Brazil Car Rental Industry is Projected to Grow at a CAGR of 3.5% from 2016-2020 to Reach USD 9.8 billion by 2020 : Ken Research

The revenues from the overall car rental industry in Brazil are estimated to achieve a peak growth of 17.7% in 2016 from the previous year. The easing of interest rates in the country coupled with a positive movement of macro-economic variables is expected to compliment the growth of car rental revenues. The revenues from the car rental market, which includes self-driven and chauffeur driven; is expected to increase at a high rate in 2016 as compared to the car leasing segment due to the arrival of the Olympics in Rio (2016). By 2020, the revenues from the car rental industry are projected to augment to USD 9.8 billion, achieving a CAGR of 3.5% from 2015 to 2020. The further strengthening of macro-economic variables and increasing business opportunities will encourage an augmented inflow of foreign national to the country. In addition to this, the expansion in road network and improving quality of road infrastructure will have a positive impact on car rental companies.

The revenue from the car leasing segment is highly dependent on the business environment and on the growth in number of companies within the country. Fluctuations in macro-economic variables will have a negligible impact on car leasing revenues as most contracts are signed for a minimum of 2 to 5 years. The improvement in client servicing with respect to leasing contracts will aid existing companies renew their leasing contracts with car rental agencies.

Chauffeur driven segment revenues are projected to grow with the increase in the cultural and sporting events and inflow of foreign national and business professionals into the country. The revenue from the self driven car rental segment is estimated to augment robustly by 2018. 2016 is an important year for Brazil as it is the first ever Olympic games being held in South America. In order to effectively host this event, the country has spent an estimated USD 22 billion in construction and infrastructure development. The “Carnival Brazil” in 2017 coupled with other cultural and sporting events is expected to help the steady growth in revenues of this segment. In addition to this, a spike in growth rate to ~% (2018) can be attributed to the increasing tourists arriving to the country due to the commencement of the International Congress of Mathematicians in 2018.

“According to Research Analyst at Ken Research, In order to maintain profitability and achieve long term goals by car rental companies, it is essential that they enter into repurchase agreements with automobile manufacturers in order to mitigate the risk arising from unstable depreciation value. This would also help car rental companies maintain optimum fleet size and higher average revenue per available car day. Car rental companies should also target the northern region in Brazil as this area constitutes approximately 45.3% of the country’s national territory but has low penetration with respect to the presence of car rental companies’ service network. In addition to this, car rental companies can also provide add-on services in the fleet management segment and also recruit women chauffeur in order to broaden their brand image in the car rental industry.”

The latest publication on “Brazil Car Rental Industry and Toll Application Market Outlook to 2020 - Increasing Sporting and Cultural activities and Robust Tourism to Foster Future Growth” by Ken Research provides a comprehensive analysis regarding the performance of the car rental industry in Brazil. The revenues of the industry have been segmented on the basis of fleet outsourcing (car leasing), self-driven car rental market and chauffeur-driven car rental market. Under each segment, aspects such as market size on the basis of revenue and fleet size have been computed. The report also covers market share in each segment along with the competitive landscape of car rental companies, pricing analysis, government regulation and working model in Brazil car rental industry. In addition to this, the report also covers Brazil toll application market size on the basis of revenues and road network, payment system and legislation in the toll application market. This report will help industry consultants, car rental and leasing companies, car aggregators, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key Topics Covered in the Report:

