Market Research Reports - Ken Research International Domestic Tourism Australia

Car Sharing Market Will Majorly Drive Growth of Australia Car Rental Market during 2018-
2022: Ken Research
The report covers various aspects such as overall market size of Australia car rental, cab
aggregator, self driven car and car sharing in terms of transaction value, segmentation on the
basis of market structure (organized and unorganized sector), by mode of booking (online and
offline), by clients (leisure and business), by pick-ups (airport and off-airport), by car type
(hatchback, sedan and SUV) and by major regions. The report also covers trends and
developments, issues and challenges, regulatory scenario and SWOT analysis of Australia car
rental market. The report covers snapshot and business models of cab aggregator market, self
driven car, car sharing, car pooling/ride sharing and bike aggregator market in Australia. The
report also covers the competitive landscape of the industry and comprehensive profile of
leading players (Avis Australia Car Rentals, Hertz Investment (Holdings) Pty Limited, Europcar
Asia Pacific, Tourism Holdings Ltd, Uber, GoCatch, Ingogo, GoGet, Flexicar, GreenShareCar)
operating in the market. The report concludes with future outlook and projections of Australia
car rental market, major macroeconomic indicators and upcoming trends affecting the market
have also been highlighted in the report. The report also serves competitive scenario for each
market which exists in car rental industry to get an in-depth understanding of car rental sector
in Australia.
Increasing prominence of IT platforms, increasing number of players in car rental industry and
growth of inbound arrivals will majorly account for the growth of Australia car rental market in
upcoming years.
It is expected that online distribution channel for car rental services will account for around
81% of the total transaction value by 2022.
Australian car rental industry is expected to grow at a moderate growth rate during the
forecasted period on the back of strong tourist flows, growth of free independent travelers and
huge opportunities in cab sharing services. The car rental industry in the country has huge
opportunities from inbound tourism from Asian countries. Increasing partnerships with Asian
airlines & tour operators and marketing their presence across Asian countries are likely to
positively affect the car rental industry in Australia. During the forecasted period, car rental
companies are expected to increasingly provide car-sharing services in their offering and
upgrade their IT platforms to handle information more accurately and faster, to deliver better
service experience, flexibility and security to the customer. The launch of app based cab
services from the end of cab aggregators, have induced the car rental companies in the country
to launch their own apps compatible with both iOS and Android, through which the trip booking
and payments have been made more convenient.