Renting of Land Transport Equipment in Saudi Arabia: Industrial Report - New Report Available
Market sees 3% CAGR over 2007-2012 to reach SR2.1 billion in the latter year. Demand quite seasonal, with rental activities increasing significantly during religious celebrations. Value of services provided by foreign entities represents 44% of market value in 2012. Industry concentrated, with five largest companies generating nearly half of total production. Industry predicted to see 5% CAGR over forecast period, mostly due to rising disposable incomes and growing popularity of travel during religious holidays.
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