In 2023, France led the European wages and salaries in the renting and leasing sector with significant growth of 4.27%, followed by Germany and the United Kingdom. Italy and Slovakia showed remarkable year-on-year increases of 10.05% and 23.34% respectively, indicating expanding market dynamics. Conversely, Denmark, Ireland, Norway, and Finland experienced declines. Notably, Romania and Lithuania demonstrated substantial growth, suggesting emerging markets.
Looking towards 2024 and beyond, watch for:
- Growth momentum in emerging markets like Slovakia, Romania, and Lithuania potentially reshaping the European landscape.
- Potential volatility in traditional markets due to economic shifts or policy changes impacting sectors like renting and leasing.
- Technological advancements influencing market dynamics and operational efficiencies.
Top countries in Wages and Salaries of Renting, Leasing of Personal and Household Goods Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 39.66 | 2023 | +9.43% | +4.27% | View data |
| 2 | 2 Germany | 24.03 | 2023 | +3.77% | +3.55% | View data |
| 3 | 3 United Kingdom | 9.72 | 2023 | +0.92% | +0.77% | View data |
| 4 | 4 Netherlands | 6.94 | 2023 | +2.29% | +2.31% | View data |
| 5 | 5 Italy | 3.22 | 2023 | +17.75% | +10.05% | View data |
| 6 | 6 Spain | 3.14 | 2023 | +13.83% | +5.03% | View data |
| 7 | 7 Switzerland | 2.34 | 2023 | +8.32% | +2.45% | View data |
| 8 | 8 Belgium | 2.09 | 2023 | +6.32% | +4.83% | View data |
| 9 | 9 Austria | 1.78 | 2023 | +5.26% | +2.76% | View data |
| 10 | 10 Slovakia | 1.26 | 2023 | +16.39% | +23.34% | View data |
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