The landscape of the European market for renting and leasing trucks shows Poland leading with 16.65% share, followed closely by Germany (15.63%) and the United Kingdom (13.05%). Noteworthy trends include Spain's notable 11.48% year-on-year growth and France's decline by 7.31%. High growth is also seen in Luxembourg with an 11.84% increase. Conversely, Austria, Finland, Malta, and Germany showed contractions, with the latter decreasing by 1.71%. Overall, most countries experienced varying degrees of change, reflecting a dynamic market environment.
Going forward, watch for increased consolidation in mature markets like Germany and the UK, and rapid growth in Eastern European countries, specifically Poland and Serbia. The forecast suggests continued growth driven by logistics demand, e-commerce expansion, and a shift towards leasing over ownership. Volatility in the European market could persist due to regulatory environments and economic conditions, affecting enterprise numbers.
Top countries in Number of Enterprises of Renting and Leasing of Trucks Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 16.65 | 2023 | +4.48% | +4.09% | View data |
| 2 | 2 Germany | 15.63 | 2023 | +0.97% | -1.71% | View data |
| 3 | 3 United Kingdom | 13.05 | 2023 | +1.29% | +1.51% | View data |
| 4 | 4 Spain | 8.16 | 2023 | +9.03% | +11.48% | View data |
| 5 | 5 France | 6.21 | 2023 | -14.56% | -7.31% | View data |
| 6 | 6 Hungary | 5.98 | 2023 | +5.39% | +6.52% | View data |
| 7 | 7 Bulgaria | 5.16 | 2023 | +1.5% | +0.15% | View data |
| 8 | 8 Netherlands | 4.89 | 2023 | +4.07% | +5.13% | View data |
| 9 | 9 Lithuania | 4.15 | 2023 | +4.82% | +6.58% | View data |
| 10 | 10 Italy | 3.86 | 2023 | +0.33% | +0.88% | View data |
