European Production Value of Renting, Leasing of Personal and Household Goods by Country

The European market for renting and leasing personal and household goods sees France maintaining its lead with a production value of €6.5 billion in 2023, reflecting growth of 1.68% compared to the previous year. Germany follows with €4.74 billion, experiencing a 2.87% increase. The UK shows moderate expansion at 1.87% with a value of €2.75 billion. Notably, Italy and Spain show strong growth rates of 5.75% and 3.91%, respectively. Conversely, Poland, Finland, and Iceland register notable declines, with contractions ranging from 3.64% to 13.06%.

Future trends to watch for in this sector include further growth in countries with currently low penetration rates but high potential, such as Romania and Bulgaria, which saw significant growth in 2023. The shift towards eco-friendly and shared economy models could drive demand across European markets, potentially reshaping consumer preferences and leasing structures.