The production value of renting and leasing cars and light motor vehicles in Germany is anticipated to grow from €37.28 billion in 2024 to €49.4 billion by 2028. This showcases a steady growth trajectory, with a significant increase projected over the 5-year span. Compared to 2023, these forecasts demonstrate a robust upward trend, with a Compound Annual Growth Rate (CAGR) of 7.26% expected from 2024 to 2028. Notably, the expected year-on-year growth for 2024 to 2025 is approximately 8.38%, while the growth from 2025 to 2026 is about 7.56%.
Future trends to watch for include the potential impact of evolving consumer preferences towards sustainable mobility solutions and the integration of advanced technologies such as electric and autonomous vehicles in rental and leasing services. Market dynamics may also be influenced by regulatory shifts towards more environmentally friendly transportation and economic factors affecting consumer spending in mobility services.
