European Turnover of Renting and Leasing of Trucks Share by Country (Million Euros)

The analysis of the European truck renting and leasing market in 2023 shows that the United Kingdom held the highest share with a turnover of €31.08 million, followed by Germany at €26.92 million, and France at €9.45 million. Noticeable trends include significant growth in Poland (8.18%), Portugal (20.33%), and Lithuania (14.3%). Contrarily, France experienced a considerable decline (-14.8%), and Sweden and Finland also saw negative growth at -1.71% and -3.39%, respectively. Smaller markets like Greece and Serbia demonstrated strong growth at 12.56% and 10.06%, respectively, while the Iceland market also saw a notable increase of 20.21%. Belgium and Hungary remained relatively stable with minor changes.

Future trends to watch include how emerging markets like Portugal and Lithuania continue to grow, and whether major markets like France will recover from their current decline. The potential for digital transformation and green technology adoption could play a critical role in shaping the market dynamics in the upcoming years.