Rental Companies Challenges,Budget Car Rental Online Market,Car Rental Locations in Cairo, - PowerPoint PPT Presentation


Title: Rental Companies Challenges,Budget Car Rental Online Market,Car Rental Locations in Cairo,


1
Egypt Car Rental and Leasing Market Forecast to
2020 Ken Research
2
  How Egypt Car Rental And Leasing Market Is
Positioned?
The car rental market in Egypt has been on a
downward trend since the past few years from
2010-2015 majorly due to the presence of various
obstacles such as local supply, poor roads, GPS,
government regulation and poor infrastructure
facilities. Various companies in the country have
been closed due to the increasing dominance of
local companies. Although majority of the
visiting business people, students and expats
that travel to the country prefer to rent a car
for long term/ service tenure. Egypt car rental
market has declined at a CAGR of , over the
period, 2010-2015 and slumped to USD million in
2015 from USD million in 2010.
3
Figure Egypt Car Rental And Leasing Market Size
On The Basis Of Revenue In USD Million And Fleet
Size In Numbers, 2010-2015
4
The improvement of the tourist arrival despite
slow start has set the industry to a recovery
path as seen in lower decline rate in 2015. The
economic summit in Egypt has been a major factor
contributing to the tourism recovery. Moreover,
the government has been taking certain steps to
improve tourism which will then have a direct
positive impact on the car rental market in
Egypt. Ministry of tourism has been promoting
Egypt as a big travel destination all over the
world. The recovery in the sector and the
economic investment is expected to impact the car
rental market in a positive way.
5
Which Segments Have Driven Egypt Car Rental And
Leasing Market?
  • Egypt Car rental market has been differentiated
    into three segments including car leasing, car
    sharing and Chauffeur driven car. Car leasing
    segment dominated the Egypt car rental market
    with the market share by revenue, in 2015.
    Short term car rental segment is observed to
    follow the car leasing segment. The segment has
    experienced decline over the span of five years
    from 2010 to 2015 and has recorded revenue share
    of and in the respective years. Chauffeur
    driven car segment has gained much demand over
    the span of five years. The segment was
    responsible for of the revenue share in 2010,
    which has increased to in 2015. Recovering
    number of tourists in the country is the prime
    reason which has contributed towards the growth
    of this segment in recent years.

6
Figure Egypt Car Leasing Market Segmentation By
Industry Verticals (Oil And Gas, Construction,
Trading Companies And Others) On The Basis Of
Revenues In Percentage (), 2015
7
  • The Egypt car leasing has been characterized by a
    high amount of revenue from the trading companies
    in comparison to oil and gas companies which
    account for a higher revenue share in other
    countries such as UAE and Saudi Arabia. The
    trading companies held a share of in the
    revenues earned by the car leasing companies in
    Egypt. The revenues of car leasing from
    construction sector has proportionate a share of
    during 2015. The other sectors such as medical
    companies and IT-BPO sector has contributed a
    share of in the revenues earned from car
    leasing in Egypt

8
What Is The Competition Scenario In Egypt Car
Rental And Leasing Market?
  • Car Rental market in Egypt has been distinguished
    by severe price and services competition. The
    industry has been driven by various parameters
    such as price, customer service quality and
    various other factors. The major purpose of car
    rental industry in the country is to offer
    travelers with access to safe, reliable vehicles
    as and when the individual requiring such cars.
    The Egypt car rental industry has been
    predominantly held by four major players namely
    Europcar, Sixt, Avis Hala, Budget and Others.

9
What Is The Future Outlook For Egypt Car Rental
And Leasing Market?
  • The announcement of the Red Sea Bridge joining
    Saudi Arabia and Egypt has provided hopes for the
    car rental market in the Egypt since a large
    portion of the car rental market especially the
    leasing market is derived by the trading
    companies. The bridge connecting Saudi Arabia
    with Egypt will boost trade as the two countries
    signed 17 agreements to enhance bilateral ties.
    Thus by connecting the two countries, two
    continents are joined i.e. Asia and Africa this
    will bolster the trade between the two continents
    through Egypt and Saudi and hence provide an
    impetus to the car rental market in the country.

