In 2023, the number of persons employed in the car and light motor vehicle renting and leasing sector in Italy stood at around 13.53 thousand. From 2024 to 2028, forecasts show a steady annual growth in employment, rising from 13.6 thousand in 2024 to 13.88 thousand in 2028. The average annual growth rate, or CAGR, for this period is projected to be approximately 0.58%, indicating a moderate but consistent increase in employment.
Future trends to watch for include:
- The impact of technological advancements in vehicle rental services.
- Potential regulatory changes affecting the car rental industry.
- Shifts in consumer behavior towards sustainable and electric vehicle rentals.