The European market for wages and salaries in renting and leasing office machinery and equipment displays diverse trends. France leads despite a decline of -6.49% in 2023, whereas Germany and the UK show modest growth around 2%. Italy and Spain reflect optimism with respective growths of 3.73% and 24.2%. Noticeably high year-on-year increases are evident in Greece, Romania, and Latvia at 35.74%, 43.88%, and 39.77%. Emerging markets like Serbia and Lithuania also show significant upward shifts.
Future trends to watch will include the continued growth in Southern and Eastern Europe, driven by digitalization and business optimization strategies, potentially reshaping the market landscape.
Top countries in Wages and Salaries of Renting and Leasing of Office Machinery and Equipment Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 48.05 | 2023 | +11.81% | -6.49% | View data |
| 2 | 2 Germany | 14.34 | 2023 | +1.84% | +1.82% | View data |
| 3 | 3 United Kingdom | 11.81 | 2023 | +2.6% | +1.95% | View data |
| 4 | 4 Italy | 8.89 | 2023 | +8.27% | +3.73% | View data |
| 5 | 5 Spain | 4.99 | 2023 | +15.47% | +24.2% | View data |
| 6 | 6 Belgium | 1.96 | 2023 | +3.16% | +0.52% | View data |
| 7 | 7 Sweden | 1.51 | 2023 | +3.42% | +4.19% | View data |
| 8 | 8 Greece | 1.06 | 2023 | +11.58% | +35.74% | View data |
| 9 | 9 Romania | 0.74 | 2023 | +19.35% | +43.88% | View data |
| 10 | 10 Denmark | 0.61 | 2023 | 0% | -0.96% | View data |
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