Indonesia Car Rental Market Share

Market Share of Indonesia Car Rental Industry

Indonesia includes the largest car rental market in South East Asia. However, the market remains consolidated, and the major players account for more than 76% of the market. The remaining market comprises organized players, including financial institutions with licensed businesses and thousands of small local operators with small fleet sizes and a presence.

Players are partnering with other companies to have an edge in the competition. 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 most prominent and fastest-growing automotive marketplace, will begin a partnership to offer Indonesian consumers an end-to-end ecosystem. It includes an online marketplace, financing, rental, repair, and aftersales.

Indonesia Car Rental Market Leaders

1. TRAC - Astra Rent A Car

2. Adi Sarana Armada Tbk

3. Indorent (PT Indomobil Multi Jasa)

4. Blue Bird Group

5. Avis Budget Group

*Disclaimer: Major Players sorted in no particular order