In Poland's renting and leasing of motor vehicles sector, employment has shown an overall upward trend from 2013 to 2023, reaching 11.64 thousand FTEs in 2023. The sector witnessed fluctuations, including dips in 2013 and 2020, but recovered steadily from 2021. Notable increases occurred in 2014, 2015, 2018, and 2021. The employment CAGR from 2019 to 2023 was 7.32%. The forecast for 2024-2028 indicates a more moderate annual growth rate of 5.34%, projecting employment to reach 16.37 thousand FTEs by 2028, representing an overall growth of 29.72% over five years.
Future trends to watch:
- Impact of economic conditions and consumer spending on vehicle rental demand.
- Technological advancements in vehicle leasing platforms.
- Regulatory changes affecting the automotive sector.
- Expansion of electric and hybrid vehicle leasing options.
- Competition from shared mobility services like ride-sharing and car-sharing.
