The production value of renting and leasing trucks in Italy has shown significant growth from 2013 to 2023, reaching EUR 438.0 million in 2023. Year-on-year variations present a mixed picture with periods of robust growth, such as the 29.87% increase in 2017 and notable declines, such as the -2.94% decrease in 2020 due to external factors likely related to the COVID-19 pandemic. The compound annual growth rate (CAGR) over the last five years (2018-2023) was 6.35%, indicating a steady upward trend.
Looking forward, the forecast for the years 2024 through 2028 suggests continued growth with an average annual increase of 3.77% (CAGR), projecting the production value to reach EUR 555.9 million by 2028. This indicates a total growth of 20.35% over the next five years.
Future trends to watch for include technological advancements in truck leasing, shifts in logistical demands, and the impact of environmental regulations which may influence the types of vehicles leased and the overall market dynamics. Monitoring these factors will be crucial for understanding the market trajectory and potential opportunities or challenges within the sector.
