PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: BRICdata

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

BRICdata Publishes Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in South Korea - The growing volume of leisure and business passengers drove the demand for rental cars in South Korea - BRICdata.com
BRICdata Publishes Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in South Korea

 

NewswireToday - /newswire/ - London, Greater London, United Kingdom, 2012/04/03 - The growing volume of leisure and business passengers drove the demand for rental cars in South Korea - BRICdata.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Rental Services/Leasing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The South Korean car rental industry registered a CAGR of 8.41% during the review period and valued KRW9.8 trillion in 2011. Economic growth and government initiatives to increase tourism remain the key industry drivers for car rental industry in the country. The industry is projected to value KRW14.0 trillion by 2016, registering a CAGR of 7.30% over the forecast period. The South Korean car rental industry was primarily driven by the rising volume of leisure and business tourists. Leisure tourist volumes increased from 90.8 million in 2007 to 114.0 million in 2011, registering a CAGR of 5.85% during the review period.

Key highlights of this title
• The car rental industry in South Korea registered a CAGR of 8.41% during the review period, and valued KRW9.8 trillion in 2011. The industry is projected to value KRW14.0 trillion by 2016 and record a CAGR of 7.30% over the forecast period (2012–2016).
• The growing volume of leisure and business passengers drove the demand for rental cars in South Korea.
• Marketing and sales strategies plays key role in differentiating the service offerings in South Korea.
• Companies are entering into mergers and acquisitions (M&As) in order to broaden their market presence and expand their market shares.
• As a part of their marketing strategy, rental companies are building alliances and partnerships with leading airlines to aid loyalty programs.
• Franchise and licensing models have been proven to be a key expansion strategy in the South Korean car rental industry.

Scope
• This report provides an extensive analysis of the car rental industry in South Korea
• It details historical values of the car rental market in South Korea for 2007–2011, along with forecast figures for 2012–2016.
• It offers detailed analysis of the factors driving the growth of car rentals, and the key emerging trends in South Korea.
• The report details the key trends, regulatory environment, market entry strategies and marketing and growth strategies in South Korea.
• It provides key companies operating in car rental industry in South Korea.

• Take strategic business decisions using top-level historic and forecast market data related to the car rental industry in South Korea and each sector within it.
• Understand the demand and supply-side dynamics within the car rental industry, along with key market trends and growth opportunities.
• Assess the competitive landscape in the car rental industry in South Korea, and formulate effective market-entry strategies.
• Identify the growth opportunities and industry dynamics within the car rental industry.

Product code: TT0014MR

BRICdata (bricdata.com) specializes in the provision of strategic intelligence on emerging markets that helps suppliers in developed markets identify, pursue and achieve growth opportunities.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Rental Services/Leasing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: BRICdata

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Rental Services/Leasing articles,
CATCH Visitors via Your Competitors Announcements!


BRICdata Publishes Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in South Korea

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: BRICdata.com 
+44(0)20 7406 6596 tarun.bisht[.]digitalinsightresearch.in
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BRICdata securities in any jurisdiction including any other companies listed or named in this release.

Rental Services/Leasing via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From BRICdata / Company Profile


Read Rental Services/Leasing Most Recent Related Newswires:

Zipcar Officially Launches in Breckenridge, Colorado
GE Capital Aviation Services Delivers First Airbus A320neo to Brazil’s Azul
GECAS’ Cargo Aircraft Group Announces its First 737-800NG Passenger-to-Freighter Conversion Placement with ASL Aviation Group
GECAS’ Cargo Aircraft Group Signs Purchase-and-Leaseback Deal with Korean Air for Five New Boeing 777Fs
Zipcar Officially Launches in East Point, Georgia
Zipcar and Yakima Partner to Deliver Outdoor Adventure to Urban Dwellers
GE Capital Aviation Services Delivers First of Six Leased Boeing 777-300ERs to EVA Air
Zen Business Center Opens Virtual Office in Delhi
Azoth Analytics Releases 2016-2021 Asia Pacific Business Jet Rental Market Report
Zipcar to Launch its First Floating Car-sharing Service in Brussels
GECAS’ Cargo Aircraft Group Underway with First 737-800NG Passenger-to-Freighter Conversion
Zipcar Officially Launches in Tampa, Florida
Zipcar Officially Launches in Ferndale, Michigan
Azoth Analytics Releases 2016-2021 India Car Rental Market Report
Zipcar Officially Launches in Huntsville, Alabama

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)