In 2023, the turnover value for renting and leasing of motor vehicles in Sweden stood at 899 million Euros. The forecasted figures show a steady growth from 903.4 million Euros in 2024 to 911.4 million Euros by 2028. Year-on-year variations are modest with percentages hovering around 0.3% to 0.2%, indicating stable sector performance. The compound annual growth rate (CAGR) over the forecast period (2024-2028) is projected at approximately 0.3%, highlighting a gradual but consistent upward trend.
Future trends to watch include:
- Increasing demand for electric vehicles, possibly boosting leasing turnovers.
- Technological advancements in vehicle connectivity and autonomous driving capabilities.
- Regulatory changes impacting vehicle emissions and leasing terms.