In 2023, Hungary led with a high share of 73.34% in high growth enterprises among active enterprises in renting and leasing motor vehicles. It was followed by Lithuania at 57.72% and Portugal at 36.37%. The Czech Republic, Slovakia, and Italy had values ranging between 23.36% to 27.6%. Norway, Iceland, Romania, and Latvia showed lower shares, with Latvia at the bottom at 16.35%. Over the past five years, the CAGR was negligible or flat, indicating stable growth in this sector without significant shifts.
Future trends to watch for include:
- The impact of economic fluctuations on the rental and leasing industry.
- Technological advancements affecting operational efficiencies.
- Environmental regulations influencing market dynamics.
- Changing consumer preferences towards flexible transportation solutions.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Renting and Leasing of Motor Vehicles by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 73.34 | 2023 | View data |
| 2 | 2 Lithuania | 57.72 | 2023 | View data |
| 3 | 3 Portugal | 36.37 | 2023 | View data |
| 4 | 4 Czech Republic | 27.6 | 2023 | View data |
| 5 | 5 Slovakia | 26.84 | 2023 | View data |
| 6 | 6 Italy | 23.36 | 2023 | View data |
| 7 | 7 Norway | 20.12 | 2023 | View data |
| 8 | 8 Iceland | 18.72 | 2023 | View data |
| 9 | 9 Romania | 18.2 | 2023 | View data |
| 10 | 10 Latvia | 16.35 | 2023 | View data |
