European Rental and Leasing Services Output by Country

In 2023, Germany and France led the European rental and leasing services market, showing stable year-on-year growth rates of 1.67% and 2.45% respectively. The Netherlands experienced significant growth at 8.49%, followed by Ireland with a 6.02% increase. Eastern European countries like Romania and Poland also saw notable rises at 7.56% and 7.08%, driven by increasing demand for flexible rental solutions. Switzerland posted robust growth at 11.76%, while Norway faced a slight decline of 2.11% in output.

Future trends to watch:

• Expansion of digital and green leasing solutions driving market demand.
• Potential growth in Eastern and smaller European markets as infrastructure and economic conditions improve.
• Adapting to changing regulations and sustainability standards within the EU, influencing market dynamics.