Summary
Car Rental (hiring of a passenger vehicle for self drive, which includes cars and small vans, by both business and leisure travelers for short term duration; excluding leasing and long term rentals) market has evolved intensely in the very recent years and is also expected to evolve in similar fashion in the near future.
The number of operational cars available for short term rental in Sri Lanka was 15,294 vehicles in 2017. During the same year, the number of car rental transactions between a car rental company and consumers were 1.23 million. During the historic period, the number of operational cars grew at a CAGR of 4.38%, while the number of rental transactions grew at a CAGR of 3.05%.
The report Car Rentals (Self Drive) Market in Sri Lanka to 2022: Fleet Size, Rental Occasion and Days, Utilization Rate and Average Revenue Analytics provides deep dive data analytics on wide ranging Car Rental market aspects including overall market value by customer type - Business and Leisure, by point of rental - Airport and Non-Airport, Insurance / Temporary Replacement Revenue, Car Rental Occasion, Days and Length for the period 2013 to 2017.
Furthermore, the report also details out Fleet Size (number of operational cars available for short term rental for the purpose of business, leisure, and insurance replacement) for the period 2013 to 2022 along with Utilization Rate and Average Revenue per Day from the Car Rental business in Sri Lanka.
The report acts as an essential tool for companies active or plans to venture in to Sri Lanka’s Car Rental market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Scope
- Overview of the Car Rental business in Sri Lanka.
- Analysis of the Utilization Rate, Fleet available for rent and actual on-rent days
- Historic and forecast revenues by Customer type and average revenue per day for the period 2013 through to 2022
- Analytics on key market moving parameters rental occasions, rental days, average rental length and others.
- Key revenue statistics on Point of Rental and Insurance / Temporary Car Replacement market segments.
Reasons to buy
- Embrace the market information at category and segment level for precise marketing plan
- Outline investments on potential growth factors considering actual market size and future prospects
- Evolve business plans based on forecasts information.
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Table of Contents
1 Executive Summary
2 Sri Lanka Car Rental Market: Value by Customer Type & Rental Location
2.1 Overall Market Value, 2013-2017
2.1.1 Historic Business Rentals, 2013 - 2017
2.1.2 Historic Business Rentals (by Category) Review, 2013 - 2017
2.1.3 Historic Leisure Rentals, 2013 - 2017
2.1.4 Historic Leisure Rentals (by Category), 2013 - 2017
2.1.5 Historic Insurance Replacement Revenue, 2013 - 2017
2.2 Overall Market Value, 2017-2022
2.2.1 Forecast Business Rentals, 2017 - 2022
2.2.2 Forecast Business Rentals (by Category), 2017 - 2022
2.2.3 Forecast Leisure Rentals, 2017 - 2022
2.2.4 Forecast Leisure Rentals (by Category), 2017 - 2022
2.2.5 Forecast Insurance Replacement Revenue, 2017 - 2022
3 Sri Lanka Car Rental Market: Fleet Size
3.1 Fleet Size Review, 2013 - 2017
3.2 Fleet Size Forecast, 2017 - 2022
4 Sri Lanka Car Rental Market: Number of Rental Occasions
4.1 Number of Rental Occasions Review, 2013 - 2017
4.2 Number of Rental Occasions Forecast, 2017 - 2022
5 Sri Lanka Car Rental Market: Number of Rental Days
5.1 Number of Rental Days Review, 2013 - 2017
5.2 Number of Rental Days Forecast, 2017 - 2022
6 Sri Lanka Car Rental Market: Average Rental Length
6.1 Average Rental Length Review, 2013 - 2017
6.2 Average Rental Length Forecast, 2017 - 2022
7 Sri Lanka Car Rental Market: Utilization Rate
7.1 Historic Utilization Rate, 2013 - 2017
7.2 Forecast Utilization Rate, 2017 - 2022
8 Sri Lanka Car Rental Market: Average Revenue Per Day
8.1 Average Revenue per Day Review, 2013 - 2017
8.2 Average Revenue per Day Forecast, 2017 - 2022
9 Appendix
9.1 Definitions
9.2 Summary Methodology
9.3 About GlobalData
9.4 Disclaimer
List of Tables
Table 1: Sri Lanka Car Rental Market - Total Car Rentals Market Value (Millions), 2013 - 2017
Table 2: Sri Lanka Car Rental Market - Business Rentals Review (Millions), 2013 - 2017
Table 3: Sri Lanka Car Rental Market - Business Rentals Review by Category, 2013 - 2017 (LKR Million)
Table 4: Sri Lanka Car Rental Market - Business Rentals Review by Category, 2013 - 2017 (US$ Million)
Table 5: Sri Lanka Car Rental Market - Leisure Rentals Review (Millions), 2013 - 2017