Comparison of Brazil Car Rental Market With USA

Operating Model of The Car Rental Market in Brazil

Genesis of Car Rental Market in Brazil

Market Overview

Fleet Overview

Customer Profile

Regional Network

Brazil Car Rental Market Size

.                    By Revenues and Fleet Size, 2010-2015

Brazil Car Rental Market Segmentation

                     By Car Rental Segments, 2010-2015

.                    By Organized and Unorganized Sector, 2015

Brazil Fleet Outsourcing Market

.                    Brazil Fleet Outsourcing Market Introduction

                     Brazil Car Leasing Market Size

                   By Revenue and Fleet Size, 2010-2015

                     Brazil Fleet Outsourcing Market Segmentation

                   By Major Industry Verticals, 2015

                   By Duration of Contract, 2015

                   By Type of Vehicle, 2015

                     Market Share in Brazil Car Leasing Market, 2015

                     Future Outlook for Brazil Car Leasing Market, 2016-2020

Brazil Rent a Car Market

                     Brazil Rent a Car Market Introduction

                     Brazil Rent A Car Market Size

                   Brazil Rent A Car Market Size By Revenues and Fleet Size, 2010-2015

                   Brazil Rent a Car Market Segmentation

          By Self-Driven and Chauffeur Driven Car Rental Revenues, 2010-2015

                   Brazil Self-Driven Car Rental Market Segmentation

           By Type of Booking Channel, 2015

           By Packages Offered, 2015

           By Usage, 2015

           By Type of Car, 2015

                   Pricing Analysis in Brazil Self Driven Car Rental Market

                   Brazil Chauffeur Driven Car Rental Market Size

           By Revenues, 2010-2015

                   Brazil Chauffeur Driven Car Rental Market Segmentation

          By On Airport and Off Airport, 2015

          By Business and Leisure Segment, 2015

          By Type of Booking Channel (Online/Offline), 2015

          By Cities, 2015

                   Market Share of Major Players in Brazil Rent a Car Market, 2015

                   Future Outlook for Brazil Rent a Car Market, 2016-2020

Self-Driven Car Rental Market Size, 2016-2020

Chauffuer Driven Car Rental Market Size, 2016-2020

                Government Regulation in Brazil Car Rental Industry

Introduction

Law No. 8955

                Brazil Toll Application Market

                     Brazil Toll Application Market Introduction

Design and Administration

Brazilian Highway Network

Maintenance and Operational Contracts

Current Scenario

.                    Brazil Toll Application Market Size, 2010-2015

.                      By Revenues from Toll Collection, 2010-2015

.                      By Toll Road Network, 2010-2015

.                    Payment Structure For Toll Roads

Brazil Car Rental Companies

.                    Legislation in the Toll Application Market

                        Toll Evasion In Brazil

Competitive Landscape of Major Car Rental Companies In Brazil

Localiza

Locamerica

Unidas

Hertz

Budget (Avis Budget Group)

                Cab Aggregator Market in Brazil

.               Growth Drivers, Trends and Challenges in Brazil Car Rental Market

.    Growth Drivers and Trends

Growing Tourism

Improving Investment in Road Infrastructure

Growth in Cell Phone Subscriptions and Internet Users

Increase in Passenger Arrivals into the Country

Fragmented Market

     Challenges

.               SWOT Analysis of Brazil Car Rental Market

.               Brazil Car Rental Market Future Outlook

.                    By Revenues, 2015

                     By Car Rental Segments, 2016-2020

.               Analyst Recommendations

                Macro Economic Factors Affecting The Car Rental Market in Brazil

Companies Covered in the Report

Localiza

Locamerica

AVIS Budget Group

Hertz

UNIDAS

Movida

Ouro Verde

ALD Automotive

Products Covered in the Report

Rent A Car

Fleet Outsourcing

Self Driven Car

Chauffer Driven Car

More Details Market Research Report Click on: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/brazil-car-rental-fleet-outsourcing-market/46888-100.html

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Promising Faction of Mobile Wallet Companies

There is a massive change from cash to electronic payments for financial and banking purposes. People are more inclined towards this automated mode of payment rather than the traditional way of paying by cash. Payment market in India will increase by USD500 billion in next 5 years. Micro-transactions will structure a substantial portion of the industry with over 50 % of person-to-merchant transactions expected to be under Rs 100. The value of remittances and money transfer that will pass through alternative digital payment instruments will double by 2020.

