In 2023, Italy led the European landscape in the number of enterprises renting and leasing recreational and sports goods, followed by France and Croatia. Key insights showcase notable growth in emerging markets like Croatia, which experienced a remarkable 48.34% year-on-year growth. Romania also saw significant expansion with a 16.79% increase. Conversely, France witnessed a slight decline of 0.44%, representing one of the few downturns in the region.
Key future trends to watch include:
- The rising demand in Eastern Europe, particularly in Romania and Slovakia, as economic improvements drive leisure activities.
- Potential consolidation in more mature markets like France, to enhance efficiency and market share.
- Technological advancements in customer experience, likely driving growth in digital rental platforms across various European nations.
- Environmental trends encouraging the shift towards eco-friendly equipment and sustainable practices in rentals.
Top countries in Number of Enterprises of Renting and Leasing of Recreational and Sports Goods by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,920 | 2023 | +3.7% | +4.17% | View data |
| 2 | 2 France | 2,850 | 2023 | -2.39% | -0.44% | View data |
| 3 | 3 Croatia | 2,530 | 2023 | +30.65% | +48.34% | View data |
| 4 | 4 Netherlands | 1,630 | 2023 | +3.88% | +4.33% | View data |
| 5 | 5 Poland | 1,380 | 2023 | +3.61% | +4.47% | View data |
| 6 | 6 United Kingdom | 1,100 | 2023 | +0.73% | +1.2% | View data |
| 7 | 7 Spain | 1,020 | 2023 | +0.2% | +1.52% | View data |
| 8 | 8 Germany | 979 | 2023 | +8.06% | +4.92% | View data |
| 9 | 9 Greece | 757 | 2023 | +1.75% | +3.29% | View data |
| 10 | 10 Portugal | 618 | 2023 | +2.15% | +1.74% | View data |
