The Spain car rental market size reached USD 1.35 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.73 Billion by 2033, exhibiting a growth rate (CAGR) of 2.80% during 2025-2033. The market is growing because of increasing user demand for seamless mobility solutions, enhanced security through digital verification, and the integration of car rental services into digital platforms, which improve accessibility, operational efficiency, price transparency, and cross-border rental convenience, strengthening the market expansion and competitiveness.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.35 Billion |
Market Forecast in 2033 | USD 1.73 Billion |
Market Growth Rate (2025-2033) | 2.80% |
Seamless User Experience and Operational Efficiency
The growing emphasis on user convenience and operational efficiency is accelerating the expansion of Spain’s car rental market. Travelers increasingly demand hassle-free mobility solutions, encouraging rental companies to implement streamlined booking processes, self-service options, and automated vehicle retrieval systems. Extended service hours and reduced wait times are enhancing user satisfaction, catering to the needs of both business and leisure travelers. Strategic collaborations with parking operators and transport hubs are further optimizing rental accessibility, ensuring smooth vehicle pick-up and drop-off experiences. Additionally, digital integration in reservation and fleet management systems is reducing operational bottlenecks, improving vehicle utilization rates, and lowering service costs. In May 2023, Free2move expanded its rental services at Madrid's Adolfo Suárez Barajas Airport with a new "Mobility Corner." This innovative car rental service allowed customers to book and receive vehicles without waiting in lines, with delivery and pick-up available from 5 AM to 2 AM daily. The service aimed to enhance user convenience and was managed in collaboration with LaVacolla Car Parks.
Enhanced Security and Regulatory Compliance
Advanced identification and digital verification systems are reducing fraud risks, streamlining rental processes, and enhancing trust among individuals and authorities. Digital documentation solutions improve efficiency by eliminating paperwork, expediting vehicle pickup, and ensuring seamless cross-border rentals. Additionally, the adoption of digital compliance systems is enhancing cooperation between rental companies and law enforcement, fostering a more transparent and accountable rental ecosystem. These advancements are improving client confidence, operational efficiency, and cross-border rental accessibility, further strengthening market expansion and competitiveness. In June 2023, Spain launched the DNI-Car, a digital ID card for rental vehicles. This QR code-based system allowed renters to access all vehicle and driver documentation via a mobile app, which authorities could scan. It also helped prevent car theft and was valid in Spain, France, and Portugal.
Platform-Based Rental Integration
The integration of car rental services into digital mobility platforms is enhancing accessibility, convenience, and price transparency. People are seeking all-in-one mobility solutions that allow seamless vehicle rental through familiar ride-hailing and travel booking applications. By aggregating multiple rental providers on a single platform, companies are offering users greater choice, competitive pricing, and personalized recommendations based on travel patterns and location data. This model is improving market penetration by reaching a broader user base, including tourists and business travelers who prioritize efficiency in booking transportation. The adoption of AI-powered pricing algorithms and real-time availability tracking is further optimizing service offerings, reducing booking friction, and improving fleet utilization. In December 2023, Uber launched its Uber Rent service in Spain, offering users the ability to rent cars in 116 cities across 17 regions. The platform partnered with major rental companies like Europcar, Hertz, and Avis, allowing users to compare prices and options. The service was powered by CarTrawler's technology, providing tailored recommendations based on location and destination.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on booking type, rental length, vehicle type, application, and end user.
Booking Type Insights:
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:
A detailed breakup and analysis of the market based on the rental length have also been provided in the report. This includes short term and long term.
Vehicle Type Insights:
The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes luxury, executive, economy, SUVs, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes leisure/tourism and business.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes self-driven and chauffeur-driven.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Spain, Eastern Spain, Southern Spain, and Central Spain.
The market research report has also provided a comprehensive analysis of the competitive landscape. 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.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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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 |
Regions Covered | Northern Spain, Eastern Spain, Southern Spain, Central Spain |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: