The number of enterprises in the truck renting and leasing sector shows varied trends across Europe. In 2023, Poland led with growth at 4.09%, while Germany saw a decrease of 1.71%. The United Kingdom experienced a modest rise of 1.51%, and Spain saw significant growth at 11.48%. France faced a decline of 7.31%, whereas Hungary and Lithuania had moderate increases at 6.52% and 6.58%, respectively. Notably, Serbia surged with 20.51% growth. The sector overall is showing a diverse range of performances across countries, indicating both expansion and contraction depending on market conditions and regional factors.
Future trends to watch for include:
- The impact of economic conditions on enterprise growth in Western Europe, especially amidst global supply chain challenges.
- The potential for Eastern European countries to sustain their growth trajectories, as seen in Serbia.
- Environmental regulations and advancements in sustainable vehicle technology influencing the industry's evolution across Europe.
- Changing commerce patterns and the rise of e-commerce potentially boosting demand for rental and leasing services in key markets.
- The role of digital transformation and innovation in shaping competitive dynamics in the sector.
Top countries in Number of Enterprises of Renting and Leasing of Trucks by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,310 | 2023 | +4.48% | +4.09% | View data |
| 2 | 2 Germany | 1,230 | 2023 | +0.97% | -1.71% | View data |
| 3 | 3 United Kingdom | 1,020 | 2023 | +1.29% | +1.51% | View data |
| 4 | 4 Spain | 640 | 2023 | +9.03% | +11.48% | View data |
| 5 | 5 France | 487 | 2023 | -14.56% | -7.31% | View data |
| 6 | 6 Hungary | 469 | 2023 | +5.39% | +6.52% | View data |
| 7 | 7 Bulgaria | 405 | 2023 | +1.5% | +0.15% | View data |
| 8 | 8 Netherlands | 384 | 2023 | +4.07% | +5.13% | View data |
| 9 | 9 Lithuania | 326 | 2023 | +4.82% | +6.58% | View data |
| 10 | 10 Italy | 303 | 2023 | +0.33% | +0.88% | View data |