In 2023, Kazakhstan led in transport equipment rental enterprises, followed by France, Chile, and Hungary. Variations from the previous year reveal significant growth in Kazakhstan (3.38%) and Lithuania (5.61%), while Slovakia faced a downturn (-5.72%). Overall, most countries experienced mild positive growth. The United Kingdom showed minimal growth (0.062%), whereas Bulgaria saw a decline (-0.98%). The current transport equipment rental landscape indicates fluctuating trends across countries, revealing opportunities for specific market shifts and attention to countries such as Kazakhstan and Lithuania with notable increases.
Future trends to watch for include:
- Increased demand in emerging markets like Kazakhstan due to infrastructure development and urbanization.
- Potential market contraction in countries showing negative growth, such as Slovakia and Bulgaria.
- Technological advancements and their adoption in equipment rental services might create new opportunities.
- Shifts in consumer habits towards sustainable and flexible transport solutions could change market dynamics.
Top countries in Transport Equipment Rental Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kazakhstan | 12,460 | 2023 | +2.43% | +3.38% | View data |
| 2 | 2 France | 6,330 | 2023 | +8.65% | +0.53% | View data |
| 3 | 3 Chile | 6,040 | 2023 | +3.09% | +1.48% | View data |
| 4 | 4 Hungary | 5,150 | 2023 | +2.29% | +1.44% | View data |
| 5 | 5 United Kingdom | 3,900 | 2023 | +0.41% | +0.062% | View data |
| 6 | 6 Bulgaria | 2,020 | 2023 | -1.8% | -0.98% | View data |
| 7 | 7 Lithuania | 1,180 | 2023 | +3.44% | +5.61% | View data |
| 8 | 8 Romania | 682 | 2023 | +1.64% | +3.62% | View data |
| 9 | 9 Slovakia | 531 | 2023 | -1.67% | -5.72% | View data |
| 10 | 10 Slovenia | 351 | 2023 | +4.78% | +5.47% | View data |
