In the renting and leasing of cars and light motor vehicles sector in Germany, employment is expected to see steady growth from 2024 through 2028. With projected workforce numbers increasing from 46.47 thousand in 2024 to 57.37 thousand in 2028, this reflects a compound annual growth rate (CAGR) of approximately 5.39%. Year-over-year changes show a consistent upward trend, indicating a strong sector momentum post-2023.
Future trends to watch include technological advancements in vehicle rental services, shifting consumer preferences toward sustainable transportation options, and the potential impact of regulatory changes aimed at promoting the use of eco-friendly vehicles. The growing digitalization of services may also influence employment patterns in the industry.
