As of 2023, the wages and salaries in the renting and leasing sector of cars and light motor vehicles in France stood at a certain baseline, with a rising trend observed in the subsequent years. From 2024 onwards, the forecast expects a steady increase, reaching 1.34 billion euros by 2028. The year-on-year growth indicates a gradual increase of approximately 3.5% per year over this period, reflecting a compounded annual growth rate (CAGR) of around 3.6% from 2024 to 2028.
Future trends to watch include the potential impacts of regulatory changes, shifts in consumer preferences towards electric vehicles, and the integration of digital technology in leasing services which could affect labor costs and demand dynamics in the sector.
