Friday, January 27, 2023

Email id:, Contact Us : +91-9871552944

Home Automotive, Transportation and Warehousing Automotive and Automotive Components Boost in Tourisms, increasing on-demand services and various Government Initiatives are the...

Boost in Tourisms, increasing on-demand services and various Government Initiatives are the major driver of the Egypt car rental market: Ken Research

Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, boost in tourism sector, the car rental market in Egypt has ample growth potential in the coming years.

Boost in Tourism: The Egypt car rental market is currently expanding. The pandemic has caused a precipitous drop, which has had a negative impact, but with the reopening of the travel industry, the tourism sector is expected to grow with the inflow of tourists. Furthermore, the growing number of foreign tourists in the country will drive the Egypt car rental market. Furthermore, the rise in consumer disposable income, combined with the influence of a high standard of living and increased spending on luxury travel, is propelling the Egypt car rental industry.

The growing trend of on-demand transportation services: In recent years, the impact of technological advancements has revolutionized the industry. The increasing use of smartphone-based online rental car booking apps is significantly contributing to market growth. With the help of online booking mobile applications for the convenience of customers, companies in the market have been able to capture a large customer base.  On-demand ride services enables users to compare locations and prices of nearby taxi, car-sharing, and ride-hailing companies in one app. Furthermore, factors such as the growing trend of on-demand transportation services and the low rate of car ownership among millennials have fueled the growth of the Egypt car rental market.

Covid-19 Impact on Car Rentals: The pandemic had a negative impact on market growth due to a halt in activities as a result of the lockdowns and travel and transportation restrictions imposed by the Egypt government to combat the spread of the coronavirus. Furthermore, as the tourism industry, both international and domestic suffered a significant blow as a result of the pandemic, demand for car rentals decreased, as car rental services are widely used by tourists.

Analysts at Ken Research in their latest publication Egypt Car Rental Market Outlook to 2027F – Driven by Increasing Internet penetration, On-Demand Services, boost in tourism and Government Initiatives in infrastructureobserved the potential of the Car Rental Market in Egypt. With the boost in tourism sector in Egypt, increasing trend for On- Demand services, rising internet penetration along with government initiatives on infrastructure and electric vehicles are expected to contribute to the market growth over the forecast period. The Egypt Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Egypt Car Rental Industry

Key Segments Covered:-

Egypt Car Rental Market

By Market Structure, 2022 & 2027F

Organized market

Unorganized market

By Type of Vehicles, 2022 & 2027F

Small Cars/ Hatchbacks




By ICE/EV, 2022 & 2027F

ICE (Internal Combustion Engine)

Electric Vehicles

By Cities, 2022 & 2027F





Port Said


Request for Sample Report @

By Mode of Booking, 2022 & 2027F



By Time Duration, 2022 & 2027F



By Pick-up, 2022 & 2027F



Key Target Audience:-

Car Rental Service Providers

Car Rental Companies aiming to establish in Egypt

Egypt’s automotive industries

Government Bodies & Regulating Authorities

Venture Capitalist targeting the car rental market

Automotive industry association

Car Manufacturers

Existing Car Rental Companies

OEM Dealerships

New Market Entrants


Car Rental Associations

Ask for Customization @

Time Period Captured in the Report:-

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

Companies Covered:-




Avis Rent a Car System LLC


TruKKer Holding

Reftruck Egypt

Enterprise Holdings, Inc.

Key Topics Covered in the Report:-

Overview, Operating Models and Company Profile of the Automotive Industry in the Egypt, 2022

Overview and Genesis of Car Rental Market in Egypt, 2022

Ecosystem of Egypt Car Rental Market

Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Egypt

Egypt Car Rental Market Sizing, 2017- 2022P

Market Segmentations of Car Rental Market in Egypt (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022

SWOT Analysis of Egypt Car Rental Market

Growth Drivers of Egypt Car Rental Market

Government regulations of Egypt Car Rental Market

Government Incentives and Policies on Electrification in Egypt

Trends and Developments of Egypt Car Rental Market

Challenges of Egypt Car Rental Market

Competitive Analysis of Car Rental Market in Egypt

End User Analysis of Car Rental Market in Egypt

Future Outlook and Projections of Car Rental Market in Egypt, 2022-2027F

Market Opportunities and Analyst Recommendations

For more information on the research report, refer to below link:-

Egypt Car Rental Market

Related Reports by Ken Research:-

Netherlands Car Rental Market Outlook to 2027F

Japan Car Rental Market Outlook to 2027F

France Used Cars Market Outlook to 2027


Growing Manufacturing Sector, developing infrastructure and rising disposable incomes to Drive the Lubricants Market in Thailand: Ken Research

Buy Now Passenger Vehicle lubricants have second major share in the market as they are lower in viscosity than diesel engine oils as they...

Thailand Is the 22nd Largest Market for E-Commerce with Current Y-O-Y Growth Rates Of 16%, Even Higher Than USA: Ken Research

Buy Now Thailand E-Commerce Logistics Market Ecosystem Thailand E-Commerce Logistics Market is in the growing stage, the growth of Thailand’s logistics sector is also being supported...

Owing To The Growing Demand For Processed Foods Coupled With The Opportunities In Vaccine Transport The Cold Chain Will Witness A Billion-Dollar Growth In...

Buy Now Singapore’s Cold Chain Market is in the growing stage, being driven by the change in lifestyle leading to increasing demand for meat products...

Most Popular

Solar PV Equipment Market in Vietnam is expected to climb further from USD ~5.30 Bn in 2022P to USD ~9.61 Bn in 2027E owing...

Buy Now Vietnam Solar PV Equipment Market is in the growing stage, being driven by Government Initiatives and availability of modern technologies Vietnam Solar PV...

Vietnam Construction Chemical market revenue is expected to get doubled by 2027F with a CAGR of ~11.9% between 2022E-2027F owing to rapid urbanization, increasing...

Buy Now Vietnam Construction Chemical Industry is a moderately fragmented market with the presence of local as well as international brands in the market. Currently,...

Ken Research Advises Collaborating with Others and Applying Strategic Thinking When Creating Customer Surveys

Customers are always worth businesses that are open to criticism and deliver a platform to share their experiences, grievances, and concerns. To take your...

Thailand Used Smartphone Market is Expected to Reach More Than USD ~2.5 bn by 2027F Owing to Adoption of 5G network and a High...

Buy Now The used smartphone industry is fragmented with the majority of unorganized smartphone dealers in Thailand. ~55.5% of used smartphones are sold by offline...