- July 15, 2021
- Posted by: Stratford Team
- Category: Business
Abstract: Global Car Rental Business Market to Reach $89. 6 Billion by 2027. Amid the COVID-19 crisis, the global market for Car Rental Business estimated at US$69.
New York, July 15, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Car Rental Business Industry” – https://www.reportlinker.com/p01374720/?utm_source=GNW
6 Billion in the year 2020, is projected to reach a revised size of US$89.6 Billion by 2027, growing at aCAGR of 3.7% over the period 2020-2027. Airport, one of the segments analyzed in the report, is projected to record 2.8% CAGR and reach US$35.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Airport segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $26.9 Billion, While China is Forecast to Grow at 8% CAGR
The Car Rental Business…