In 2023, the gross investment in the renting and leasing of motor vehicles sector in France was valued at 13.65 billion Euros. The forecasted data indicates a consistent growth, with values projected to reach 15.52 billion Euros by 2028. Year-on-year variations show a steady increase, with an annual growth rate of around 2.7% over the forecasted period. This results in a compound annual growth rate (CAGR) of approximately 2.6% from 2024 to 2028.
Future trends to watch include:
- Technological advancements in vehicle telematics and fleet management.
- Increasing adoption of electric vehicles in fleets due to environmental concerns and regulations.
- The impact of economic fluctuations and consumer behavior on rental and leasing demand.