In 2023, France led the European market for the number of enterprises involved in renting and leasing cars and light motor vehicles, followed by Spain and Germany. Notably, Romania showed the highest year-on-year growth, while Germany experienced a slight decrease. Other significant growth was observed in Poland, Italy, and Greece. Conversely, Latvia, Slovakia, and Bulgaria displayed declines.
Future trends to watch include the growing prominence of Eastern European countries, driven by increasing market opportunities and investments. Innovations in vehicle leasing models, digital transformation, and sustainability initiatives will also shape the market trajectory across Europe.
Top countries in Number of Enterprises of Renting and Leasing of Cars and Light Motor Vehicles Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 18.91 | 2023 | +1.88% | +0.56% | View data |
| 2 | 2 Spain | 9.37 | 2023 | +1.21% | +0.6% | View data |
| 3 | 3 Germany | 8.85 | 2023 | +5% | -0.041% | View data |
| 4 | 4 United Kingdom | 8.36 | 2023 | +1.08% | +1.06% | View data |
| 5 | 5 Poland | 7.94 | 2023 | +5.86% | +4.82% | View data |
| 6 | 6 Italy | 6.99 | 2023 | +3.39% | +4.15% | View data |
| 7 | 7 Greece | 4.92 | 2023 | +3.22% | +4.17% | View data |
| 8 | 8 Hungary | 4.22 | 2023 | +5.87% | +7.51% | View data |
| 9 | 9 Romania | 3.91 | 2023 | +7.9% | +12.94% | View data |
| 10 | 10 Bulgaria | 3.81 | 2023 | -1.3% | -0.33% | View data |
