How big is the Indonesia Car Rental Market?

The Indonesia Car Rental Market size is expected to reach USD 0.74 billion in 2024 and grow at a CAGR of 16.30% to reach USD 1.65 billion by 2029. Read More

What is the current Indonesia Car Rental Market size?

In 2024, the Indonesia Car Rental Market size is expected to reach USD 0.74 billion. Read More

Who are the key players in Indonesia Car Rental Market?

TRAC - Astra Rent A Car, Adi Sarana Armada Tbk, Indorent (PT Indomobil Multi Jasa), Blue Bird Group and Avis Budget Group are the major companies operating in the Indonesia Car Rental Market. Read More

What years does this Indonesia Car Rental Market cover, and what was the market size in 2023?

In 2023, the Indonesia Car Rental Market size was estimated at USD 0.62 billion. The report covers the Indonesia Car Rental Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Car Rental Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the market trends in the Indonesia Car Rental Industry?

Current trends in the Indonesia Car Rental Industry are a) Shift towards eco-friendly vehicles b) Introduction of flexible rental plans c) Partnerships with airlines and hotels Read More

Car Rental Market in Indonesia - Share, Outlook & Companies

Car Rental Market in Indonesia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Indonesian Car Rental Market Report is Segmented by Booking Type (Online and Offline), Rental Duration Type (Short and Long-Term), and Application Type (Tourism and Commuting). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Indonesia Car Rental Indusrty Overview

Indonesia includes the largest car rental market in Southeast 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 presence.

Sumitomo Mitsui Auto Service Company (SMAS) and Sumitomo Corporation jointly established a new entity, PT. SMAS Mobility Indonesia (SMI) provides vehicle rental and fleet management services in Indonesia. With Kei Sato and Masayuki Hyodo at the helm, the new company began operations on December 1, 2023, offering both short-term and long-term rental solutions to cater to the growing demand in the Indonesian market.
Grab's innovative car rental program, which was launched in January 2024 in Indonesia, provides drivers with a flexible pathway to owning a vehicle, offering a unique opportunity for drivers to achieve car ownership with unparalleled flexibility and convenience.