Table 6: Sri Lanka Car Rental Market - Leisure Rentals Review by Category, 2013 - 2017 (LKR Million)
Table 7: Sri Lanka Car Rental Market - Leisure Rentals Review by Category, 2013 - 2017 (US$ Million)
Table 8: Sri Lanka Car Rental Market - Insurance Replacement Revenue Review (Million), 2013 - 2017
Table 9: Sri Lanka Car Rental Market - Total Car Rental Market Value (Millions), 2017 - 2022
Table 10: Sri Lanka Car Rental Market - Business Rentals Forecast (Millions), 2017 - 2022
Table 11: Sri Lanka Car Rental Market - Business Rentals Review by Category, 2017 - 2022 (LKR Million)
Table 12: Sri Lanka Car Rental Market - Business Rentals Review by Category, 2017 - 2022 (US$ Million)
Table 13: Sri Lanka Car Rental Market - Leisure Rentals Forecast (Millions), 2017 - 2022
Table 14: Sri Lanka Car Rental Market - Leisure Rentals Review by Category, 2017 - 2022 (LKR Million)
Table 15: Sri Lanka Car Rental Market - Leisure Rentals Review by Category, 2017 - 2022 (US$ Million)
Table 16: Sri Lanka Car Rental Market - Insurance Replacement Revenue Forecast (Million), 2017 - 2022
Table 17: Sri Lanka Car Rental Market - Fleet Size Review (Actual), 2013 - 2017
Table 18: Sri Lanka Car Rental Market - Fleet Size Forecast (Actual), 2017 - 2022
Table 19: Sri Lanka Car Rental Market - Number of Rental Occasions (Million), 2013 - 2017
Table 20: Sri Lanka Car Rental Market - Number of Rental Occasions (Million), 2017 - 2022
Table 21: Sri Lanka Car Rental Market - Number of Rental Days Review (Million), 2013 - 2017
Table 22: Sri Lanka Car Rental Market - Number of Rental Days Forecast (Million), 2017 - 2022
Table 23: Sri Lanka Car Rental Market - Average Rental Length Review (Days), 2013 - 2017
Table 24: Sri Lanka Car Rental Market - Average Rental Length Forecast (Days), 2017 - 2022
Table 25: Sri Lanka Car Rental Market - Utilization Rate Review (%), 2013 - 2017
Table 26: Sri Lanka Car Rental Market - Utilization Rate Forecast (%), 2017 - 2022
Table 27: Sri Lanka Car Rental Market - Average Revenue per Day Review (LKR), 2013 - 2017
Table 28: Sri Lanka Car Rental Market - Average Revenue per Day Review (US$), 2013 - 2017
Table 29: Sri Lanka Car Rental Market - Average Revenue per Day Forecast (LKR), 2017 - 2022
Table 30: Sri Lanka Car Rental Market - Average Revenue per Day Forecast (US$), 2017 - 2022
Table 31: Travel and Tourism Terms and Definitions
List of Figures
Figure 1: Sri Lanka Car Rental Market - Total Car Rentals Market Value (LKR Millions), 2013 - 2017
Figure 2: Sri Lanka Car Rental Market - Business Rentals Review (LKR Millions), 2013 - 2017
Figure 3: Sri Lanka Car Rental Market - Business Rentals Review by Category, 2013 - 2017 (LKR Million)
Figure 4: Sri Lanka Car Rental Market - Leisure Rentals Review (LKR Millions), 2013 - 2017
Figure 5: Sri Lanka Car Rental Market - Leisure Rentals Review by Category, 2013 - 2017 (LKR Million)
Figure 6: Sri Lanka Car Rental Market - Insurance Replacement Revenue Review( LKR Million), 2013 - 2017
Figure 7: Sri Lanka Car Rental Market - Total Car Rental Market Value (LKR Millions), 2017 - 2022
Figure 8: Sri Lanka Car Rental Market - Business Rentals Forecast (LKR Millions), 2017 - 2022
Figure 9: Sri Lanka Car Rental Market - Business Rentals Review by Category, 2017 - 2022 (LKR Million)
Figure 10: Sri Lanka Car Rental Market - Leisure Rentals Forecast (LKR Millions), 2017 - 2022
Figure 11: Sri Lanka Car Rental Market - Leisure Rentals Review by Category, 2017 - 2022 (LKR Million)
Figure 12: Sri Lanka Car Rental Market - Insurance Replacement Revenue Forecast (LKR Million), 2017 - 2022
Figure 13: Sri Lanka Car Rental Market - Fleet Size Review (Actual), 2013 - 2017
Figure 14: Sri Lanka Car Rental Market - Fleet Size Forecast (Actual), 2017 - 2022
Figure 15: Sri Lanka Car Rental Market - Number of Rental Occasions (Million), 2013 - 2017
Figure 16: Sri Lanka Car Rental Market - Number of Rental Occasions (Million), 2017 - 2022
Figure 17: Sri Lanka Car Rental Market - Business Rentals Review (Million), 2013 - 2017
Figure 18: Sri Lanka Car Rental Market - Business Rentals Review (Million), 2017 - 2022
Figure 19: Sri Lanka Car Rental Market - Average Rental Length Review (Days), 2013 - 2017
Figure 20: Sri Lanka Car Rental Market - Average Rental Length Forecast (Days), 2017 - 2022
Figure 21: Sri Lanka Car Rental Market - Utilization Rate Review (%),2013 - 2017
Figure 22: Sri Lanka Car Rental Market - Utilization Rate Forecast (%), 2017 - 2022
Figure 23: Sri Lanka Car Rental Market - Average Revenue per Day Review (LKR), 2013 - 2017
Figure 24: Sri Lanka Car Rental Market - Average Revenue per Day Forecast (LKR), 2017 - 2022
