Market Share of ASEAN Car Rental Industry
The ASEAN Car Rental Market is hugely fragmented, with various startups and regional players such as Avis Budget Group, Sixt SE, Tribe Car Pte. Ltd., Blue Bird Group, etc. Although to have the edge over their competitors, the major rental companies are making joint ventures and partnerships to launch newer products. For instance, in June 2022, MPMX and CARRO signed a strategic partnership to provide Indonesia with a fully integrated online and offline automotive ecosystem. With this investment, MPMX, Indonesia's leading automotive, transportation, and mobility group, and CARRO, Southeast Asia's largest and fastest-growing automotive marketplace, will begin a partnership to offer Indonesian consumers an end-to-end ecosystem that includes an online marketplace, financing, rental, repair, and aftersales.
ASEAN Car Rental Market Leaders
Avis Budget Group
Sixt SE
Tribe Car Pte. Ltd.
Blue Bird Group
INDORENT
*Disclaimer: Major Players sorted in no particular order
