The Renting and Leasing of Motor Vehicles sector in Switzerland saw its production valued at 590.0 million Swiss Francs in 2023. The forecast for 2024 predicts a production value of 597.4 million Swiss Francs. Year-on-year variations show incremental growth: 1.4% in 2024, 1.4% in 2025, 1.3% in 2026, 1.3% in 2027, and 1.3% in 2028. The average annual growth rate (CAGR) from 2024 to 2028 is anticipated to be approximately 1.3%.
Key future trends to watch for in this sector include:
• Increasing demand for electric and hybrid vehicles, which could drive sector growth.
• Technological advancements in vehicle leasing platforms catering to consumer demand for flexible leasing options.
• Economic factors such as inflation and shifting consumer spending habits impacting vehicle leasing dynamics.
