Forecast: Number of Persons Employed in Renting and Leasing of Motor Vehicles Sector in Germany

The employment forecast in Germany's motor vehicle renting and leasing sector anticipates a consistent growth from 2024 through 2028, exceeding previous levels seen in 2023. With employment expected to rise from 53.23 thousand in 2024 to 64.98 thousand in 2028, this marks steady year-on-year growth averaging around 5.0% annually. This trend indicates a robust sector recovery and expansion, stimulated by increased demand and sector innovation.

Looking forward, key trends to watch include the impact of digital transformation and sustainability initiatives. Rising consumer preference for flexible mobility solutions and the shift towards electric and autonomous vehicle leasing could significantly influence employment dynamics and market evolution in the coming years.

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