In 2023, the turnover per employee in the UK rental and leasing services industry stood at 286.0 thousand Euros. Moving into 2024, the forecasted turnover for each subsequent year from 2024 to 2028 shows a consistent upward trend: 289.8, 293.6, 297.4, 301.0, and 304.6 thousand Euros respectively. The year-on-year variation percentages from 2024 to 2028 are as follows:
- 2024: 1.33%
- 2025: 1.31%
- 2026: 1.29%
- 2027: 1.21%
- 2028: 1.19%
This consistent increase represents a Compound Annual Growth Rate (CAGR) of approximately 1.27% over the last five years, indicating steady growth in the industry. Future trends to watch include the impact of digital transformation on operational efficiencies and potential shifts in consumer demand for rental versus ownership models due to economic factors or changes in consumer preferences.
