![]() Overview and Genesis of Car Rental Market in Philippines.Venture Capitalist targeting the car rental market.Government Bodies & Regulating Authorities.Ĝar Rental Companies aiming to establish in the Philippines.Visit this Link :- Request for custom report ![]() The Philippines Car Rental Market is expected to grow at robust CAGR over the forecasted period 2022P -2027F. In the upcoming years, it is predicted to expand more rapidly due to increased internet penetration and the adoption of smartphones. With this people has been spending more than earlier on renting cars.Īnalysts at Ken Research in their latest publication "Philippines Car Rental Market Outlook to 2027F - Driven by the increase in tourism and business activities along with deeper internet penetration and adoption of digital services." observed that the Philippines car sharing market is expected to showcase considerable growth in the coming five years. Increase in Disposable Income: With an increase in disposable income of people from the previous year, the paying capacity of people have increased. With the removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years. Along with that, offices were operating remotely, hence there was not much demand in the market. Interested to Know More about this Report, Request for a sample reportĭemand from Tourist Activities: With the travel restrictions and safety concerns, the tourist movement completely stopped.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |