Car Rental Market to Hit USD 182 Billion by 2032, Expanding at 9.1% CAGR with Rising Mobility Demand
The global Car Rental market was valued at USD 98.6 billion in 2023 and is projected to reach USD 182.0 billion by 2032, growing at a CAGR of 9.1% during 2024–2032. Increasing urban mobility needs, tourism recovery, and digital booking adoption are fueling demand. In 2023, over 61% of travelers opted for rental mobility solutions, while app-based bookings accounted for nearly 48%...