As of 2023, the share of high growth enterprises in the population of active enterprises in the renting and leasing of motor vehicles in Italy stood at 23.42%. The forecasts from 2024 to 2028 indicate a steady increase from 24.46% in 2024 to 28.8% in 2028. This consistent year-on-year rise represents a positive trend in the sector. Over the two-year per annum growth rates: 4.69% between 2024 and 2025, 4.26% between 2025 and 2026, 4.10% between 2026 and 2027, and 3.85% between 2027 and 2028. The Compound Annual Growth Rate (CAGR) over a five-year period highlights an average annual increase of approximately 4.24%.
Future trends to watch for:
- Digital transformation leading to innovative leasing models
- Expansion in electric vehicle leasing due to environmental policies
- Evolving customer preferences focusing on subscription-based models
- Impact of economic conditions on vehicle leasing market dynamics