In 2023, Germany and France led European production volumes in rental and leasing services with values of 74.65 and 74.49 billion euros, respectively. Italy and the Netherlands followed with 19.58 and 17.59 billion euros. Belgium experienced notable growth with a 5.02% increase. Austria, Finland, and Estonia showed modest positive trends, while Greece saw a decline of 3.81%. Slovenia, though small in size, grew by 2.96%.
Future trends to watch include technological advancements driving efficiency and customer experience, growth in sustainable practices influencing demand, and the potential impact of economic fluctuations on service uptake across Europe.
Top countries in Production Volumes of Rental and Leasing Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 74,650 | 2023 | +1.23% | +2.24% | View data |
| 2 | 2 France | 74,490 | 2023 | +1.82% | +2.12% | View data |
| 3 | 3 Italy | 19,580 | 2023 | +1.92% | +1.89% | View data |
| 4 | 4 Netherlands | 17,590 | 2023 | +1.78% | +0.88% | View data |
| 5 | 5 Belgium | 14,870 | 2023 | +3.52% | +5.02% | View data |
| 6 | 6 Austria | 7,100 | 2023 | +1.48% | +1.47% | View data |
| 7 | 7 Finland | 2,630 | 2023 | +2.78% | +3.04% | View data |
| 8 | 8 Greece | 778.39 | 2023 | -1.56% | -3.81% | View data |
| 9 | 9 Estonia | 464.85 | 2023 | +2.36% | +2.27% | View data |
| 10 | 10 Slovenia | 179.82 | 2023 | +3.75% | +2.96% | View data |
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