The Dutch car rental market is expected to show significant growth, contributing around 4,000 million euros by 2027F with an expected increase in travel spending and an increase in foreign visitors: Ken Research

GURUGRAM, India, January 11, 2023 /PRNewswire/ — Car Rental at Netherlands is one of the growing markets in the European region with multiple players offering customer-oriented mobility services as well as short-term rental companies. Several international players are expected to enter and conquer the market with an increase in consumer demand in the near future.

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  • Amsterdam Schiphol Airport, belonging to the central region, is expected to receive a large number of international tourists for business and leisure purposes in the near future.

  • The share of electric vehicles is expected to reach 25.0% Netherlands plans to switch to electric mobility, which is less taxed than other cars.

  • With increasing internet penetration and smartphone ownership, customers are expected to make reservations online as it is more convenient to book with additional discounts and save time.

The growing demand for rental cars: It’s expected that Car Rentals at the Netherlands will go beyond in the near future due to trends such as the demand of the working population for business and leisure, the replacement of ownership by rental and car sharing due to parking permits and the problems of availability of space in the country. With the increase in the working population traveling by taxi, aggregators are avoiding public transport. Also, with the growing demand for rental cars and short term car rentals for personal choice.

Increased internet penetration and smartphone ownership: The unorganized channel is likely to fall as business enterprises and international tourists prefer security for car rentals. Less percentage of Dutch population is preferred unorganized as rental prices are cheaper. As with increasing internet penetration and smartphone ownership, customers are expected to make reservations online as it is more convenient for reservations with additional discounts and time savings.

Taxis and rental cars will be zero emissions by 2025: The Netherlands was chosen as the next logical destination in the country, as the other two major economies of Europe, Franceand Spain, have several regulations and powerful taxi unions. In the years to come, the Netherlands is to limit all newly registered taxis and rental cars in major cities to zero-emission vehicles after 2025. Other parts of the country are allowed until 2030.

The analysts of Ken Research in their latest post Netherlands Car Rental Market Outlook to 2027F – Driven by increasing demand from the working age population and expanding tourism and travel industryobserved the potential of the car rental market in the Netherlands. The expansion of the tourism industry with the increase in the number of foreign tourists in the Netherlands and demand for transportation, the growing need for transportation options in the Netherlands, and growing customer demand along with government incentives on electric vehicles are expected to contribute to the growth of the market over the forecast period. The Netherlands car rental market is expected to grow at a CAGR of 13.7% over the forecast period 2022P-2027F driven by growing demand from the working-age population and expanding tourism industry and trips.

Key Segments Covered:-

The car rental market in the Netherlands

By market structure

  • Organized market

  • Unorganized market

By vehicle type

  • Small cars/ sedans

  • sedans

  • SUV

  • Others

By ICE/EV

By region

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By booking method

Per customer

Per pickup

Key Target Audience:-

  • Car rental companies wishing to establish themselves in the Netherlands

  • Netherlands automotive industries

  • Government agencies and regulatory authorities

  • Venture Capitalist targeting the car rental market

  • Automotive Industry Association

Time period entered in the report: –

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Companies covered: –
Car rental company

  • Avis Budget Group

  • Hertz

  • Euromobil

  • Rent a car

  • Europcar

  • SIXT

  • Business

Main topics covered in the report:-

  • Overview of the automotive industry in the Netherlands

  • Overview and genesis of the car rental market in Netherlands

  • Dutch car rental market ecosystem

  • Business cycle and value chain analysis of the car rental market in Netherlands

  • Netherlands Car rental market size, 2017-2022P

  • Market segments of the car rental market in Netherlands (by market structure, by vehicle type, by ICE/EV, by booking mode, by pick-up, by customer, by region), 2022P

  • Snapshots on car sharing, taxi aggregators, carpooling/carpooling, self-driving cars and bike aggregators

  • SWOT Analysis of the Netherlands Car Rental Market

  • Growth drivers of the Dutch car rental market

  • Dutch car rental market regulations and government incentives

  • Trends and developments in the car rental market in the Netherlands

  • Challenges of the Dutch car rental market

  • Competitive analysis of the car rental market in Netherlands

  • Car Rental Market End User Analysis Netherlands

  • Future prospects and projections of the car rental market in Netherlands2022P-2027F

  • Market Opportunities and Analyst Recommendations

For more information on Market Intelligence, refer to the link below:-

The car rental market in the Netherlands

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