Global Mobile payment market is appearing as a boon as it lowers the cost, easily accessible to consumers and consumers are becoming more progressive towards online methods of payment. The various key vendors in the "Mobile Money Market" are Vodafone Group Plc, Gemalto, FIS, Google Inc., Mastercard Incorporated, Bharti Airtel Limited, Orange S.A., Monitise Plc, Mahindra Comviva and PayPal. Asia Pacific in future expected to continue to showcase one of the largest platforms for Mobile Money market. Technological advancement in mobile devices, inclining use of non-cash payments are the driving forces in the mobile money market.  Additionally, creation of new business avenues for stakeholders, evolving demographic needs across regions, rising use of mobile money services across businesses are aiding in the growth of mobile money market.

Due to perforation of smartphones, consumer’s willingness for using digital payments changes the ways of paying bills. The benefaction of non-cash modes of payments, such as demand drafts, cheques, credit/debit cards, net banking, mobile wallets is expected to increase to 40% by next 5 years. As far as Indian users are concerned, they make digital payments basically for utility bill payments, online shopping and movie ticket purchases. Bill payments industry trend is very popular in emerging economies such as India. Several e-commerce organizations are coming into place for making digital transactions facile, namely: Flipkart, Snapdeal, Amazon, Myntra, Jabong and many more. Similarly, mobile wallet companies are also emerging tremendously such as: Paytm (One97 Communications Ltd), Mobikwik (One Mobikwik Systems Pvt Ltd), Oxigen Services (India) Pvt. Ltd, Citrus Payment Solutions Pvt. Ltd, Freecharge and others. Digital payments demonstrated as fanatic across the users.

For More Payments Report :  https://www.kenresearch.com/tag/banking-financial-services-and-insurance/payments/178.html 

Adoption of Urban Farming to Produce Cosmetics: Ken Research

Ken Research announced its latest publication, “Success Case Study: Urban Fresh Cosmetics; Adapting urban farming to expand into a cosmetics business”. The case study is about the success of a personal care business called Urban Fresh Cosmetics that specializes in producing natural skin care products. The case study explores a success of a cosmetics business with a strong focus on "natural" products based on in-house, urban-farmed ingredients. It also provides a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of this sector.

History of Urban Fresh Cosmetics
Urban fresh cosmetics is a personal care business offering handmade, artisanal products. Headquartered in Albuquerque in New Mexico, they specialize in producing natural skin care products. The main idea behind urban fresh cosmetics is the use of"urban farming," through which it grows raw plants and transforms them into beauty product ingredients.
The urban fresh cosmetics is the result of the innovation of a couple, Keith and Andre who were initially running a spa business. Both Keith and Andre had huge passion for urban farming, as a result they soon transformed their passion into an international business called urban fresh, which makes organic beauty products.
Andre’s and Keith’s passion for urban farming wasn’t something new, as they had it in their roots. Andre was raised in Indiana, growing up eating fresh strawberries and tomatoes and Keith was raised in Ohio, where his grandmother grew and made products from aloe on the family farm. In the words of Keith, there are three F’s of urban fresh business model, Foundation, Feature and Focus. The family background of farming provides the basis for the first F, foundation. The next two F’s feature and focus, emphasizes the need for organic, eco-friendly products and focusing on a great customer experience respectively.
The inspiration for this business besides the family tradition of farming was Keith’s lifelong struggle with Acne. As a result, he decided to earn a license in esthetics and was later on joined by Andre, who though had a degree in psychology joined Keith in the skin care business and also became a licensed esthetician. They both opened a spa called Great Face and body which they used as medium to sell their own beauty products. But the couple soon realized that they prefer the retail side of this business, getting hands on work of growing and harvesting raw plants and transforming them into useful beauty products.
Recently, Urban Fresh gained popularity on account of its line of bath products called Bathing Bad. Every product, from bath bombs to shampoo bars, is made in the Urban Fresh factory cum retail store, and efforts are made to ensure that every item is sold the same week it's made to ensure its freshness.
Why Urban Fresh Cosmetics?
As discussed, Urban fresh cosmetics are natural skin care products, produced from natural resources such as raw plants. Globally, the cosmetics market is stagnating, as a result of which manufacturers are taking advantage of consumer’s increasing health awareness by investing in new products containing natural ingredients.
The Urban fresh cosmetics use a more holistic and sustainable approach to cosmetics production. The absence of chemicals which is mostly considered to be the root of all evil, is the key factor rising demand for such natural ingredients based cosmetics.
Besides the above benefits that is common to almost all natural cosmetics, every product in the Urban Fresh Cosmetics is made personally by Keith and Andre in their factory cum retail store and also sold in the same week as they are produced to ensure their freshness. One of the most favourite product of Urban Fresh Cosmetics is full body shampoo bar for men which usually excites people to ask if Keith is a chemist. Though not chemist, but the amount of efforts and personal services the couple offers makes them unique in the world of beauty retail.
The scale of operations of the business allows it to capitalize on relevant and potential trends, thus enabling them to make profits and increasing its market share. However, Keith believes that having more stores will get them more business and hence, more money but also at the same time cause a sacrifice on the part of personal attention to clients.
Future of Urban Fresh Cosmetics
With the increasing health and wellness consciousness among people, and the rising demand for chemical free natural cosmetics, the future of urban fresh cosmetics is indeed bright.  Besides this, Keith and Andre have been taking a number of steps on the sustainability part. They have announced their plan to the nonprofit Urban Fresh Academy where they will teach people on how to make bath bombs and also, how to save water. They are also focusing on scalability by considering to increase the number of stores, however they are afraid that this will mean a fall in the level of personal care they offer to their clients.
Key Topics Covered in the Report