10
Figure Egypt Car Rental And Leasing Market
Future Projections By Revenues And Fleet Size,
2016-2020
11
Key Factors Considered In The Report
  • Comprehensive analysis of the Egypt Car Rental
    and Leasing Market and its segments
  • Listed major players and their positioning in the
    market
  • Identified major industry developments in last
    few years and assess the future growth of the
    industry
  • Government roles to understand the regulatory
    environment in each country
  • Comprehensive analysis of major segments in the
    Car Rental and Leasing Market in Egypt

12
Disclaimer
  • The research reports provided by Ken Research are
    for the personal information of the authorized
    recipient and is not for public distribution and
    should not be reproduced or redistributed without
    prior permission. None of this material may be
    used for any commercial or public use until
    unless authorized by Ken Research. The report
    will only be used as per the license rights
    authorized by Ken Research.
  • The information provided in the research
    documents is from publicly available data and
    other sources, which are reliable. Efforts are
    made to try and ensure accuracy of data. With
    respect to documents available, neither the
    company nor any of its employees makes any
    warranty, express or implied, including the
    warranties of merchantability and fitness for a
    particular purpose, or assumes any legal
    liability or responsibility for the accuracy,
    completeness, or usefulness of any information,
    apparatus, product, or process disclosed, or
    represents that its use will not infringe
    privately owned rights.

13
  • Source https//www.kenresearch.com/automotive-t
    ransportation-and-warehousing/automotive-and-autom
    otive-components/egypt-vehicle-leasing-market/4290
    8-100.html
  •  Contact Ken ResearchAnkur
    Gupta, Head Marketing CommunicationsAnkur_at_kenre
    search.com91-9015378249
  • Website https//www.kenresearch.com/

14
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About This Presentation
Title:

Rental Companies Challenges,Budget Car Rental Online Market,Car Rental Locations in Cairo,

Description:

The car rental market in Egypt has been on a downward trend since the past few years from 2010-2015 majorly due to the presence of various obstacles such as local supply, poor roads, GPS, government regulation and poor infrastructure facilities. Various companies in the country have been closed due to the increasing dominance of local companies. Although majority of the business people, students and expats that travel to the country prefer to rent a car for long term/ service tenure. Egypt car rental market has declined at a CAGR of ~%, over the period, 2010-2015 and slumped to USD ~ million in 2015 from USD ~ million in 2010. – PowerPoint PPT presentation

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Title: Rental Companies Challenges,Budget Car Rental Online Market,Car Rental Locations in Cairo,


1
Egypt Car Rental and Leasing Market Forecast to
2020 Ken Research
2
  How Egypt Car Rental And Leasing Market Is
Positioned?
The car rental market in Egypt has been on a
downward trend since the past few years from
2010-2015 majorly due to the presence of various
obstacles such as local supply, poor roads, GPS,
government regulation and poor infrastructure
facilities. Various companies in the country have
been closed due to the increasing dominance of
local companies. Although majority of the
visiting business people, students and expats
that travel to the country prefer to rent a car
for long term/ service tenure. Egypt car rental
market has declined at a CAGR of , over the
period, 2010-2015 and slumped to USD million in
2015 from USD million in 2010.
3
Figure Egypt Car Rental And Leasing Market Size
On The Basis Of Revenue In USD Million And Fleet
Size In Numbers, 2010-2015
4
The improvement of the tourist arrival despite
slow start has set the industry to a recovery
path as seen in lower decline rate in 2015. The
economic summit in Egypt has been a major factor
contributing to the tourism recovery. Moreover,
the government has been taking certain steps to
improve tourism which will then have a direct
positive impact on the car rental market in
Egypt. Ministry of tourism has been promoting
Egypt as a big travel destination all over the
world. The recovery in the sector and the
economic investment is expected to impact the car
rental market in a positive way.
5
Which Segments Have Driven Egypt Car Rental And
Leasing Market?
  • Egypt Car rental market has been differentiated
    into three segments including car leasing, car
    sharing and Chauffeur driven car. Car leasing
    segment dominated the Egypt car rental market
    with the market share by revenue, in 2015.
    Short term car rental segment is observed to
    follow the car leasing segment. The segment has
    experienced decline over the span of five years
    from 2010 to 2015 and has recorded revenue share
    of and in the respective years. Chauffeur
    driven car segment has gained much demand over
    the span of five years. The segment was
    responsible for of the revenue share in 2010,
    which has increased to in 2015. Recovering
    number of tourists in the country is the prime
    reason which has contributed towards the growth
    of this segment in recent years.

