In 2023, the number of enterprises in the European renting and leasing car sector varied, with France leading at approximately 8.26 thousand. Spain and Germany followed, with downturns observed in Germany (-0.041%). Romania showed the highest growth (+12.94%), indicating emerging opportunities. Noteworthy year-on-year increases occurred in Poland (+4.82%), Italy (+4.15%), and Hungary (+7.51%). Alternatively, a decline was noted in Bulgaria (-0.33%) and Latvia (-0.88%).
Future trends to watch include:
- Increased growth in Eastern European countries like Romania and Hungary as market dynamics shift.
- Potential market saturation in Western Europe with slower growth or stabilization in countries like Germany and France.
- Technological advancements and sustainability initiatives reshaping service offerings and business models across Europe.
Top countries in Number of Enterprises of Renting and Leasing of Cars and Light Motor Vehicles by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 8,260 | 2023 | +1.88% | +0.56% | View data |
| 2 | 2 Spain | 4,090 | 2023 | +1.21% | +0.6% | View data |
| 3 | 3 Germany | 3,860 | 2023 | +5% | -0.041% | View data |
| 4 | 4 United Kingdom | 3,650 | 2023 | +1.08% | +1.06% | View data |
| 5 | 5 Poland | 3,470 | 2023 | +5.86% | +4.82% | View data |
| 6 | 6 Italy | 3,050 | 2023 | +3.39% | +4.15% | View data |
| 7 | 7 Greece | 2,150 | 2023 | +3.22% | +4.17% | View data |
| 8 | 8 Hungary | 1,840 | 2023 | +5.87% | +7.51% | View data |
| 9 | 9 Romania | 1,710 | 2023 | +7.9% | +12.94% | View data |
| 10 | 10 Bulgaria | 1,670 | 2023 | -1.3% | -0.33% | View data |
