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Car Rental in Tennessee

Author.Name IBISWorld United States Last Updated: August 2025 NAICS TN53211

Car Rental in Tennessee industry analysis

The Car Rental industry in Tennessee is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Car Rental in Tennessee Market Research Report

What’s Included in the Car Rental in Tennessee Market Research Report

Definition of the Car Rental in Tennessee?

Operators rent or lease passenger cars to customers. Car rentals typically last a short time (30 days or fewer) while leasing agreements last longer (12 months or more). This industry excludes the rental or leasing of cars with drivers or trucks.

What’s included in the Car Rental in Tennessee?

The Car Rental in Tennessee includes leisure car rental, business car rental, car leasing and car sharing. Related terms covered in the Car Rental in Tennessee industry report includes the market for car rental services at or near airports, which is made up almost entirely of air travelers and historically is the industry's primary market, a very short-term car rental where customers pay an annual fee plus hourly rental rate to rent cars from specified locations in participating cities, an agreement between car rental companies and airports specifying how many counters a rental company can operate at an airport, the market for car rental services away from airports, usually in cities, suburbs or rural areas, which includes car sharing and insurance replacements and a value car rental companies receive when they sell a rental car back to a car manufacturer or a car wholesaler.

Industry Performance of the Car Rental industry in Tennessee

Benchmark the Car Rental in Tennessee industry performance with all TN county and national performance.

Car Rental in Tennessee

#22 in Highest Revenue 1.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Car Rental in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Car Rental industry in Tennessee

See how key industry drivers, such as unemployment rate, house price index, per capita disposable income, domestic trips by us residents, per capita disposable income and demand from airport operations are impacting Car Rental in Tennessee

Tennessee Economic Indicators

Unemployment Rate
House Price Index
Per Capita Disposable Income

View more economic information in TN State Economic profile

US Key External Drivers

Domestic trips by US residents
Per capita disposable income
Demand from airport operations

For the full list of industry drivers, see report purchase options.

County Data of the Car Rental industry in Tennessee

Access proprietary data on county in the Car Rental in Tennessee, such as Davidson County, Shelby County and Williamson County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Car Rental industry in Tennessee

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Car Rental industry in Tennessee in 2025?

The market size of the Car Rental industry in Tennessee is $996.3m in 2025.

How many businesses are there in the Car Rental industry in Tennessee in 2025?

There are 217 businesses in the Car Rental industry in Tennessee, which has been growing at an average annual rate of 0.5% from 2020 to 2025.

Has the Car Rental industry in Tennessee grown or declined over the past 5 years?

The market size of the Car Rental industry in Tennessee has been growing at an average annual rate of 7.8% from 2020 to 2025.

How many employees in the Car Rental industry in Tennessee in 2025?

There are 1,738 employees in the Car Rental industry in Tennessee, which has been declining at an average annual rate of -2.5% from 2020 to 2025.