• Detailed profile of Urban Fresh Cosmetics
• Relevant consumer trends and attitudes supporting innovation
• Detailed analysis of fast moving consumer goods
• History and Future of the Urban Fresh Cosmetics
• Innovations in the Fresh Cosmetic Industry
• Sustainability and Scalability of Urban Fresh Cosmetics

To know more on coverage, click on the link below:
https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/urban-fresh-cosmetics/39460-95.html
Related Reports:
https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/cosmetics-and-toiletetries-market-research-report/118-95.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

The Demand for Car Leasing in UAE is Expected to Register Growth in the Near Future : Ken Research

The share of car rental in UAE is the second largest within the entire car rental market in Middle East region with a major contribution in overall revenues in 2015. Hertz Corporation, Thrifty, Europcar, Sixt and Avis Budget have been the leading players in the UAE car rental market.
The growth in the number of tourists in the country has been majorly due to expansion of Emirates airline’s and Flydubai’s fleet network. The growth in Dubai’s cruise industry has helped by the opening of a third cruise terminal and better accessibility to Dubai. This has led to the rise in the number of tourist attractions in the country. Moreover, with an increase in the enterprises across UAE, the demand for vehicle leasing has enhanced.
UAE car rental market has majorly been driven by Dubai car rental market. The industry is showing encouraging signs of growth presently and is expected to register consistent growth in the near future. The industry is estimated to record growth on account growing consumer spending on travel and tourism. It is estimated that the industry will grow in the next 5 years with an increase in the number of international visitors and growing preference towards self drive car rental market.
The competition in this industry is envisaged to remain same since the newer players owing to their sheer fleet size will not gain much recognition in the market. Hence, the market will be guided by theses major players mainly Hertz, thrifty, super price rent a car and others. However, the role of car lease aggregators is likely to enhance backed by higher demand for cars leasing.
UAE Chauffeur driven car rental market has been broadly segmented on the basis of revenue from on-airport and off-airport or local markets
The contribution of online booking to the overall Chauffeur driven car rental market in the UAE has enhanced since consumers have become price conscious and look forward in search of best deals. Majority of the international tourists prefer online booking as compared to station or physical booking due to better internet speed and ease-in-accessibility.
The toll payment in UAE is similar to that in European countries. The toll road users are not required to pay at the toll booth because all the payments are made via pre-paid card. These pre-paid cards in UAE are called as Salik Cards.
For more information on the market research report please refer to the below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-car-rental-leasing-market/42906-100.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Egypt Car Rental and Vehicle Leasing Market is Expected to Reach over USD 45 million by 2020: Ken Research

