Global Leasing Markets Report 2022-2030: Top Opportunities will Arise in the Nonfinancial Intangible Assets Leasing Segment

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Apr 12, 2022, 09:15 ET

DUBLIN, April 12, 2022 /PRNewswire/ -- The "Leasing Global Market Report Opportunities And Strategies To 2030, By Type, Mode" report has been added to ResearchAndMarkets.com's offering.

The leasing market reached a value of nearly $1,185.2 billion in 2020, having increased at a compound annual growth rate (CAGR) of 1.8% since 2015. The market is expected to grow from $1,185.2 billion in 2020 to $1,836.7 billion in 2025 at a rate of 9.2%. The market is then expected to grow at a CAGR of 6.7% from 2025 and reach $2,536.9 billion in 2030.

Growth in the historic period resulted from strong emerging markets growth, demand from the aerospace and defense industry, rise in consumer awareness, growth in the used cars market, growth in residential construction activity and increased internet penetration.

Going forward, global population growth and urbanization, growing popularity of electric vehicles, emergence of start-ups, growing healthcare industry, increasing infrastructure spending and development of mega infrastructure projects will drive the growth. Factors that could hinder the growth of the leasing market in the future include growing popularity of on-demand taxi services, reduction in free trade and shortage of skilled workforce.

Asia Pacific was the largest region in the leasing market, accounting for 36.3% of the total in 2020. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the leasing market will be Africa, and, Middle East where growth will be at CAGRs of 13.3% and 12.7% respectively. These will be followed by South America, and Eastern Europe, where the markets are expected to grow at CAGRs of 12.6% and 10.6% respectively.

The leasing market is fragmented, with large number of players. High fragmentation in the market is mainly due to presence of local players across geographies who set up their shop to cater to the local culture and preferences, especially consumer goods and household equipment.

The top ten competitors in the market made up to 8.15% of the total market in 2020. This is expected to change in the near future with the increasing number of franchisee agreements between food and retail stores globally and increasing number of airlines going for air craft leasing.

Volkswagen leasing GmbH was the largest competitor with 2.06% of the market, followed by Enterprise Holdings Inc. with 1.33%, Mc Donald's Corporation with 0.91%, Daimler with 0.69%, United Rentals Inc. with 0.60%, 7 - Eleven with 0.58%, LeasePlan Corporation N.V. with 0.53%, Ashtead Group with 0.50%, Deutsche Leasing AG with 0.48%, and Tokyo Century with 0.46%. Some of the major players in the leasing industry have integrated businesses such as finance leasing and manufacturing along with leasing services.

The top opportunities in the leasing market segmented by type will arise in the nonfinancial intangible assets leasing segment, which will gain $259.4 billion of global annual sales by 2025. The top opportunities in segment by mode will arise in the offline segment, which will gain $595.8 billion of global annual sales by 2025.The leasing market size will gain the most in China at $127.4 billion.

Key Topics Covered:

1. Leasing Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type
6.3. Segmentation By Mode

7. Leasing Market Characteristics
7.1. Market Definition
7.2. Segmentation By Type
7.2.1. Automotive Rental And Leasing
7.2.2. Consumer Goods And General Rental Centers (Equipment Rental Centers)
7.2.3. Machinery Leasing
7.2.4. Nonfinancial Intangible Assets Leasing
7.3. Segmentation By Mode
7.3.1. Online
7.3.2. Offline

8. Leasing Market, Supply Chain Analysis
8.1.1. Resources
8.1.2. Intangible Goods Owners
8.1.3. Financial Institutions
8.1.4. Leasing Service Providers
8.1.5. End Users

9. Leasing Market, Product/Service Analysis -Product/Service Examples

10. Leasing Market Customer Information
10.1. Italian Consumers Depicted Fashion Rental As A Sustainable Form Of Fashion Consumption
10.2. Consumers Want To Subscribe Or Lease A Car Rather Than Buy It
10.3. Increase In Acceptance of Circular Shopping Economy But Clothing Renting/Leasing Not Very Popular
10.4. European Rental Companies Impacted By COVID-19
10.5. Stable Satisfaction Levels Among Rental Car Customers In North America
10.6. Communication And Marketing Required For Retention Of Lease Customers
10.7. Increase In Recreational Vehicle (RV) Sales And Rentals
10.8. Contractors To Rent More Equipment
10.9. Price Heavily Influential On Satisfaction Among Rental Car Customers In North America
10.10. Adoption of Shorter Asset Lifecycles
10.11. Towable RV Rentals
10.12. Leasing Activity of New Equipment

11. Leasing Market Trends And Strategies
11.1. Shift To Online Services
11.2. Leasing Of Medical Equipment
11.3. IoT In Car Rental And Leasing
11.4. Increasing Demand For Leasing Of Environment Friendly Heavy Equipment
11.5. Car Subscription Services
11.6. Electronic Vehicles (EV) Leasing
11.7. Clothing Rental Subscription Service
11.8. Virtual Reality And Augmented Reality
11.9. Predictive Analytics In Machinery Leasing
11.10. Big Data In Automotive Equipment Leasing
11.11. Fleet Management Software

12. Impact Of COVID-19 On The Leasing Market
12.1. Introduction
12.2. Impact On Demand
12.3. Future Outlook

13. Global Leasing Market Size And Growth
13.1. Market Size
13.2. Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.2.1. Drivers Of The Market 2015 - 2020
13.2.2. Restraints On The Market 2015 - 2020
13.3. Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.3.1. Drivers Of The Market 2020 - 2025
13.3.2. Restraints On The Market 2020 - 2025

14. Leasing Market, Regional Analysis
14.1. Global Leasing Market, By Region, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
14.2. Global Leasing Market, 2015 - 2025, Historic And Forecast, By Region
14.3. Global Leasing Market, 2020 - 2025, Growth And Market Share Comparison, By Region

15. Global Leasing Market Segmentation
15.1. Global Leasing Market, Segmentation By Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
15.2. Global Leasing Market, Segmentation By Mode, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)

16. Leasing Market Segments
16.1. Global Automotive Rental And Leasing Market, Segmentation By Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
16.2. Global Machinery Rental Market, Segmentation By Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
16.3. Global Consumer Goods And General Rental Centers Market, Segmentation By Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
16.4. Global Nonfinancial Intangible Assets Leasing Market, Segmentation By Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)

Companies Mentioned