The production value of renting and leasing of motor vehicles in Poland has shown a dynamic trend from 2013 to 2023, increasing from 1.11 billion Euros to 3.92 billion Euros. The sector experienced both significant growth and occasional downturns, with notable spikes in 2018 and 2021. Over the last two years, the market saw a robust recovery and growth following a dip in 2020 due to the pandemic, with a 22.13% increase in 2022 and a 17.25% rise in 2023. The average annual growth (CAGR) over the last five years is calculated at 10.08%.
Looking towards the future, the forecast from 2024 to 2028 predicts a steady rise with a CAGR of 6.8%, expecting the market value to grow by nearly 39% by 2028, reaching approximately 6.05 billion Euros. Key trends to watch for include the increasing demand for vehicle rentals due to changing consumer preferences and a shift towards more flexible transportation solutions. Emerging technologies like electric vehicles and ridesharing platforms are also expected to further influence the growth trajectory.
