Spain Car Rental Market Size & Outlook, 2024-2030

The car rental market in Spain is expected to reach a projected revenue of US$ 6,731.5 million by 2030. A compound annual growth rate of 10.3% is expected of Spain car rental market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,665.4
Forecast, 2030 (US$M)
$6,731.5
CAGR, 2025 - 2030
10.3%
Report Coverage
Spain

Spain car rental market highlights

  • The Spain car rental market generated a revenue of USD 3,665.4 million in 2024 and is expected to reach USD 6,731.5 million by 2030.
  • The Spain market is expected to grow at a CAGR of 10.3% from 2025 to 2030.
  • In terms of segment, economy cars was the largest revenue generating vehicle type in 2024.
  • Executive cars is the most lucrative vehicle type segment registering the fastest growth during the forecast period.


Car rental market data book summary

Market revenue in 2024USD 3,665.4 million
Market revenue in 2030USD 6,731.5 million
Growth rate10.3% (CAGR from 2025 to 2030)
Largest segmentEconomy cars
Fastest growing segmentExecutive cars
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLuxury cars, Executive cars, Economy cars, SUVs, MUVs
Key market players worldwideAvis Budget Group Inc, Carzonrent India Pvt. Ltd., Eco Rent A Car, Eurazeo SE, Localiza Rent A Car SA ADR, Hertz Global Holdings Inc Ordinary Shares (New), Sixt SE, AVR Van Rental, Enterprise Holdings


Other key industry trends

  • In terms of revenue, Spain accounted for 2.4% of the global car rental market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany car rental market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 13,663.7 million by 2030.

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Car Rental Market Companies

Name Profile # Employees HQ Website

Spain car rental market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to car rental market will help companies and investors design strategic landscapes.


Economy cars was the largest segment with a revenue share of 36.51% in 2024. Horizon Databook has segmented the Spain car rental market based on luxury cars, executive cars, economy cars, suvs, muvs covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Spain car rental market databook

  • Our clientele includes a mix of car rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Spain car rental market , including forecasts for subscribers. This country databook contains high-level insights into Spain car rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain car rental market size, by vehicle type, 2018-2030 (US$M)

Spain Car Rental Market Outlook Share, 2024 & 2030 (US$M)

Spain car rental market size, by vehicle type, 2018-2030 (US$M)

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