The market research report on “Egypt Car Rental and Leasing Market Forecast to 2020 – Recovering Economy and Improved Transport Infrastructure to Drive Growth” provides a comprehensive analysis of the Car Rental Market in Egypt. The report covers market size of Egypt car rental and vehicle leasing market on basis of revenues and fleet size, segmentation on the basis of car leasing, short term car rental and chauffeur driven car rental, on-airport and off-airport, regions, mode of booking, purpose of booking, and organizational structure. The report provides snapshot of car leasing market size and segmentation by industry verticals, term of contracts and vehicle type for car leasing market in Egypt. The report is useful for industry consultants and analysts, car rental companies and new players venturing in the market.

The car rental market in Egypt has been on a downward trend since the past few years from 2010-2015 majorly due to the presence of various obstacles such as local supply, poor roads, GPS, government regulation and poor infrastructure facilities. Various companies in the country have been closed due to the increasing dominance of local companies. Although majority of the business people, students and expats that travel to the country prefer to rent a car for long term/ service tenure. Egypt car rental market has declined at a CAGR of 9.7%, over the period, 2010-2015. There was a decline in the international tourists’ arrival as well which has affected the market for car rental in the country along with poor driving behavior, poorly marked roads, lack of road signs and other such factors.
Egypt Car rental market has been differentiated into three segments including car leasing, car sharing and Chauffeur driven car. Car leasing segment dominated the Egypt car rental market by revenue, in 2015. Short term car rental segment is observed to follow the car leasing segment. The segment has experienced decline over the span of five years from 2010 to 2015. Chauffeur driven car segment has gained much demand over the span of five years.
Egypt car leasing has been characterized by a high amount of revenue from the trading companies in comparison to oil and gas companies which accounted for a higher revenue share in other countries such as UAE and Saudi Arabia.
The announcement of the Red Sea Bridge joining Saudi Arabia and Egypt has provided hopes for the car rental market in the Egypt since a large portion of the car rental business especially the leasing segment is derived by the trading companies. The bridge connecting Saudi Arabia with Egypt will boost trade as the two countries signed 17 agreements to enhance bilateral ties. Thus by connecting the two countries, two continents are joined i.e. Asia and Africa; this will bolster the trade between the two continents through Egypt and Saudi and hence provide an impetus to the car rental market in the country. Projection for the future suggests that the market for car rental is expected to witness promising growth
Key Topics Covered in the Report:
Egypt Car Rental and Leasing Market

• Market Size by Revenue and Fleet Size
• Market Segmentation by
  • Business Segments
  • Chauffeur driven on airport or off airport
  • Booking method
  • Car trips
  • Major cities
  • Organized- unorganized
  • Car leasing by industry verticals, term of contract and car type
• Trends and Development
• Government Regulations
• Traveler’s Profile by age and gender
• Competition and Market Share
• Future Outlook
• Macro Economic Variables

Key Products Mentioned in the Report
Car Leasing
Short Term Car Rental
Chauffeur Driven Car Rental
Car Rental Companies Covered in the Report
Budget
Thrifty
Avis
Hertz
Sixt
Europcar
Eagle
Four Wheels

For more information on the report, refer to the below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-vehicle-leasing-market/42908-100.html  
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India Self Drive Car Rental Market Outlook to 2020 - Rising Customer Aspirations and Easy Availability of Renting Options to Boost Future Growth
Europe Car Rental Industry Analysis to 2017 - Latvia, Belgium and Ukraine to Stimulate the Market Growth
India Car Rental Market Outlook to 2019 - Rising Online Booking to Drive the Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Hertz Corporation, Thrifty, Europcar, Sixt and Avis Budget have been the leading players in the UAE car rental market in 2015. : Ken Research

Initially car rental market in UAE was driven by on-airport car rental services but with the rise in the number of business men and working Emiratis, there has been a rise in the number of number of long term car rentals in the country. The major operators in the industry have reduced car rental expenses, enhanced their fleet size and looked for opportunities in off-airport markets including insurance replacement, while others moved to enter into leisure segment of the market, which has been the possible growth driver of the industry , According to research analyst Ken Research .

