Between 2016 and 2019, Internal Tourism Consumption of Transport Equipment Rental Services in Spain experienced moderate growth, peaking at 883.9 million euros in 2019. However, due to the COVID-19 pandemic, it drastically dropped by 70.72% in 2020. The market rebounded notably in 2021 with a recovery rate of 127.4%, and the positive trend continued in 2022 and 2023 with increases of 38.37% and 21.13% respectively. As of 2023, the value stood at 986.4 million euros, exhibiting strong recovery. Forecast for 2024 through 2028 indicates steady growth, reaching 1170 million euros by 2028, with a forecasted 5-year CAGR of 2.76%.

Future trends to watch for:

Post-pandemic recovery and a return to pre-2020 growth patterns.
The impact of sustainable tourism practices on transport equipment rentals.
Technological advancements and digital transformation in rental services.
Potential fluctuations due to economic conditions and international tourism flows.