The Europe Car Rental Industry is Booming | News & Insights The Europe car rental market, valued at US$17.6 billion in 2024, is projected to grow to US$26.1 billion by 2031, reflecting a CAGR of 5.8% from 2024 to 2031. This growth follows a historical CAGR of 4.5% from 2019 to 2023. Europe's car rental sector, integral to the region's travel and tourism industry, caters to a wide range of consumers with both multinational and local operators. The...
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