In 2023, the US dominated the Rental and Leasing sector, leading with 956 million hours. Major players include Canada with 136.94 million hours, and Spain with 124.92 million hours. Countries like Ireland and Romania saw growth spikes, at 7.04% and 19.19% respectively, hinting at thriving local markets. Contrarily, the US and Canada observed mild declines, reflecting potential sector maturation. Over five years, global rental and leasing exhibited a consistent positive CAGR, with special growth observed in Eastern European countries.
Going forward, watch for digital transformation and sustainability efforts influencing this sector globally. Eastern Europe will likely continue spearheading growth, while mature markets may stabilize, focusing on innovation and service enhancements.
Top countries in Employees in Rental and Leasing Activities Sector by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 956 | 2023 | -1.04% | -1.88% | View data |
| 2 | 2 Canada | 136.94 | 2023 | -1.49% | -2.2% | View data |
| 3 | 3 Spain | 124.92 | 2023 | +10.74% | +4.01% | View data |
| 4 | 4 Italy | 76.98 | 2023 | +8.12% | +2.14% | View data |
| 5 | 5 Netherlands | 53.97 | 2023 | +1.49% | +0.23% | View data |
| 6 | 6 Sweden | 32.75 | 2023 | +1.74% | +1.82% | View data |
| 7 | 7 Poland | 30.5 | 2023 | +7.19% | +2.38% | View data |
| 8 | 8 Portugal | 24.55 | 2023 | +4.49% | +1.67% | View data |
| 9 | 9 Hungary | 21.62 | 2023 | +21.27% | +2.13% | View data |
| 10 | 10 Ireland | 21.28 | 2023 | +6.38% | +7.04% | View data |
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