The internal tourism consumption of transport equipment rental services in France stood at 8.61 Billion Euros in 2023. From 2013 to 2022, there was a consistent upward trend, with notable spikes in 2019 and a significant growth slowdown in 2020. Year-on-year variation showed fluctuations, with the highest leap in 2019 at 116.64% and the lowest dip in 2020 at -6.9%. The last 5 years exhibit an average growth rate (CAGR) of 26.33%, illustrating a robust upward momentum.
Future trends to watch for:
- Continued strong growth predicted, with a 7.16% CAGR forecasted until 2028.
- Market expansion by 41.3% over the next five years.
- Potential impacts from global events, technological advancements, and evolving travel preferences on transport rental services.
