Boston, MA -- (SBWIRE) -- 11/11/2014 -- It was another challenging year in 2013 for car rental companies operating in Spain. The increase in the numbers of inbound tourists and travellers with special focus in cities such as Barcelona, Malaga and Palma de Mallorca. This was important for rental car operators as it helped to compensate for the continued drop in demand for domestic and business rentals as result of the economic crisis. However, tourists continued to limit the number of days they rent a car and book small or economical cars that are associated with a competitive price. In 2013 it is estimated by industry experts that the average car rental days was five days per contract.

View Full Report Details and Table of Contents

Industry Prospects

Car rental in Spain is expected to experience a value CAGR of 1% at constant 2013 prices over the forecast period, while the number of transactions is expected to grow by a volume CAGR of 2%. Spend per transaction in car rental is expected to decrease along with the duration of car rental, thus falling prices, driven by competition, will impact overall sales.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Spain with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Car Rental industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.

The Car Rental in Spain market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Car Rental in Spain?
- What are the major brands in Spain?
- Is there a shift from airport car rental to non-airport?
- Is leisure car rental outpacing business car rental?
- Is insurance replacement recession-resistant?

Reasons to Get this Report:

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 800-844-8156

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

- The North American Car Rental Market to 2018
- Car Rental in Thailand to 2018: Market Databook
- Car Rental in Japan to 2018: Market Databook
- Car Rental in Spain to 2017: Market Databook
- Car Rental in Mexico to 2017: Market Databook
- Car Rental in Saudi Arabia to 2018: Market Databook
- Car Rental in the Netherlands to 2017: Market Databook
- Car Rental in Turkey to 2018: Market Databook
- Car Rental in South Africa to 2017: Market Databook
- Car Rental in Brazil to 2017: Market Databook