The number of enterprises in the UK involved in renting and leasing recreational and sports goods is projected to grow steadily, from 1.11 thousand in 2024 to 1.14 thousand by 2028. This reflects a consistent but modest annual growth rate of about 0.67%. For 2023, the figure stood slightly below the 2024 value, indicating a stable upward trend starting from actual historical data. Year-on-year variations illustrate a gradual increase, stabilizing at around 1.13 thousand enterprises from 2026 to 2027 before a slight rise again in 2028. The compound annual growth rate (CAGR) indicates sustained interest and potential expansion in this niche market segment.
Future trends to watch for include technological advancements in rental platforms, increased consumer interest in sustainable and recreational activities, and potential regulatory changes affecting the leasing sector. These factors could influence enterprise numbers and market dynamics in the coming years.
