AP NEWS

Philippine Auto Leasing and Car Rental Market Forecast, 2017-2022 - ResearchAndMarkets.com

December 4, 2018

DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “The Philippine Auto Leasing and Car Rental Market, Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.

This report offers a detailed assessment of the Philippine auto leasing and car rental market during 2017 to 2022

This market has a very complex structure with the presence of banks, financing/leasing companies backed by OEMs as well as pure-play leasing and rental companies. Low awareness of auto leasing and the popularity of auto finance are the key reasons behind low penetration of auto leasing in the Philippines.

This research service offers an analytical overview of the Philippine automotive market, an overview of the Philippine auto leasing and car rental market, key market participants, key drivers and restraints and market forecasts for 2018-2022. The Philippines is the third most promising market in Southeast Asia, after Indonesia and Thailand.

Several international players such as Orix, Hertz, and Avis have a presence in this country. The key driving factors of the market are: a planned increase in the fleet size of market participants, growing economy, growth in popularity of car benefit programs and growth in construction, farming, and tourism sectors. However, the market faces challenges, such as high competition, low airport business, and a decline in automotive sales.

Key Topics Covered:

1. Executive Summary

2. Research Scope, Objectives, Background, And Methodology

3. Overview Of The Philippine Automotive Market

4. Overview Of The Philippine Auto Leasing And Car Rental Market

5. Key Market Participants

6. Key Drivers And Restraints

7. Market Forecasts

8. Growth Opportunities And Companies To Action

9. The Last Word

10. Appendix

Companies Mentioned

AVIS Philippines Alamo Transport Leasing Services Inc. BDO (Banco de Oro) Leasing and Finance Inc. Bank of the Philippine Islands (BPI) Leasing Europcar Philippines Hertz Philippines Rent a Car Orix Safari Rent A Car Inc. Toyota Financial Services Philippines Corporation

For more information about this report visit https://www.researchandmarkets.com/research/9z28zh/philippine_auto?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005943/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Automotive Leasing and Rental

KEYWORD: ASIA PACIFIC PHILIPPINES

INDUSTRY KEYWORD: AUTOMOTIVE FLEET MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/04/2018 01:46 PM/DISC: 12/04/2018 01:46 PM

http://www.businesswire.com/news/home/20181204005943/en

AP RADIO
Update hourly