The motor vehicle renting and leasing sector in Germany has experienced substantial growth, progressing from €7.63 billion in 2013 to €35.6 billion in 2023. This represents a significant increase, with a sharp acceleration noted particularly from 2016 to 2021. The year-on-year variation between 2022 and 2023 was 10.52%. The Compound Annual Growth Rate (CAGR) over the past five years stands at 13.12%, reflecting robust industry growth. The sector is expected to continue expanding, with the forecast suggesting a CAGR of 5.99% from 2024 to 2028, resulting in a projected market size of €52.11 billion by 2028.

Future trends to watch for:

Technological advancements like EVs and autonomous vehicles influencing leasing options.
Increasing consumer preference for flexible leasing models over traditional ownership.
Environmental regulations promoting the lease of eco-friendly fleets.
Potential economic fluctuations impacting rental market demand.