GCC Car Rental Market Report by Booking Type (Offline Booking, Online Booking), Rental Length (Short Term, Long Term), Vehicle Type (Luxury, Executive, Economy, SUVs, and Others), Application (Leisure/Tourism, Business), End-User (Self-Driven, Chauffeur-Driven), and Country 2024-2032

GCC Car Rental Market Report by Booking Type (Offline Booking, Online Booking), Rental Length (Short Term, Long Term), Vehicle Type (Luxury, Executive, Economy, SUVs, and Others), Application (Leisure/Tourism, Business), End-User (Self-Driven, Chauffeur-Driven), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A11487
Buy Now

Market Overview: 

The GCC car rental market size is projected to exhibit a growth rate (CAGR) of 12.87% during 2024-2032. The increased tourism and business travel, significant technological advancements, urbanization, and infrastructure development, rise in disposable income, the introduction of sustainable and eco-friendly options, and the government support and regulations represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 12.87%


Car rental is defined as the temporary leasing of a vehicle, ranging from a few hours to several weeks, a service that enables personal mobility without the necessity of ownership. The characteristics of car rental services are diverse, offering flexibility in choosing among various types and models, be it an economical compact car or a luxury SUV. It caters to both short-term needs like a day's travel or long-term requirements like monthly leasing, with pricing structures that usually encompass insurance and sometimes maintenance for a worry-free experience. The features of car rental services further extend this adaptability and convenience. Most agencies provide a wide selection of vehicles, including specialized models such as electric or hybrid cars. They often offer additional options like GPS navigation systems, child safety seats, and prepaid fuel, allowing customization according to individual preferences. The availability of online booking platforms enhances the accessibility of these services, permitting quick reservation and customization. Insurance options, often embedded within the rental agreement, provide the necessary coverage and peace of mind. These collective attributes underline the car rental industry's commitment to delivering tailored, flexible, and hassle-free transportation solutions that respond to a multitude of individual and business needs. Car rental services are employed across various industries and sectors, including tourism and hospitality, corporate and business travel, and entertainment.

GCC Car Rental Market Trends:

The flourishing tourism industry and expanding corporate sector in the GCC region represent primary drivers for the expansion of the car rental market. In addition to this, the increasing integration of cutting-edge technologies like GPS navigation and online booking systems is enhancing customer convenience, thereby propelling the market growth. Moreover, a rise in public awareness regarding various rental options, from luxury automobiles to eco-friendly cars, is broadening the consumer base, thereby supporting the market growth. Additionally, the development of urban infrastructure, coupled with an increased need for transportation in business hubs, is fostering market expansion. Besides this, the emergence of local car rental platforms, offering personalized rental solutions tailored to individual needs, is fueling market growth. Furthermore, governmental initiatives promoting tourism and business travel, alongside regulations ensuring quality and safety in rental practices, are strengthening the market structure. The increasing inclination toward flexible commuting options, along with the strategic positioning of car rental services at airports, hotels, and commercial centers, is accelerating market growth. Decentralization in rental services, fostering partnerships with local businesses, is also contributing to the market growth. Other factors, such as customized rental packages, long-term leasing options, and significant investment in customer service excellence, are further creating the positive outlook for the car rental market across the GCC region.

GCC Car Rental Market Segmentation:

IMARC Group provides an analysis of the trends in each segment of the GCC car rental market report, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on booking type, rental length, vehicle type, application, and end user.

Booking Type Insights:

  • Offline Booking
  • Online Booking
     

The report has provided a detailed breakup and analysis of the market based on the booking type. This includes offline booking and online booking.

Rental Length Insights:

  • Short Term
  • Long Term
     

A detailed breakup and analysis of the market based on the rental length has also been provided in the report. This includes short term and long term.

Vehicle Type Insights:

  • Luxury
  • Executive
  • Economy
  • SUVs
  • Others
     

A detailed breakup and analysis of the market based on the vehicle type has also been provided in the report. This includes luxury, executive, economy, SUVs, and others.

Application Insights:

  • Leisure/Tourism
  • Business
     

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes leisure/tourism and business.

End-User Insights:

  • Self-Driven
  • Chauffeur-Driven
     

A detailed breakup and analysis of the market based on the end-user has also been provided in the report. This includes self-driven and chauffeur driven.

Country Insights:

  • Saudi Arabia
  • UAE
  • Qatar
  • Bahrain
  • Kuwait
  • Oman
     

The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, and Oman.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

GCC Car Rental Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Booking Type
  • Rental Length
  • Vehicle Type
  • Application
  • End-User
  • Country   
Booking Types Covered Offline Booking, Online Booking
Rental Lengths Covered Short Term, Long Term
Vehicle Types Covered Luxury, Executive, Economy, SUVs, Others
Applications Covered Leisure/Tourism, Business
End-Users Covered Self-Driven, Chauffeur-Driven
Countries Covered Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2899
Five User License: US$ 4899
Corporate License: US$ 7899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the GCC car rental market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the GCC car rental market?
  • What is the breakup of the GCC car rental market on the basis of booking type?
  • What is the breakup of the GCC car rental market on the basis of rental length?
  • What is the breakup of the GCC car rental market on the basis of vehicle type?
  • What is the breakup of the GCC car rental market on the basis of application?
  • What is the breakup of the GCC car rental market on the basis of end user?
  • What are the various stages in the value chain of the GCC car rental market?
  • What are the key driving factors and challenges in the GCC car rental market?
  • What is the structure of the GCC car rental market and who are the key players?
  • What is the degree of competition in the GCC car rental market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC car rental market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the GCC car rental market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC car rental industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market. 

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
GCC Car Rental Market Report by Booking Type (Offline Booking, Online Booking), Rental Length (Short Term, Long Term), Vehicle Type (Luxury, Executive, Economy, SUVs, and Others), Application (Leisure/Tourism, Business), End-User (Self-Driven, Chauffeur-Driven), and Country 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More