As of 2023, the Renting and Leasing of Motor Vehicles Sector in France comprised 31.8 thousand employees. Forecasts for 2024 through 2028 show a steady increase, with employee numbers rising from 32.73 thousand in 2024 to 36.43 thousand by 2028. This reflects an Annual Growth Rate (AGR) of approximately 3% year-on-year, indicating consistent sector expansion. The 5-year Compound Annual Growth Rate (CAGR) projects an average annual increase of around 2.7%.
Future trends to watch include potential shifts in consumer preferences towards environmentally-friendly vehicles, technological advancements in autonomous vehicles, and the impact of policy changes on vehicle leasing and renting dynamics.
