The turnover for renting and leasing of trucks in Germany has shown a consistent upward trend from 2013, reaching 2.73 billion euros in 2023. Growth has been marked by notable annual increases, particularly in 2017 and 2018, though the market experienced a dip in 2020 due to external factors likely related to the pandemic. The forecast indicates continued growth, with a projected turnover of 3.76 billion euros by 2028, signifying a projected 5.04% compound annual growth rate over the next five years.
The future of truck renting and leasing in Germany is likely to witness heightened demand driven by:
- Increased adoption of e-commerce and logistics services.
- Emerging environmental regulations pushing towards newer, greener fleets.
- Technological advancements in autonomous vehicles influencing fleet management.
