In 2023, the number of persons employed in the renting and leasing of recreational and sports goods sector in France was approximately 3.34 thousand employees. The forecast data suggests a steady decline over the next five years with employment figures dropping from 2.98 thousand in 2024 to 1.56 thousand by 2028. This indicates a significant annual average decrease, pointing to a compound annual growth rate (CAGR) of a negative trend.
Future trends to watch for:
- Potential sector disruptions or technological innovations impacting rental models.
- Changing consumer preferences towards ownership versus renting.
- Economic factors influence disposable income and discretionary spending.
- Environmental concerns could shift consumer behavior towards more sustainable options.