In 2023, the number of persons employed in the Renting and Leasing of Motor Vehicles Sector in Brazil was 78.43 thousand employees. The forecast from 2024 to 2028 indicates a steady growth trend. The employment is expected to reach 84.71 thousand by 2028, with a year-on-year increase of around 1.63% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years is approximately 1.53%.

Future trends to watch for:

Technological advancements influencing the sector, such as the adoption of electric vehicles.
Evolving consumer preferences towards short-term leasing versus ownership.
Regulatory changes that could impact operational costs or fleet management strategies.