The four BRIC countries (Brazil, Russia, India and China) have a combined population of around three billion, slightly less than half the world’s total population. The car rental industry in these four countries has been on a fast growth trajectory over the past last five years, having increased at a CAGR of around 20%. Over the next five years, the overall car rental industry in the BRIC nations is expected to continue to grow strongly at a CAGR of 13.47%, and is expected to reach US$17.04 billion in 2016, from a base of US$8.90 billion in 2011.
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There are some significant growth drivers for the car rental industry in the BRIC nations. Liberalization and privatization of industry and massive foreign direct investment, along with relative cost advantages are encouraging strong growth in each of the four markets. Increasing GDP levels, high levels of personal disposable income, increasing volumes of both domestic and inbound tourists and increasing levels of economic activity are the key driving forces behind increased demand in the car rental industry in the BRIC nations.
Scope
This report provides an extensive analysis of the car rental industry in each of the four BRIC nations: Brazil, Russia, India and China It details historical values for the car rental market in each of the BRIC nations for 2007–2011, along with forecast figures for 2012–2016 It offers detailed analysis of the factors driving the growth of car rentals, and the key emerging trends in each of the BRIC nations The report details the key trends, regulatory environment, market entry strategies and marketing and growth strategies in each of the BRIC nations It provides data on the key companies operating within the car rental industry in each of the BRIC nations
Reasons To Buy
Take strategic business decisions using top-level historic and forecast market data related to the car rental industry in each of the BRIC nations and each sector within it Understand the demand and supply-side dynamics within the car rental industry, along with key market trends and growth opportunities Assess the competitive landscape in the car rental industry in the BRIC nations and formulate effective market-entry strategies Identify the growth opportunities and industry dynamics within the car rental industry
Major points covered in Table of Contents of this report include:
Executive Summary
BRIC Car Rental Industry
Attractiveness Comparison
Brazilian Car Rental Industry Outlook
Russian Car Rental Industry Outlook
Indian Car Rental Industry Outlook
Chinese Car Rental Industry Outlook
Appendix
Explore Comprehensive list of more than Tables & Figures available in the report @ http://www.reportsnreports.com/reports/145373-market-entry-strategies-and-emerging-opportunities-in-the-car-rental-industry-in-bric.html
Report Details:
Published: January 2012
No. of Pages: 198
Price: Single User License – US$ 2950
