The gross investment in the renting and leasing of motor vehicles sector in the UK, valued at 14.6 billion pounds in 2024, is forecasted to grow steadily over the next five years, reaching 16.16 billion pounds by 2028.
- Year-on-year growth from 2024 to 2025 is anticipated at 2.74%, with a similar growth trend projected for subsequent years.
- The five-year compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 2.51%, highlighting a moderate yet consistent upward trajectory.
Future trends to watch for include the increasing adoption of electric vehicles, shifts in consumer leasing preferences, and the impact of governmental regulations aimed at promoting environmentally sustainable transportation options, which could significantly influence growth dynamics in this sector. Additionally, economic factors such as interest rates and inflation could impact leasing and investment levels.
