ~ € 2Bn in 2022 and is forecasted to grow further into ~ €4Bn opportunity by 2027F, owing to the increasing demand from tourists for business and leisure purposes hiring rental cars along with the Dutch government’s decision to increase the tax-free travel allowance. The growing penetration rate of the internet (96.0%) and smartphones (87.0%) are driving more people to rent a car as the services are mainly provided through online platforms.
- Average rental price per day per fleet has increased due to falling in new car sales owing to the shortage of semiconductor chips in the automotive sector and increasing fuel prices.
- The Dutch electric vehicle market is at its initial growth stage where 25.0% of the new car sales in the country were electric.
Key Trends by Market Segment:
By Market Structure: There is apreference towards the organized sector as most of the tourists look for legal documents and certifications of the vehicle to avoid security patrolling for safety measures.
By Type of Vehicle: The most popular car models in the market are VW, Mercedes, Opel, VW Up, Toyota Aygo, Polo, Opel Corsa, VW Golf, and Opel Astra. Small Car/ Hatchback has the highest market share among other types of vehicles in the country.
By Client: The Dutch love to travel and are curious explorers. The average Dutch household goes on holiday or leisure for at least 2-3 weeks a year spending up to ~ € 5000.
Competitive Landscape
Future Outlook
The Netherlands Car Rental market is projected to show a significant growth, to contribute ~ € 4.5 Bn by 2027F with increase in travel expenditure, rising demand for rental cars and short-term car leasing for personal choice. The growth rate of total fleet size is anticipated to increase over the period with surge in working class population to travel by cab aggregators avoiding public transportation along with government incentives and policies.
Scope of the Report
|
By Market Structure |
Organized market Unorganized market |
|
By Type of Vehicles |
Small Cars/ Hatchbacks Sedans SUVs Others |
|
By ICE/EV |
ICE (Internal Combustion Engine) Electric Vehicles |
|
By Region |
Central South North |
|
By Mode of Booking |
Online Offline |
|
By Client |
Business Leisure |
|
By Pick-up |
Off-Airport On-Airport |
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Car Rental Service Providers
- Car Rental Companies aiming to establish in the Netherlands
- Netherlands automotive industries
- Government Bodies & Regulating Authorities
- Venture Capitalist targeting the car rental market
- Automotive industry association
- Car Manufacturers
- Existing Car Rental Companies
- OEM Dealerships
- New Market Entrants
- Investors
- Car Rental Associations
Time Period Captured in the Report
- Historical Period: 2017-2022
- Base Period: 2022
- Forecast Period: 2022-2027F
Companies
Major Players Mentioned in the Report
Car Rental Companies
- Euro Mobil Rent a Car
- Avis Budget Group
- Hertz
- SIXT
- Enterprise
- Inqar Rent a Car
- Alphabet
- LeasePlan
- Europcar
- Diks Rent a Car
- Auto rent Vitesse
Table of Contents
1. Executive Summary
1.1 How is Car Rental Market positioned in the Netherlands?
2. Country Overview of the Netherlands
2.1 Netherlands Country Profile (Overview, Major Cities, GDP and Inflation Rate, Percentage of
GDP Composition by Sector, Trade Scenario)
2.2 Netherlands Population Analysis (Population by Gender, by Age Group, by Religion, by
Religion, Demographics of Netherlands)
3. Overview of Automotive Industry in Netherlands
3.1 Passenger Car Landscape in Netherlands
3.2 Netherlands Passenger Car Sales by Different Brands
3.3 Import and Export of Passenger Cars in Netherlands
3.4 Passenger Car Pricing in Netherlands Automotive Market
4. Overview and Genesis of Car Rental Market in Netherlands
4.1 Ecosystem of Netherlands Car Rental Market
4.2 Business Cycle of Netherlands Car Rental Market
4.3 Timeline of Major Players of Netherlands Car Rental Market
4.4 Value Chain Analysis of Netherlands Car Rental Market
4.5 Netherlands Car Rental Market Sizing, 2017- 2022P
5. Market Segmentations of Car Rental Market in Netherlands
5.1 Netherlands Car Rental Market Segmentation by Market Structure (Organized and
Unorganized), 2017- 2022P
5.2 Netherlands Car Rental Market Segmentation by Type of Vehicle (Small Cars/ Hatchbacks,
Sedans, SUVs and Others), 2017- 2022P
5.3 Netherlands Car Rental Market Segmentation by ICE/ EV, 2017- 2022P
5.4 Netherlands Car Rental Market Segmentation by Mode of Booking (Online, Offline), 2017-
2022P
5.5 Netherlands Car Rental Market Segmentation by Pick-up (Off-Airport, On-Airport), 2017-
2022P
5.6 Netherlands Car Rental Market Segmentation by Client (Business, Leisure), 2017- 2022P
5.7 Netherlands Car Rental Market Segmentation by Region (Central, South, North and Others),
2017- 2022P
6. Snapshots on different Car Rental Markets in Netherlands
6.1 Snapshot on Netherlands Car Sharing Market (Overview, Operating Models and Company
Profile)
6.2 Snapshot on Netherlands Cab Aggregator Market
6.3 Snapshot on Netherlands Self Driven Market
6.4 Snapshot on Netherlands Car Pooling/ Ride Sharing Market
