Market Research Reports - Ken Research Indonesia Car Rental Market Trends and Development

Indonesia Car Rental Market Research Report to 2021: Ken Research
The report titled "Indonesia Car Rental Market Outlook to 2021 - Rising Tourism and Growing
Middle Class Population to Foster Future Growth" provides a comprehensive analysis of the
organized and unorganized, chauffer driven and non-chauffeur driven car rental segments. The
report includes snapshots on ride sharing / carpooling market, self-driven car market and bike
rental market in Indonesia and covers aspects such as off-airport and on-airport bookings,
corporate and retail clients, and demand by major regions. The publication also includes
competitive landscape which discusses the major market players along with the detailed
discussion about the organizations and their respective market share. The report also provides
in depth analysis of the cab aggregator market including detailed company profiles of the
stakeholders. The future analysis of overall Indonesia Car Rental Market has also been
discussed along with recommendations from analyst view.
Market Potential
Indonesia car rental market has showcased a consistent growth trend during the review period,
2011-2016 at a CAGR of 8.7% in terms of revenue generated from the trips. The major factors
that augmented market growth are the arrival of international and domestic tourists, traffic
congestion and inclining consumer spending on transportation. Indonesia had always been an
affordable destination for international tourists. The increasing demand for car rental services
in the country has increased competition in the market. The fleet size of car rental industry has
grown at an impressive CAGR of 15.3%. Inclining demand and availability of cheaper second
hand cars have led to the growth in the fleet size.
In terms of revenue generation, Indonesia car rental market has been dominated by the
organized players. Fixed rental tariffs, ease of accessibility, reliability and security are some of
the factors which led to the dominance of organized sector over the unorganized sector in the
country.
In 2016, the non-chauffeur driven segment has dominated the market over chauffeur driven
services. This was primarily due to preference of international and domestic tourists to rent
cars and drive it themselves across the country.
Indonesia car rental market is very fragmented and highly competitive one, with over ~
companies operating in this space. The top 10 players in car rental industry together comprised
for about ~ of market share in terms of fleet size in Indonesia, as of 2016. These companies
compete against each other on the basis of providing better consumer experience, rental
tariffs, type and size of fleets, maximum rental period, timely maintenance, immediate backup
in case of breakdown and several other parameters. The major players in the market included
Blue Bird, TRAC, Express Taxi, Tunas Rental, MPM Rent, Assa Rent and several others.