Burj Khalifa, Dubai Museum, Bastakia, Sheikh- Saeedu Al- Maktoum House, Dubai Creek and others are some of the prevalent tourist gathering places throughout the year. This has resulted in difficulties in getting a cab to tour the entire place. Car rental market in UAE is mature with majority of the firms operating on “Competitive Pricing” strategy. Firms such as Hertz, Avis Hala, Budget, Europcar and others are one of the major players in UAE car rental market. Thus, the car rental facilities are increasingly being availed by outstation tourists in UAE which has presented an easy, less priced option to relish the trip to the country. Additionally, to ensure best travelling facilities, a large number of car rental companies, operating in UAE provide reasonable prices of rents and various other facilities.
According to research analyst Ken Research  The car rental industry in UAE is expected to grow at a robust pace due to an inclination of number of tourist arrivals in the country in future, rise in the number of facilities provided by the car rental services along with the increase in the number of car rental firms. Thus, overall UAE car rental industry, which has grown at a CAGR of 6.4% over the period 2010-2015, is expected to achieve higher growth in the coming years on account of higher migrant population growth and an inclination in the international tourist arrivals in the country with higher demand for self drive car rental market.
UAE has witnessed a surge in the number of jobs and working expats in the country that has led to the rise in the number of takers for car rental. In order to cater to the rise in the demand from travelers for car rental in the country, majority of the car rental firms in UAE have enhanced their fleet size. Projection for the future suggests that the market for car rental is expected to witness promising growth
Ken Research announced its latest publication on “UAE Car Rental and Leasing Market Forecast to 2020 – Demand from Work Expats and E-Bookings to Drive Growth” which provides a comprehensive analysis of the Car Rental Market in Middle East. The report covers various aspects such as market size of UAE car rental and leasing market on basis of revenues and fleet size, segmentation on the basis of Car Leasing, short term car rental and chauffeur driven car rental, on airport and off airport, regions, mode of booking, purpose of booking, and organizational structure for car rental market in UAE, car leasing market size and segmentation by industry verticals, term of contracts and vehicle type for car leasing market in UAE. The report is useful for industry consultants and analysts, car rental companies and new players venturing in the market, According to research analyst Ken Research.
Key Topics Covered in the Report:
UAE Car Rental and Leasing Market

• Market Size by Revenue and Fleet Size
• Market Segmentation by
  • Business Segments
  • Chauffeur driven on airport or off airport
  • Booking method
  • Car trips
  • Major cities
  • Organized- unorganized
  • Car leasing by industry verticals, term of contract and car type
• Trends and Development
• Government Regulations
• Traveler’s Profile by age and gender
• Competition and Market Share
• Future Outlook
• Macro Economic Variables

Key Products Mentioned in the Report
Car Leasing
Short Term Car Rental
Chauffeur Driven Car Rental
Companies Covered in the Report
Budget
Thrifty
Avis
Hertz
Sixt
Europcar
Diamond Lease
Auto Rent
Patriot Rent a Car
Super Price Rent a Car

For more information on the report, refer to the below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-car-rental-leasing-market/42906-100.html
Related Reports:

India Self Drive Car Rental Market Outlook to 2020 - Rising Customer Aspirations and Easy Availability of Renting Options to Boost Future Growth
Europe Car Rental Industry Analysis to 2017 - Latvia, Belgium and Ukraine to Stimulate the Market Growth
Middle East Car Rental and Leasing Market Forecast to 2020 - Augmentation in Qatar and Oman along with Rise in Car Leasing to Stimulate Growth
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249