Global Number of Employees in Rental and Leasing Services Share by Country (Thousand Units (Persons))

The United States remains the dominant player in global rental and leasing services, employing the most people, with slight year-on-year growth of 0.4% in 2023. The United Kingdom and South Korea follow, showing modest increases of 1.38% and 1.81%, respectively. Italy and Hungary lead in growth among European countries, with notable increases of 2.93% and 3.94%. On the contrary, Spain experienced a decline of 0.59%. Smaller markets like Estonia, Iceland, and Slovenia show steady growth, reflecting evolving market dynamics.

Future trends to monitor include the increasing digitization of rental and leasing services and changing consumer preferences towards flexible ownership models, which may influence employment patterns in the sector. Enhanced economic collaborations and environmental concerns could spearhead growth in innovative leasing solutions across various regions.