The global personal car leasing market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for personal cars in emerging economies such as India and China. The increasing number of people opting for leasing services is also driving the growth of this market. The long-term personal car leasing segment accounted for a share of over 50% in 2017 and is expected to maintain its dominance throughout the forecast period, owing to its high popularity among customers due to lower monthly payments and flexible payment options. In addition, it offers customers with an opportunity to own their vehicle after paying off their lease contract or return it at any time without any penalties or fees. North America accounted for a share over 40% in 2017 and is expected to maintain its dominance throughout the forecast period owing to higher disposable income levels among consumers coupled with favorable government policies towards electric vehicles (EVs).
Some Of The Growth Factors Of This Market:
- The number of people who are leasing cars is increasing.
- The average age of a car is increasing, which means that the demand for new cars will increase as well.
- There are more and more people who want to lease a car because they don't want to be tied down by a long-term contract or they don't have enough money for a down payment on the purchase price of the car.
- Leasing companies offer lower monthly payments than buying outright, which makes it easier for people with less money to afford a vehicle and maintain their credit rating at the same time.
Industry Growth Insights published a new data on “Personal Car Leasing Market”. The research report is titled “Personal Car Leasing Market research by Types (Long Term Personal Car Leasing, Short Term Personal Car Leasing), By Applications (Individual Leasing, Commercial Leasing), By Players/Companies OuiCar, Getaround (Drivy), Allcarleasing, Conor Kennedy Ltd, BOLE Club, Hippo Vehicle Solutions, Leasing Options”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Personal Car Leasing Market Research Report
By Type
Long Term Personal Car Leasing, Short Term Personal Car Leasing
By Application
Individual Leasing, Commercial Leasing
By Companies
OuiCar, Getaround (Drivy), Allcarleasing, Conor Kennedy Ltd, BOLE Club, Hippo Vehicle Solutions, Leasing Options
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Personal Car Leasing Market Report Segments:
The global Personal Car Leasing market is segmented on the basis of:
Types
Long Term Personal Car Leasing, Short Term Personal Car Leasing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual Leasing, Commercial Leasing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OuiCar
- Getaround (Drivy)
- Allcarleasing
- Conor Kennedy Ltd
- BOLE Club
- Hippo Vehicle Solutions
- Leasing Options
Highlights of The Personal Car Leasing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Long Term Personal Car Leasing
- Short Term Personal Car Leasing
- By Application:
- Individual Leasing
- Commercial Leasing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Personal Car Leasing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Personal car leasing is a lease agreement in which the lessee (the person who leases the car) pays for a set period of time and then returns the vehicle at the end of that time. The lessee typically has full use of the vehicle, including ownership rights, during this period. Personal car leasing can be an excellent option for people who need a reliable vehicle but don't want to commit to buying one outright.
Some of the major companies in the personal car leasing market are OuiCar, Getaround (Drivy), Allcarleasing, Conor Kennedy Ltd, BOLE Club, Hippo Vehicle Solutions, Leasing Options.
The personal car leasing market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Personal Car Leasing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Personal Car Leasing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Personal Car Leasing Market - Supply Chain
4.5. Global Personal Car Leasing Market Forecast
4.5.1. Personal Car Leasing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Personal Car Leasing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Personal Car Leasing Market Absolute $ Opportunity
5. Global Personal Car Leasing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Personal Car Leasing Market Size and Volume Forecast by Type
5.3.1. Long Term Personal Car Leasing
5.3.2. Short Term Personal Car Leasing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Personal Car Leasing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Personal Car Leasing Market Size and Volume Forecast by Application
6.3.1. Individual Leasing
6.3.2. Commercial Leasing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Personal Car Leasing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Personal Car Leasing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Personal Car Leasing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Personal Car Leasing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Personal Car Leasing Demand Share Forecast, 2019-2026
9. North America Personal Car Leasing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Personal Car Leasing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Personal Car Leasing Market Size and Volume Forecast by Application
9.4.1. Individual Leasing
9.4.2. Commercial Leasing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Personal Car Leasing Market Size and Volume Forecast by Type
9.7.1. Long Term Personal Car Leasing
9.7.2. Short Term Personal Car Leasing
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Personal Car Leasing Demand Share Forecast, 2019-2026
10. Latin America Personal Car Leasing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Personal Car Leasing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Personal Car Leasing Market Size and Volume Forecast by Application
10.4.1. Individual Leasing
10.4.2. Commercial Leasing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Personal Car Leasing Market Size and Volume Forecast by Type
10.7.1. Long Term Personal Car Leasing
10.7.2. Short Term Personal Car Leasing
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Personal Car Leasing Demand Share Forecast, 2019-2026
11. Europe Personal Car Leasing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Personal Car Leasing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Personal Car Leasing Market Size and Volume Forecast by Application
11.4.1. Individual Leasing
11.4.2. Commercial Leasing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Personal Car Leasing Market Size and Volume Forecast by Type
11.7.1. Long Term Personal Car Leasing
11.7.2. Short Term Personal Car Leasing
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Personal Car Leasing Demand Share, 2019-2026
12. Asia Pacific Personal Car Leasing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Personal Car Leasing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Personal Car Leasing Market Size and Volume Forecast by Application
12.4.1. Individual Leasing
12.4.2. Commercial Leasing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Personal Car Leasing Market Size and Volume Forecast by Type
12.7.1. Long Term Personal Car Leasing
12.7.2. Short Term Personal Car Leasing
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Personal Car Leasing Demand Share, 2019-2026
13. Middle East & Africa Personal Car Leasing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Personal Car Leasing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Personal Car Leasing Market Size and Volume Forecast by Application
13.4.1. Individual Leasing
13.4.2. Commercial Leasing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Personal Car Leasing Market Size and Volume Forecast by Type
13.7.1. Long Term Personal Car Leasing
13.7.2. Short Term Personal Car Leasing
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Personal Car Leasing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Personal Car Leasing Market: Market Share Analysis
14.2. Personal Car Leasing Distributors and Customers
14.3. Personal Car Leasing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OuiCar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Getaround (Drivy)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Allcarleasing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Conor Kennedy Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BOLE Club
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hippo Vehicle Solutions
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Leasing Options
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook