Market Insights Mobility Shared Mobility

Car-sharing - Netherlands

Netherlands

The Car-sharing market in the Netherlands is expected to attain a revenue of €131.90m by 2024.
Further, the revenue is projected to grow annually at a rate of 2.97% from 2024 to 2029, resulting in a market volume projection of €152.70m by 2029.
The number of users in the Car-sharing market is anticipated to reach 0.69m users by 2029.
The user penetration rate is expected to increase from 3.5% in 2024 to 3.9% by 2029.
The Average Revenue Per User (ARPU) is predicted to be €210.40.
Additionally, it is estimated that 97% of the total revenue in the Car-sharing market will be generated through online sales by 2029.
Notably, in a global comparison, United States is expected to generate the most revenue amounting to €2,769m by 2024.
The Netherlands' Car-sharing market is thriving due to the country's high population density and government support for sustainable transportation.

Key regions: Europe, Germany, India, United States, Malaysia

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Analyst Opinion

The Car-sharing market in Netherlands has been experiencing significant growth in recent years, driven by changing customer preferences and the introduction of new technologies.

Customer preferences: In Netherlands, there is a growing preference for more sustainable and cost-effective transportation options. Car-sharing provides an attractive alternative to car ownership, allowing individuals to access a vehicle when needed without the associated costs and responsibilities. This is particularly appealing to younger generations who prioritize convenience and flexibility over car ownership. Additionally, the increasing urbanization in Netherlands has led to a rise in demand for shared mobility solutions, as people seek efficient and convenient ways to navigate crowded cities.

Trends in the market: One of the key trends in the Car-sharing market in Netherlands is the emergence of new business models and technologies. Traditional car rental companies are now offering car-sharing services, allowing customers to rent vehicles for shorter periods of time. Furthermore, the rise of ride-hailing platforms has also contributed to the growth of car-sharing, as these platforms often integrate car-sharing options within their apps. This convergence of different mobility services has created a more seamless and integrated experience for customers. Another trend in the market is the increasing adoption of electric vehicles (EVs) in car-sharing fleets. Netherlands has been at the forefront of the EV revolution, with a strong focus on sustainability and reducing carbon emissions. Car-sharing companies are capitalizing on this trend by incorporating EVs into their fleets, providing customers with a greener and more environmentally friendly transportation option. The government's support for EV adoption through incentives and infrastructure development has further accelerated this trend.

Local special circumstances: Netherlands has a well-developed public transportation system, with extensive networks of trains, trams, and buses. This, coupled with the country's compact size, makes it easier for people to rely on public transportation for their daily commute. However, there are still situations where having access to a car is necessary, such as for longer trips or when carrying heavy items. Car-sharing fills this gap by providing a convenient and flexible solution for those occasional car needs.

Underlying macroeconomic factors: The Car-sharing market in Netherlands is also influenced by macroeconomic factors such as population growth, urbanization, and income levels. As the population continues to grow and more people move to urban areas, the demand for car-sharing services is expected to increase. Additionally, the rising disposable income levels in Netherlands have made car-sharing more affordable and accessible to a larger segment of the population. In conclusion, the Car-sharing market in Netherlands is experiencing growth due to changing customer preferences, the adoption of new technologies, and the country's unique circumstances. The shift towards more sustainable and cost-effective transportation options, the emergence of new business models, and the increasing adoption of EVs are all contributing to the expansion of the car-sharing market in Netherlands.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of car-sharing services.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.