The European renting and leasing sector of personal and household goods has seen diverse trends across different countries. In 2023, France led with the highest share at 13.06%, closely followed by the Netherlands (11.3%) and Germany (11.26%). Some countries like the Czech Republic and Slovakia showed significant increases by 6.62% and 8.49% respectively, while Greece and Ireland experienced notable declines of -6.26% and -6.23%. Croatia observed a dramatic growth of 35.83%. Overall, positive growth is seen in emerging markets like Romania and Serbia, indicating a shifting panorama.
Future trends to watch include continued growth in the Eastern European markets driven by increasing consumer demands for rental services. Additionally, digital transformation and the rise of the sharing economy could further stimulate changes in the industry, providing new opportunities especially in technologically advanced regions. Sustainable practices might also emerge as a key focus, aligning with European green policies and consumer preferences. Monitoring economic conditions will be crucial since these can significantly influence consumer spending and business operations in the rental and leasing sector.
Top countries in Number of Enterprises of Renting, Leasing of Personal and Household Goods Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 13.06 | 2023 | -2% | +0.98% | View data |
| 2 | 2 Netherlands | 11.3 | 2023 | +3.01% | +2.59% | View data |
| 3 | 3 Germany | 11.26 | 2023 | +4.74% | +0.66% | View data |
| 4 | 4 Italy | 8.86 | 2023 | -0.027% | +1.13% | View data |
| 5 | 5 Czech Republic | 8.18 | 2023 | +5.76% | +6.62% | View data |
| 6 | 6 Spain | 6.4 | 2023 | -1.56% | -2.18% | View data |
| 7 | 7 United Kingdom | 6.14 | 2023 | +1.01% | +1.33% | View data |
| 8 | 8 Poland | 4.98 | 2023 | +3.83% | +3.43% | View data |
| 9 | 9 Croatia | 4.71 | 2023 | +18.82% | +35.83% | View data |
| 10 | 10 Slovakia | 4.28 | 2023 | +5.97% | +8.49% | View data |
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