Australia Car Rental Market Projected to Reach USD 4.48 Billion by 2033
The Australia car rental market size reached USD 2.72 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.48 Billion by 2033, exhibiting a growth rate (CAGR) of 5.70% during 2025–2033.
The latest report by IMARC Group, titled “Australia Car Rental Market Report by Booking Type, Rental Length, Vehicle Type, Application, End User, and Region 2025–2033,” offers a comprehensive analysis of the Australia car rental market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia car rental market size reached USD 2.72 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.48 Billion by 2033, exhibiting a growth rate (CAGR) of 5.70% during 2025–2033.
Base Year: 2024 Forecast Years: 2025–2033 Historical Years: 2019–2024 Market Size in 2024: USD 2.72 Billion Market Forecast in 2033: USD 4.48 Billion Market Growth Rate 2025–2033: 5.70%
Australia Car Rental Market Overview
The Australia car rental market is experiencing steady growth, driven by rising tourism and business travel across the country. Increasing consumer preference for flexible transportation options is fueling demand for short- and long-term car rentals. Post-pandemic recovery in travel is supporting this surge, as more domestic and international travelers seek convenient mobility solutions. Additionally, expanding corporate travel and government initiatives to promote sustainable transport options are accelerating market growth. Car rental companies are updating fleets with fuel-efficient and electric vehicles, aligning with growing environmental awareness and regulations.
Request For Sample Report: https://www.imarcgroup.com/australia-car-rental-market/requestsample
Australia Car Rental Market Trends and Market Drivers
Digital transformation is shaping the Australia car rental market, with online booking platforms and mobile apps making rentals more accessible and user-friendly. The adoption of electric and hybrid vehicles is increasing, supported by government incentives and rising consumer interest in sustainability. Growing urbanization and the rise of shared mobility models, such as car-sharing, are driving innovation within the market. Meanwhile, increasing tourism, especially in major cities and regional hubs, continues to push rental demand. The need for contactless services amid ongoing health concerns is also fueling market evolution.
Australia Car Rental Market Segmentation:
- By Booking Type: • Offline Booking • Online Booking
- By Rental Length: • Short Term • Long Term
- By Vehicle Type: • Luxury • Executive • Economy • SUVs • Others
- By Application: • Leisure/Tourism • Business
- By End User: • Self-Driven • Chauffeur-Driven
- By Region: • Australian Capital Territory & New South Wales • Victoria & Tasmania • Queensland • Northern Territory & South Australia • Western Australia
Browse Full Report with TOC & List of Figures: https://www.imarcgroup.com/australia-car-rental-market
Australia Car Rental Market News:
April 2025: The Australian government announced new subsidies to expand electric vehicle infrastructure, encouraging car rental companies to adopt EVs. February 2025: A leading car rental company partnered with a ride-sharing platform to offer hybrid mobility solutions to urban consumers.
Key highlights of the Report:
- Market Performance (2019–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
****
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask analyst for your customized sample:
https://www.imarcgroup.com/request?type=report&id=21974&flag=E
****
About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-631-791-1145