How South Africa Car Rental, Leasing and Aggregator Market is Positioned?
South Africa Car Rental and Leasing Market
South Africa Car Rental And Leasing Market augmented positively from 2013 to 2018 at a positive CAGR during the review period 2013-2018. The car rental and leasing market was largely dominated by foreign companies operating in the country including Avis, Hertz, Budget and Europcar. Car rental and leasing market in South Africa was driven by business car rental due to consistent bookings from corporate customers to attend events such as exhibitions, conferences, workshops and meetings. Industry players also formed strategic partnerships with each other to boost sales.
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South Africa Cab Aggregator Market
In 2013, online cab aggregators entered the South African transportation industry with the launch of Uber in Johannesburg. Uber and Taxify are the major players in the market. Online cab aggregators have expanded the market beyond the existing market of traditional metered taxis. At numerous occasions violence has erupted between metered taxi operators and online cab aggregator drivers in the country as the metered taxi operators accused the online cab aggregators of stealing business and competing unfairly due to low fares which could not be matched.
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South Africa Car Rental and Leasing Market Segmentation
By Region
In 2018, Southern South Africa had the largest share of the car rental and leasing market in terms of revenue followed by Northern South Africa, Eastern South Africa and Western South Africa. Cape Town and Port Elizabeth are the major markets for car rental and leasing in the southern part of the country. This is because not only is Cape Town a major destination for business tourism in Africa, it is also an employment hub in the country and thus attract many migrants.
By Type of Booking
Offline booking was the major source of bookings as compared to online bookings in South Africa car rental and leasing market. Direct booking through company website had the major market share within the online booking market for car rental and leasing while booking through intermediaries mainly including booking through third party websites such as CarFlexi, Economy Car Rentals, and Kayak or by other travel agencies had a smaller share in the online booking market.
By Type of End Users
In 2018, Logistics and Courier companies continued to be the largest end user for car rental and leasing market followed by Mining Company Executives. Other end users included Financial Institutions, Consultancy, Hospitality Industry and other industries. This is because a large number of businesses rely on logistics and courier companies for urgent, secure and efficient procurement and distribution solutions in South Africa thus fuelling growth in the country’s car rental and leasing market too.
Keywords:-
South Africa Car Rental And Leasing Industry
Car Rental and Leasing Industry In South Africa
South Africa Car Rental Direct Booking Market
South Africa Car Rental Third Party Booking Market
Regulatory Norms in South Africa Taxi Market
Growth Drivers South Africa Car Rental
Minibus Taxi Market in South Africa
Metered Taxi Market in South Africa
Airport Transfers in South Africa
Fuel Prices In South Africa Taxi Market
Political Impact South Africa Taxi Market
Transport Structure In South Africa
South Africa Uber Market
South Africa Taxify Market
South Africa Uber Company Profile
South Africa Hertz Company Profile
South Africa Avis Company Profile
Key Segments Covered:-
South Africa Car Rental and Leasing Market:
By Region:
Northern South Africa
Southern South Africa
Eastern South Africa
Western South Africa
By Type of Booking:
Online Booking
Offline Booking
By Type of End Users:
Mining Company Executives
Logistic and Courier Companies
Financial Institutions, Consultancy, Hospitality Industry and Others
South Africa Cab Aggregator Market:-
By Region:
Northern South Africa
Southern South Africa
Eastern South Africa
Western South Africa
Key Target Audience:-
Car Rental Companies
Car Leasing Companies
Online Cab Aggregators
Taxi Companies
Private Equity Ventures
Time Period Captured in the Report:-
2013-2018 – Historical Period
2019-2023 – Future Forecast
Companies Covered:-
Car Rental and Leasing Companies:-
Avis Budget Group Inc, Europcar Groupe SA, Hertz Corp, First Car Rental SA and Imperial Holdings Ltd, Uber and Taxify
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