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The Philippine Auto Leasing and Car Rental Market, Forecast to 2022
The Philippine Market is Expected to Grow at a CAGR of 14% Over the Next 5 Years
15-Nov-2018
Asia Pacific
Market Research
9AB2-00-C6-00-00
AU01732-AP-MR_22550
$1,500.00
Special Price $1,125.00 save 25 %
This RS offers a detailed assessment of the Philippine auto leasing and car rental market during 2017 to 2022. This market has a very complex structure with the presence of banks, financing/leasing companies backed by OEMs as well as pure-play leasing and rental companies. Low awareness of auto leasing and the popularity of auto finance are the key reasons behind low penetration of auto leasing in the Phillipines. This research service offers an analytical overview of the Philippine automotive market, an overview of the Philippine auto leasing and car rental market, key market participants, key drivers and restraints and market forecasts for 2018-2022. The Philippines is the third most promising market in Southeast Asia, after Indonesia and Thailand. Several international players such as Orix, Hertz, and Avis have a presence in this country. The key driving factors of the market are: a planned increase in the fleet size of market participants, growing economy, growth in popularity of car benefit programs and growth in construction, farming, and tourism sectors. However, the market faces challenges, such as high competition, low airport business, and a decline in automotive sales.
Research Scope
This research service aims to present an overview of the current and future trends and developments in the auto leasing and car rental market in the Philippines from 2017 to 2022. This includes:
- Overview of Philippine auto leasing and car rental market, including size and split, classification of companies, product and customer segmentation and market shares of key companies
- Key market participants and their profiles including company overview and key takeaways
- Split of fleet between auto leasing and car rental and split of fleet between auto leasing by customer type
- Product offerings of key market participants
- Analysis of the key drivers and restraints for the period of 2018-2022
- Market forecasts for the period from 2018 to 2022
Key Issues Addressed
- What is the current status, trends, and developments in the auto leasing and car rental market in the Philippines?
- Which are the significant players in the industry and what are their profiles, fleet details, and activities?
- What is the competitive structure of the industry, including the number and type of competitors and market shares?
- What are the product offerings of the various market participants in the auto leasing and car rental market?
- What are the key challenges and restraints affecting the market and what are the key growth driving factors?
- What is the likely future fleet size scenario for the auto leasing and car rental market in the Philippines?
Author: Animesh Kumar
Summary of Key Findings
Key Findings
Executive Summary—The Philippine Auto Leasing and Car Rental Market Size and Split
Executive Summary—Key International Players1 in Philippines
Executive Summary—Key Market Participants and Product Offerings
Executive Summary—Split of Fleet between Auto Leasing and Car Rental
Executive Summary—Split of Auto Leasing Fleet by Customer Type
Research Scope and Methodology
Research Aims and Objectives
Key Questions this Study will Answer
Research Background
Research Methodology
Key Companies Discussed in this Study
The Philippine Automotive Market—Macroeconomic Outlook
The Philippine Automotive Market—Total Industry Volume (TIV)
The Philippine Automotive Market—Market Share
The Philippine Auto Leasing and Car Rental Market—Size and Split
Classification of Companies in Auto Leasing and Car Rental
The Philippine Auto Leasing Market—Product Segmentation
The Philippine AL1 and CR2 Market—Customer Segmentation
The Philippine Auto Leasing Market—Vehicle Type
The Philippine AL1 and CR2 Market—Fleet of Key3 Market Participants
The Philippine AL1 and CR2 Market—Key International Players
ORIX Metro Leasing and Finance Corporation
Bank of the Philippine Islands (BPI) Leasing
Toyota Financial Services Philippines Corporation
BDO (Banco de Oro) Leasing and Finance Inc.
AVIS Philippines
Alamo Transport Leasing Services Inc.
Safari Rent A Car Inc.
Hertz Philippines Rent a Car
Europcar Philippines
Key Market Participants—Split of Fleet Between Auto Leasing and Car Rental
Key Players—Split of Auto Leasing Fleet by Customer Type
Key Market Participants—Product Offerings (Financial Lease and Operating Lease)
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Market Forecast—Scenario Analysis
AL1 and CR2 Potential—Philippines vis-à-vis Key Markets in ASEAN
Growth Opportunity 1—Opportunities for a New Entrant
Growth Opportunity 2—Awareness Regarding Auto Leasing
Growth Opportunity 3—Partner with eHailing Companies
Strategic Imperatives for Success and Growth
Summary of Findings
3 Big Predictions
Legal Disclaimer
Glossary
List of Exhibits
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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Research Scope
This research service aims to present an overview of the current and future trends and developments in the auto leasing and car rental market in the Philippines from 2017 to 2022. This includes:
- Overview of Philippine auto leasing and car rental market, including size and split, classification of companies, product and customer segmentation and market shares of key companies
- Key market participants and their profiles including company overview and key takeaways
- Split of fleet between auto leasing and car rental and split of fleet between auto leasing by customer type
- Product offerings of key market participants
- Analysis of the key drivers and restraints for the period of 2018-202
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Animesh Kumar |
| Industries | Automotive |
| WIP Number | 9AB2-00-C6-00-00 |
| Is Prebook | No |
| GPS Codes | 9673-A6,9800-A6,9832-A6,9AF6-A6 |
