Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemic

The new Solifi Global Leasing Report 2023 reveals a promising 9.3% increase in new business volumes in 2021, as the global leasing industry emerged from the pandemic and equipment investments rebounded.

The report highlights that the top 50 countries reported new business volume of US$1.463 billion in 2021, up from US$1.338 billion in 2020.

The one-of-a-kind report provides detailed analysis of the top 50 leasing markets worldwide, providing historical data insights, economic projections and trends.

The Global Leasing Report shows the industry has grown 84% in the past decade; however, findings predict international growth will slow from 6% in 2021 to 2.7% in 2023. While global inflation is expected to slow down in 2023 (6.5%) compared to 2022 (8.8%), it is forecasted to rise another 4.1% by 2024.

The research finds that the United States remains the world’s largest leasing market (+7.40% growth) with China (+10.71%), the United Kingdom (+14.32%), Germany (+21.85%), and Japan (+8.71%) rounding out the top five market-leading countries. Combined, these five markets account for more than 72% of the world’s leasing volume. The Global Leasing Report takes a closer look at these regional markets to help predict where the industry is heading in the future.

“Despite constant business disruption from the residual pandemic effects, unpredictable economic turbulence, and supply chain shortages, the global leasing market is growing. Innovation and resilience are key attributes of the leasing market and continue to underpin the industry’s growth,” says Solifi CEO David Hamilton.

“For the past 17 years, the Solifi Global Leasing Report has been the go-to guide for the industry and has become one of the leasing market’s most trusted and definitive resources. The invaluable research findings at both global and individual country levels provide the knowledge and insights leasing organisations need to make crucial business decisions to drive their continued growth.”

The Solifi Global Leasing Report contains data including:

International leasing volume and growth by region
Market penetration
GDP penetration ratios
Market shares
Unique ranking of the top 50 leasing markets by size

The Global Leasing Report is prepared by Solifi in association with the World Leasing Yearbook and is an extract from the 324-page World Leasing Yearbook. To obtain the complete report, which contains further extensive data, tables and figures, you can purchase the book at www.world-leasing-yearbook.com

The Solifi Global Leasing Report 2023 is available to download today by completing the form below.

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