The Market value of Car Rental segment of travelers on Leisure trips from Non-Airport location in United Kingdom, attained a value of USD 1,032.25 million in 2023
The indicator recorded a historical growth (CAGR) of 62% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Car rental in the United Kingdom
The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is made up of car rentals for business, leisure purposes and Insurance replacement.
Impact of COVID-19 in UK car rental sector
The UK car rental market has seen a decline in 2019 and 2020, but a particularly strong decline by a significant margin in 2020 as a result of the COVID-19 pandemic. However, strong growth is expected in the upcoming period as the market recovers.
Leisure attractions in the United Kingdom
The leisure attractions sector includes revenues generated by recreational attractions, such as museums, historical sites and similar institutions, and amusement parks and arcades.
The sector’s staggering decline in 2020 can be largely attributed to the COVID-19 pandemic which caused the temporary closure of many leisure attraction businesses. As leisure attractions and products are considered ‘nonessential’ business, the sector operated at a greatly reduced capacity. Additionally, the recessionary impacts of the pandemic caused demand to diminish further as consumers prioritized essential items over luxury spending. Furthermore, the threat of transmission of the virus may have deterred consumers, reducing demand further.
Category segmentation of Leisure attractions in the UK
Amusement parks and arcades are the largest segments of the leisure attractions sector in the United Kingdom, accounting for the largest share of the sector's total value.
The Museums & historical sites segment accounts for the second-largest share of the sector.
Geography segmentation of Leisure attractions in the UK
The United Kingdom accounts for the significant share of the global leisure attractions sector value.
The United States accounts for the largest share of the global sector.
Leading leisure attraction companies in the UK
Merlin Entertainments Ltd
Merlin Entertainments Ltd (Merlin), a subsidiary of Motion Acquisition Limited is an entertainment company. The company operates midway attractions and theme parks. Its midway attractions include indoor attractions in the city centers, shopping malls, and resorts. The company’s theme parks including LEGOLAND parks and resort theme parks offer outdoor attractions such as rides, accommodation, shows, and interactive experiences to teenagers, families, and young adults.
The Natural History Museum Trading Company Ltd.
The Natural History Museum Trading Company is engaged in carrying out the commercial activities of its parent, The Natural History Museum. Its activities include touring exhibitions, brand management and licensing, image resources, functions and banqueting, catering, retailing, wildlife photographer-of-the-year exhibition, animatronic model sales, and consultancy in scientific, museum development, and health and safety. The company operates in the UK, where it is headquartered in London.
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