The turnover for renting and leasing trucks in Norway stood at 34.1 million Euros in 2023. Forecasts from 2024 to 2028 indicate a continual decline, from 33.7 million Euros in 2024 down to 32.1 million Euros by 2028. The year-on-year variations show a consistent decrease of approximately 1.2% annually. Over the last two years, the decline was around 1.2% in 2024 and 1.1% in 2025. The Compound Annual Growth Rate (CAGR) reveals an average yearly decrease of around 1.3% over the five-year forecast period.

Future trends to watch for:

Increased emphasis on sustainable and electric truck rentals.
Potential market consolidation among rental companies.
Technological advancements in fleet management and telematics.
Changes in regulatory frameworks affecting the logistics and transportation sectors.