6.5 Snapshot on Netherlands Bike Aggregator Market
7. Industrial Analysis of Car Rental Market in Netherlands
7.1 SWOT Analysis of Netherlands Car Rental Market
7.2 Growth Drivers of Netherlands Car Rental Market
7.3 Government regulations of Netherlands Car Rental Market
7.4 Government Incentives and Policies on Electrification in Netherlands
7.5 EV Incentives in Netherlands
7.6 Trends and Developments of Netherlands Car Rental Market
7.7 Challenges of Netherlands Car Rental Market
8. End User Analysis of Car Rental Market in Netherlands
8.1 Demographic Profile: Car Rental Users in Netherlands
8.2 Factors Influencing Brand Popularity
9. Competitive Analysis of Car Rental Market in Netherlands
9.1 Market Share of Major Players in Netherlands Car Rental Market, 2022P
9.2 Cross Comparison of Major Players in Netherlands Car Rental Market (Year of Establishment,
Services provided, Major operational areas, Fleet size 2022P, Average ticket size 2022P,
Average rental duration 2022P, Average transaction 2022P, Strength, Weakness)
10. Future Outlook and Projections of Car Rental Market in Netherlands
10.1 Future Market Sizing Analysis of Netherlands Car Rental Market, 2022P-2027F
10.2 Netherlands Car Rental Market Segmentation by Market Structure (Organized and
Unorganized), 2022P- 2027F
10.3 Netherlands Car Rental Market Segmentation by Type of Vehicle (Small Cars/ Hatchbacks,
Sedans, SUVs and Others), 2022P- 2027F
10.4 Netherlands Car Rental Market Segmentation by ICE/ EV, 2022P- 2027F
10.5 Netherlands Car Rental Market Segmentation by Mode of Booking (Online, Offline), 2022P-
2027F
10.6 Netherlands Car Rental Market Segmentation by Pick-up (Off-Airport, On-Airport), 2022P-
2027F
10.7 Netherlands Car Rental Market Segmentation by Client (Business, Leisure), 2022P- 2027F
10.8 Netherlands Car Rental Market Segmentation by Region (Central, South, North and Others),
2022P- 2027F
11. Analyst Recommendations
11.1 Strategies to Expand Market Presence
11.2 Recommendations to Advance Business Operations
11.3 Effective Marketing Recommendations for Car Rental Business
12. Research Methodology
12.1 Market Definitions
12.2 Abbreviations Used
12.3 Market Sizing Approach
12.4 Consolidated Research Approach
12.5 Sample Size Inclusion
12.6 Research Limitations and Future Conclusion
12.7 Industry Speaks
Disclaimer
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Research Methodology
Step 1: Identifying Key Variables:
Our team will initially create an ecosystem for all the major entities in the Car Rental Market that are providing car rental and leasing services in Netherlands Market.
Step 2 Market Building:
In the next step, we have referred to multiple secondary and proprietary databases to perform deck research around the market and collate industry-level information such as type of market structure, consumption in terms of value, and fleet size other areas to create an initial level hypothesis. We will also explore company-level info by referring press releases, annual reports, financial statements, and other documents to understand basic information about the companies and market level.
Step 3: Validating and Finalizing:
Later our team will conduct a series of Interviews with multiple C-Level Executive and other stakeholders belonging to different companies to confirm the market hypothesis, validate statistics and seek operational and financial information from company representatives.
Step 4: Research Output:
Furthermore, to validate this data our team will pitch each company as a potential customer through a mystery shopping exercise and will confirm the operational and financial performance of Netherlands Car Rental Market Entities which have been shared by company executives and available on secondary databases. We will be conducting another set of CATIs with the respective entities to understand customer behavior, channel preference, and other factors. We will also assess customer analysis in terms of their preferences and pain points.
Frequently Asked Questions
01 What is the Study Period of this Market Report?
The Netherlands Car Rental Market is covered from 2017–2027F in this report, including a forecast for 2022-2027F.
02 What is the Future Growth Rate of the Netherlands Car Rental Market?
The Netherlands Car Rental Market is expected to witness a CAGR of 13.7% over the next five years.
03 What are the Key Factors Driving the Netherlands Car Rental Market?
Expansion of the tourism industry with rising foreign tourists, On- Demand for Transportation, Evolution of leisure trends, and Technological Innovations are some of the key growth drivers driving the car rental market in the Netherlands.
04 Which is the Largest Market Structure Segment within the Netherlands Car Rental Market?
The organized sector as most of the tourists looks for legal documents and certifications of the vehicle to avoid security patrolling for safety measures.
05 Who are the Key Players in the Netherlands Car Rental Market?
Euro Mobil, Avis Budget Group, and Hertz are some of the many players in the Car Rental Market in the Netherlands.
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