In 2023, the number of enterprises in the renting and leasing of cars and light motor vehicles sector in Germany stood at 3.86 thousand. Based on forecasts, there is an expected steady growth with the number of enterprises reaching 4.29 thousand by 2028. Year-on-year growth rates from 2024 to 2028 show consistent increases, averaging around 1.6% annually. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.1%, indicating robust sector expansion.
Future trends to watch for include the potential impact of technological advancements in vehicle sharing and leasing platforms, as well as regulatory changes that might affect operational frameworks. Additionally, shifts in consumer preference towards electric vehicles and sustainable practices could further influence market dynamics.
