Forecast: Turnover in Renting and Leasing of Motor Vehicles Sector in Sweden

The turnover in the renting and leasing of motor vehicles sector in Sweden is forecasted to increase from 10.32 billion SEK in 2024 to 11.49 billion SEK in 2028. This upward trend demonstrates a steady year-on-year growth ranging from approximately 2.9% to 3.5%. In 2023, the sector stood at 10.06 billion SEK, indicating a healthy annual growth rate over the forecasted period. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is around 3%, reflecting consistent industry expansion.

Future trends to watch for include the increasing adoption of electric vehicles (EVs) which could drive demand for new leasing options, the influence of regulatory changes targeting emission reductions, and advancements in technology which may transform how leasing services are delivered and managed, potentially impacting overall market dynamics.

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