Summary
Car Rental in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in South Korea
- Leading company profiles reveal details of key car rental market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea car rental market with five year forecasts by both value and volume
Synopsis
Essential resource for top-line data and analysis covering the South Korea car rental market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the South Korea car rental market by value in 2016?
- What will be the size of the South Korea car rental market in 2021?
- What factors are affecting the strength of competition in the South Korea car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's car rental market?
Key Highlights
The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up car rentals for business and leisure purposes. Other includes insurance rentals and replacements. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2015 annual average exchange rates.
The South Korean car rental industry is expected to generate total revenues of $4,490.1m in 2016, representing a compound annual growth rate (CAGR) of 5.9% between 2012 and 2016.
One of the industry players, AJ, have seen such success that they have decided to expand into the US in 2016 and is the first South Korean car rental company to do so.
Industry consumption volume is forecast to increase with a CAGR of 7.2% between 2012-2016, to reach a total of 429.4 thousand fleet size in 2016.
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Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
AJ Rent A Car Co., Ltd.
Joy Rent a Car Co., Ltd
RedcapTour Co., Ltd.
Sixt SE
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
Table 1: South Korea car rental market value: $ million, 2012-16(e)
Table 2: South Korea car rental market volume: thousand fleet size, 2012-16(e)
Table 3: South Korea car rental market category segmentation: $ million, 2016(e)
Table 4: South Korea car rental market geography segmentation: $ million, 2016(e)
Table 5: South Korea car rental market value forecast: $ million, 2016-21
Table 6: South Korea car rental market volume forecast: thousand fleet size, 2016-21
Table 7: AJ Rent A Car Co., Ltd.: key facts
Table 8: AJ Rent A Car Co., Ltd.: key financials ($)
Table 9: AJ Rent A Car Co., Ltd.: key financials (KRW)
Table 10: AJ Rent A Car Co., Ltd.: key financial ratios
Table 11: Joy Rent a Car Co., Ltd: key facts
Table 12: RedcapTour Co., Ltd.: key facts
Table 13: RedcapTour Co., Ltd.: key financials ($)
Table 14: RedcapTour Co., Ltd.: key financials (KRW)
Table 15: RedcapTour Co., Ltd.: key financial ratios
Table 16: Sixt SE: key facts
Table 17: Sixt SE: key financials ($)
Table 18: Sixt SE: key financials (€)
Table 19: Sixt SE: key financial ratios
Table 20: South Korea size of population (million), 2012-16
Table 21: South Korea gdp (constant 2005 prices, $ billion), 2012-16
Table 22: South Korea gdp (current prices, $ billion), 2012-16
Table 23: South Korea inflation, 2012-16
Table 24: South Korea consumer price index (absolute), 2012-16
Table 25: South Korea exchange rate, 2012-16
AJ Rent A Car Co., Ltd.
Joy Rent a Car Co., Ltd
RedcapTour Co., Ltd.
Sixt SE
