The European rental and leasing sector in 2023 experienced varied performances across countries. The Netherlands led with a significant 8.56% increase, marking a substantial presence in the market. Austria and Luxembourg also showed strong outputs, growing by 2.22% and 7.05%, respectively. Among smaller markets, Lithuania excelled with a notable 12.88% increase. In contrast, growth was more modest in countries like Slovakia (0.8%) and Estonia (0.061%). These figures indicate a dynamic sector with pockets of rapid expansion and areas of slower growth.
Future trends to watch include technological advancements in leasing services and the impact of economic conditions on consumer and business leasing demand. Regulatory changes and sustainability initiatives are likely to influence market dynamics, potentially driving growth in eco-friendly leasing solutions. Keeping an eye on these trends can provide valuable insights for stakeholders aiming to maximize opportunities in the European rental and leasing market.
Top countries in Rental and Leasing Activities Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 58.95 | 2023 | +5.36% | +8.56% | View data |
| 2 | 2 Austria | 17 | 2023 | +2.04% | +2.22% | View data |
| 3 | 3 Luxembourg | 6.57 | 2023 | +6.93% | +7.05% | View data |
| 4 | 4 Portugal | 5.86 | 2023 | +9.78% | +4.06% | View data |
| 5 | 5 Greece | 3.33 | 2023 | -4.53% | +8.87% | View data |
| 6 | 6 Lithuania | 2.74 | 2023 | +10.92% | +12.88% | View data |
| 7 | 7 Slovakia | 1.79 | 2023 | +8.13% | +0.8% | View data |
| 8 | 8 Malta | 1.21 | 2023 | +2.06% | +2.43% | View data |
| 9 | 9 Estonia | 1.1 | 2023 | +3.36% | +0.061% | View data |
| 10 | 10 Latvia | 1.02 | 2023 | +3.25% | +3.37% | View data |
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