In 2023, Italy led the European market with 641 enterprises in the renting and leasing of office machinery and equipment, showing a modest growth of 1.53%. Spain and the UK followed with 463 and 461 enterprises respectively, with Spain experiencing a significant year-on-year increase of 11.61%. Poland and Germany also demonstrated growth, whereas France saw a decline. Notably, Iceland and Serbia exhibited impressive expansions. Over a five-year horizon, overall trends indicate steady growth across various countries, with specific fluctuations.
Looking ahead, key trends to observe include technological advancements enhancing service efficiency and sustainability, and potential market consolidation in Western Europe. Growth opportunities appear strong in Eastern European markets due to expanding digital infrastructure needs. Monitoring regulatory changes will also be essential, as they may influence market dynamics across the continent.
Top countries in Number of Enterprises of Renting and Leasing of Office Machinery and Equipment by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 641 | 2023 | +1.26% | +1.53% | View data |
| 2 | 2 Spain | 463 | 2023 | +8.18% | +11.61% | View data |
| 3 | 3 United Kingdom | 461 | 2023 | +0.66% | +0.75% | View data |
| 4 | 4 Germany | 287 | 2023 | +0.35% | +2.96% | View data |
| 5 | 5 Poland | 260 | 2023 | +3.17% | +3.3% | View data |
| 6 | 6 France | 179 | 2023 | -7.5% | -1.25% | View data |
| 7 | 7 Belgium | 124 | 2023 | +6.9% | +6.15% | View data |
| 8 | 8 Hungary | 112 | 2023 | +0.9% | -0.7% | View data |
| 9 | 9 Bulgaria | 75 | 2023 | +7.14% | +6.4% | View data |
| 10 | 10 Netherlands | 73 | 2023 | 0% | +2.99% | View data |
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