The United Kingdom, Germany, and France lead in employment within the car and light motor vehicle rental and leasing sector in Europe, collectively comprising over 50% of the market share. Notably, Greece and Portugal have experienced significant year-on-year growth, suggesting burgeoning markets. Despite some Eastern European countries showing growth (e.g., Romania and Lithuania), they remain small players compared to Western Europe. The recent variations indicate a consistent upward trend in most countries, with some Scandinavian nations maintaining stability.
Future trends to watch include technological integration in rental services, growth in electric vehicle leasing, and the impact of environmental regulations. There's potential for emerging markets within Eastern Europe, supported by digital transformation and economic growth, fostering an increased demand for leasing services.
Top countries in Number of Persons Employed of Renting and Leasing of Cars and Light Motor Vehicles Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 19.8 | 2023 | +1.63% | +0.39% | View data |
| 2 | 2 Germany | 19.51 | 2023 | +10.13% | +3.96% | View data |
| 3 | 3 France | 11.22 | 2023 | +2.82% | +7.68% | View data |
| 4 | 4 Spain | 10.81 | 2023 | +3.31% | +6% | View data |
| 5 | 5 Italy | 6.04 | 2023 | +0.53% | +1.19% | View data |
| 6 | 6 Poland | 4.49 | 2023 | +4.94% | +3.59% | View data |
| 7 | 7 Greece | 4.22 | 2023 | +14.26% | +9.18% | View data |
| 8 | 8 Netherlands | 3.51 | 2023 | +1.51% | +0.78% | View data |
| 9 | 9 Portugal | 3.22 | 2023 | +9.53% | +6.2% | View data |
| 10 | 10 Romania | 1.89 | 2023 | +3.67% | +4.68% | View data |
