Forecast: Number of Persons Employed of Renting and Leasing of Motor Vehicles in Germany

The forecast for employment in the renting and leasing of motor vehicles sector in Germany shows strong growth from 2024 to 2028. With the number of employees rising from 53.23 thousand in 2024 to 64.98 thousand in 2028, this equates to a compound annual growth rate (CAGR) of approximately 5.1%. The sector demonstrates robust expansion, with an increasing year-on-year growth, reflecting economic confidence and demand in this area. More context is needed on the 2023 values to fully understand its initial position.

Future trends to watch for:

  • Impact of evolving transportation technologies and eco-friendly initiatives on employment in vehicle leasing.
  • Market dynamics such as regulatory changes, consumer preferences, or macroeconomic factors affecting growth trajectories.
  • Potential disruptions or advancements from digital platforms altering rental or leasing service models.

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