In 2023, the production value of renting and leasing motor vehicles in France stood at 17.47 billion Euros. Over the last ten years, this industry has experienced significant fluctuations, spiking to 18.52 billion in 2017 and bottoming out in 2018 at 12.58 billion Euros. Year-on-year variations revealed substantial increases such as 42.28% in 2017 and marked declines like -32.06% in 2018. The last two years have shown steadier growth with 3.32% in 2022 and 3.18% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years is 2.21%. Forecasts predict a moderate upward trend, reaching 20.08 billion Euros by 2028.
Future trends to watch for include:
- The increasing influence of electric and autonomous vehicles on leasing options.
- Shifts towards subscription-based rental models.
- The impact of regulatory changes and environmental policies.
