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Procurement

COVID-19 Impact and Recovery Analysis | Car Rental Services Procurement Intelligence Report Forecasts over USD $ 45 billion Spend Growth | SpendEdge | Business

LONDON–(BUSINESS WIRE)–Nov 17, 2020–

The global car rental services is poised to experience spend growth of more than USD $ 45 billion between 2024 at a CAGR of over 8.96%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages.

SpendEdge has announced the release of its Global Car Rental Services Market Procurement Intelligence Report (Graphic: Business Wire)

Read the 120 pages research report with TOC and LOE on “The Global Car Rental Services Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”

SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our car rental services procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights in the best procurement practices to mitigate losses.

Insights into the Market Price Trends

  • Raw material prices account for a significant portion of suppliers’ OPEX. Any increase in these prices leads to a substantial increase in suppliers’ OPEX which will have a direct impact on buyers Car Rental Services procurement price.
  • The increase in minimum wages across countries and expectations for a better lifestyle will compel suppliers to increase their compensations for employees. While this will increase suppliers’ OPEX, this will have an inflationary impact on buyers’ car rental services procurement expenditure.

Insights into strategies that will help buyers optimize their procurement spend

  • This will aid buyers to optimize their car rental services procurement budget.
  • This will aid buyers to minimize their expenditure on car rental services procurement.

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment Subscribe Now for Free.

Some of the top Car Rental Services suppliers enlisted in this report

This car rental services procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Hertz Global Holdings Inc.
  • SIXT SE
  • Europcar Mobility Group SA
  • Localiza Rent a Car SA
  • Enterprise Holdings Inc.
  • Avis Budget Group Inc.
  • Midway Car Rental
  • Silvercar Inc.
  • Advantage OPCO LLC
  • Fox Rent A Car Inc.

Category Pricing Insights

Cost-saving Opportunities

Category Management Strategy

Category Management Enablers

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more , https://www.spendedge.com/request-for-demo?

INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE TRANSPORT OTHER TRAVEL TRAVEL OTHER TRANSPORT

Copyright Business Wire 2020.

PUB: 11/17/2020 09:46 AM/DISC: 11/17/2020 09:46 AM

Copyright Business Wire 2020.

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