In 2023, France led the European market in motor vehicle renting and leasing enterprises, holding a 16.48% share, while Germany and Spain followed. Noteworthy year-on-year growth occurred in Romania (10.8%), Hungary (7.42%), and Serbia (5.16%), indicating market dynamism. Conversely, Malta, Germany, and Bulgaria saw slight declines. Over a five-year period, varied Compound Annual Growth Rates (CAGR) highlight shifting market forces, with Eastern European countries generally gaining ground, reflecting broader economic trends and entrepreneurial momentum.
Future trends to monitor include the impact of increasing digitalization, technological integration, and the transition to sustainable, electric vehicle fleets. Cross-border collaborations might shape the competitive landscape, while regulatory changes could further influence market shares across Europe.
Top countries in Number of Enterprises of Renting and Leasing of Motor Vehicles Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16.48 | 2023 | +0.84% | -0.13% | View data |
| 2 | 2 Germany | 9.53 | 2023 | +1.8% | -0.78% | View data |
| 3 | 3 Spain | 9.27 | 2023 | +2.95% | +2.5% | View data |
| 4 | 4 Poland | 9.07 | 2023 | +5.59% | +4.66% | View data |
| 5 | 5 United Kingdom | 8.86 | 2023 | +1.13% | +1.16% | View data |
| 6 | 6 Italy | 6.22 | 2023 | +2.53% | +3.38% | View data |
| 7 | 7 Hungary | 4.41 | 2023 | +5.88% | +7.42% | View data |
| 8 | 8 Greece | 4.19 | 2023 | +3.5% | +4.36% | View data |
| 9 | 9 Bulgaria | 3.82 | 2023 | -1.61% | -0.78% | View data |
| 10 | 10 Romania | 3.48 | 2023 | +6.01% | +10.8% | View data |
