Forecast: Turnover of Renting and Leasing of Motor Vehicles in Poland

The turnover of renting and leasing motor vehicles in Poland has shown significant growth from 2013 to 2023, standing at 3.9 billion Euros in the year 2023. Over the past decade, the market experienced fluctuations with a notable dip in 2020. However, the CAGR over the last five years up to 2023 was robust at 10.52%, indicating consistent growth. The most significant year-on-year growth was in 2018 with a 44.08% increase. Post-2023, the market is projected to grow, though at a more modest CAGR of 5.05% over the next five years, reaching 5.44 billion Euros in 2028.

Future trends to watch for include:

  • Increased adoption of electric vehicles which may diversify leasing portfolios.
  • Technological advancements in vehicle telematics and fleet management systems.
  • Shifts in consumer behavior favoring subscription-based vehicle usage over traditional leasing.
  • Regulatory changes impacting fleet emissions and the push towards sustainable practices.

Top Countries about Car Rental