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Car Rentals
Market, Supplier, Risk and
Competitive Intelligence

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  • PRO access to Beroe LiVE.Ai™
  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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Manage Car Rentals Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Car Rentals related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Car Rentals to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Car Rentals related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Car Rentals to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Global Market Outlook
  • Growth Drivers and Constraints – Car Rental Services
  • Cost Structure of Car Renting Companies
  • Preferred Souring Model

Table of Contents

  1. Executive Summary
  2. Global Car Rental Market
  3. Impact of COVID-19 on Global Car Rental Market
  1. Market Analysis
  2. Market Maturity and Trends
  3. Drivers and Constraints
  4. Regional Market Outlook
  5. Porter’s Five Forces Analysis
  1. Cost Structure
  2. Contracting Structure
  3. Preferred Pricing Model
  1. Cost and Pricing Analysis
  2. Activated Carbon Industry Analysis
  3. Porters Analysis - Activated Carbon
  4. Activated Carbon Market - Drivers and Constraints Competitor Landscape
  1. Procurement Best Practices
  2. Sourcing Best Practices
  1. Negotiation Support Levers
  2. Negotiation Levers
  3. Service Level Agreements

Want a more detailed personalised report?

North America and Europe are high mature markets and contributes to more than 75 percent of the global car rental service’s revenue.

Growth Drivers and Constraints

Car rental services have benefited from business travellers, owing to their wide availability across countries and presence in airports. However,
COVID-19 has pushed the users to shift their preference towards private vehicles.

Porter’s Five Forces Analysis

Supplier Power

  • The car rental industry has witnessed a huge drop in revenue, owing to COVID-19
  • Suppliers are looking at ways to operate the business with minimal profits
  • Supplier power has dropped, with global companies looking to offer discounts and coupons to increase rentals days

Barriers to new entrants

  • A new entrant would have to make a high investment in resources, especially in technology, to ensure customer service is par with the industry
  • Low profit margin, due to stiff competition in the industry, is another important dissuading factor for new entrants

Intensity of Rivalry

  • The highly consolidated nature of the market combined with the similarity of service portfolios intensifies the rivalry in the market
  • Car rental companies strive to overcome low differentiation by providing value-added services, like technological gadgets

Buyer Power

  • Downtrend in adoption, low revenue and rental days has enabled better negotiation power to buyer
  • The corporate buyers are looking to engage with car rental companies for monthly rentals at discounted rates

Threat of Substitutes

  • Shared mobility is an alternative to renting a car, but the feasibility is low for long distance travel
  • Adoption of technology, such as usage of video conferencing in the stead of travel, is also an alternative
  • However, the threat of substitutes is low–moderate, fear among consumers is high due to the impact of the pandemic

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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