From 2013 to 2023, the production value for the renting and leasing of trucks in Germany showed considerable variation. In 2023, this value stood at 1.9 Billion Euros. A notable dip occurred in 2020, coinciding with the global pandemic, but the market rebounded strongly with a consistent rise in subsequent years. Year-on-year growth in 2023 was 11.9%, highlighting a recovery trajectory. The long-term CAGR from 2013 to 2023 reveals a moderate overall growth rate.
Looking forward, the forecast until 2028 suggests a steady increase at an annual average growth rate of 2.26%. Key trends to watch for include:
- Technological advancements in fleet management and truck efficiency.
- An increase in demand driven by e-commerce expansion.
- Environmental regulations possibly impacting rental preferences.
- Market adaptations to economic changes due to geopolitical tensions.
