The rental and leasing industry has witnessed significant growth in aircraft, transportation, computers, and software sectors. According to Statista, revenue in rental and leasing activities in the United States is projected to amount to $128.55 billion in 2022 and is expected to grow at a CAGR of 4.3% over 2022-2025.
With companies rearranging their operations and recovering from the COVID-induced disruptions, demand for rental and leasing services is expected to increase in the coming months. Although digital brands gained traction during the pandemic, they are likely to build their physical presence, while DTC brands focus on expanding their store count, leading to the demand for rental and leasing services. Moreover, the growing number of start-ups is also expected to benefit the rental and leasing industry considerably.