6
Figure Egypt Car Leasing Market Segmentation By
Industry Verticals (Oil And Gas, Construction,
Trading Companies And Others) On The Basis Of
Revenues In Percentage (), 2015
7
  • The Egypt car leasing has been characterized by a
    high amount of revenue from the trading companies
    in comparison to oil and gas companies which
    account for a higher revenue share in other
    countries such as UAE and Saudi Arabia. The
    trading companies held a share of in the
    revenues earned by the car leasing companies in
    Egypt. The revenues of car leasing from
    construction sector has proportionate a share of
    during 2015. The other sectors such as medical
    companies and IT-BPO sector has contributed a
    share of in the revenues earned from car
    leasing in Egypt

8
What Is The Competition Scenario In Egypt Car
Rental And Leasing Market?
  • Car Rental market in Egypt has been distinguished
    by severe price and services competition. The
    industry has been driven by various parameters
    such as price, customer service quality and
    various other factors. The major purpose of car
    rental industry in the country is to offer
    travelers with access to safe, reliable vehicles
    as and when the individual requiring such cars.
    The Egypt car rental industry has been
    predominantly held by four major players namely
    Europcar, Sixt, Avis Hala, Budget and Others.

9
What Is The Future Outlook For Egypt Car Rental
And Leasing Market?
  • The announcement of the Red Sea Bridge joining
    Saudi Arabia and Egypt has provided hopes for the
    car rental market in the Egypt since a large
    portion of the car rental market especially the
    leasing market is derived by the trading
    companies. The bridge connecting Saudi Arabia
    with Egypt will boost trade as the two countries
    signed 17 agreements to enhance bilateral ties.
    Thus by connecting the two countries, two
    continents are joined i.e. Asia and Africa this
    will bolster the trade between the two continents
    through Egypt and Saudi and hence provide an
    impetus to the car rental market in the country.

10
Figure Egypt Car Rental And Leasing Market
Future Projections By Revenues And Fleet Size,
2016-2020
11
Key Factors Considered In The Report
  • Comprehensive analysis of the Egypt Car Rental
    and Leasing Market and its segments
  • Listed major players and their positioning in the
    market
  • Identified major industry developments in last
    few years and assess the future growth of the
    industry
  • Government roles to understand the regulatory
    environment in each country
  • Comprehensive analysis of major segments in the
    Car Rental and Leasing Market in Egypt

12
Disclaimer
  • The research reports provided by Ken Research are
    for the personal information of the authorized
    recipient and is not for public distribution and
    should not be reproduced or redistributed without
    prior permission. None of this material may be
    used for any commercial or public use until
    unless authorized by Ken Research. The report
    will only be used as per the license rights
    authorized by Ken Research.
  • The information provided in the research
    documents is from publicly available data and
    other sources, which are reliable. Efforts are
    made to try and ensure accuracy of data. With
    respect to documents available, neither the
    company nor any of its employees makes any
    warranty, express or implied, including the
    warranties of merchantability and fitness for a
    particular purpose, or assumes any legal
    liability or responsibility for the accuracy,
    completeness, or usefulness of any information,
    apparatus, product, or process disclosed, or
    represents that its use will not infringe
    privately owned rights.

13
  • Source https//www.kenresearch.com/automotive-t
    ransportation-and-warehousing/automotive-and-autom
    otive-components/egypt-vehicle-leasing-market/4290
    8-100.html
  •  Contact Ken ResearchAnkur
    Gupta, Head Marketing CommunicationsAnkur_at_kenre
    search.com91-9015378249
  • Website https//www.kenresearch.com/

14
Thank you
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