In 2023, Germany, the United Kingdom, and France led Europe's turnover in the renting and leasing of recreational and sports goods, with values standing at 1.54, 1.46, and 1.4 billion euros, respectively. Smaller markets like Croatia and Belgium demonstrated significant growth in 2023, with increases of 6.92% and 36.64%, highlighting regional opportunities. While most countries experienced positive growth, leading growth rates were notable in Germany and Belgium, at 34.38% and 36.64% respectively. Over the last five years, these markets have shown an overall compounded annual growth trend, particularly in maturing markets like Germany, France, and Spain.
Future trends may include increased digitization, which could improve operational efficiencies and customer experiences, potentially driving higher turnovers. Economic conditions and consumer preferences for sustainable and flexible leisure activities might further influence this sector's growth. Emerging markets in Eastern Europe might also provide new opportunities for expansion.
Top countries in Turnover of Renting and Leasing of Recreational and Sports Goods by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,540 | 2023 | +38.09% | +34.38% | View data |
| 2 | 2 United Kingdom | 1,460 | 2023 | +4.01% | +3.54% | View data |
| 3 | 3 France | 1,400 | 2023 | +17.79% | +15.34% | View data |
| 4 | 4 Italy | 540.2 | 2023 | +12.13% | +6.22% | View data |
| 5 | 5 Croatia | 176.8 | 2023 | +17.01% | +6.92% | View data |
| 6 | 6 Belgium | 165.3 | 2023 | +21.19% | +36.64% | View data |
| 7 | 7 Spain | 163.4 | 2023 | +12.38% | +19.73% | View data |
| 8 | 8 Poland | 97.2 | 2023 | +2.96% | +11.39% | View data |
| 9 | 9 Sweden | 75.2 | 2023 | +0.27% | +4.69% | View data |
| 10 | 10 Portugal | 66.8 | 2023 | +27.48% | +19.86% | View data |
