The number of enterprises in the renting and leasing of recreational and sports goods sector in the UK has remained relatively stable, with a slight upward trend from 2024 through 2028. Starting from an actual figure slightly below 1.09 thousand enterprises in 2023, forecasts suggest incremental growth reaching 1.12 thousand by 2028. This reflects modest year-on-year growth averaging around 0.46%, with a compound annual growth rate (CAGR) of approximately 0.37% over the five-year period. Given the data, the sector is characterized by incremental expansion.

Future trends to watch for:

Emergence of eco-friendly rental practices in response to environmental concerns.
Technological advancements facilitating ease of access and streamlined processes in recreational goods renting.
Potential impact of new regulations promoting the gig economy affecting renting platforms.