The turnover for renting and leasing motor vehicles in Denmark has shown a steady upward trend. In 2023, it stood at €1930 million. From 2013 to 2023, the industry experienced consistent growth with a compound annual growth rate (CAGR) of approximately 10.94%. The past two years have seen year-on-year variations of 8.94% in 2022 and 7.94% in 2023, indicating a strong upward trajectory. Forecasted data suggests continued growth, projecting turnover to reach €2570 million by 2028, with a forecasted 5-year CAGR of 4.48% and an overall 24.49% growth rate over the forecasted period.

Future trends to watch for include:

The impact of electric and hybrid vehicle adoption on rental and leasing markets.
Potential regulatory changes affecting vehicle emissions and leasing terms.
Technological advancements in vehicle telematics and their integration into leasing services.
Consumer preferences shifting towards flexible, short-term vehicle usage patterns.