Car Leasing Companies in Saudi Arabia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Car Leasing Companies in Saudi Arabia Report is Segmented by Duration (Short-Term Leasing and Long-Term Leasing), Vehicle Type (Economy/Budget and Premium/Luxury), Body Type (Hatchback, Sedan, and Multi Utility Vehicle and Sports Utility Vehicle), and Booking Type (Online and Offline). The Report Offers Market Size and Forecasts for all the Above Segments in Terms of Value (USD).

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Car Leasing Companies in Saudi Arabia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Saudi Arabia Car Rental And Leasing Industry Overview

The Saudi Arabian car rental and leasing market is fragmented, with most of the market share held by multinational companies such as Lumi Car Rentals, SFL, Theeb Rent a Car, Hertz Corporation, Hanco Automotive, Sixt SE, and Key Car Rental.

The key players in the car leasing market are actively engaged in forming partnerships, mergers, acquisitions, and strategic collaboration to enhance their market presence and market share in Saudi Arabia. For instance,

• In November 2022, Samaco Automotive, the official Audi dealer in Saudi Arabia, signed a contract with mobility service provider Sixt Rent a Car to supply Audi e-tron vehicles beginning in 2022. The all-electric vehicles will be added to the company's fleet and made available to customers.

Saudi Arabia Car Rental And Leasing Market Leaders

  1. Hertz Corporation

  2. Hanco Automotive

  3. Budget Rent a Car

  4. Theeb Rent A Car

  5. Lumi Car Rentals

  6. *Disclaimer: Major Players sorted in no particular order
Saudi Arabia Car Rental And Leasing Market Concentration