In 2023, France recorded approximately 8.7 thousand enterprises involved in the renting and leasing of motor vehicles. From 2024, forecasts indicate a steady increase in the number of these enterprises, with a growth pattern that reveals a modest rise year-over-year: from 8.76k in 2024 to 9.0k in 2028. This growth suggests an annual growth rate, reflecting both sector stability and continuous demand.
The compound annual growth rate (CAGR) over this five-year forecasted period averages out to a consistent increase, indicative of healthy market dynamics and potential business expansions.
Future trends to watch include:
- The impact of green vehicle leasing initiatives.
- Technological advancements in leasing operations.
- Changing consumer preferences towards shared and rental vehicle solutions driven by sustainability goals.
- Potential regulatory changes affecting the automotive leasing industry.