In January 2025, the average monthly rent in Greater London reached 2,227 British pounds, confirming its position as the most expensive area for private tenants. Rental prices across England stood at 1,375 British pounds, while the average for Great Britain was recorded at 1,332 British pounds. The North East remains the most affordable region, with rents at 710 British pounds. According to the UK Price Index of Private Rents (PIPR), rental growth has accelerated since 2021, with the cost of rental properties rising by nearly nine percent annually in January 2025.

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

The UK residential rental market is poised for significant growth, with forecasts indicating a cumulative increase of nearly ** percent by 2029. This surge is expected to be front-loaded, with a robust ***** percent rise anticipated in 2024. Rental growth has accelerated notably since 2021, with August 2024 experiencing a decade-high annual percentage growth. The trend reflects the complex interplay between housing affordability, mortgage rates, and supply of rental homes, as the UK housing market navigates a period of transition.

The highest rental yield in the UK property market in the first quarter of 2024 was in the North East region, amounting to **** percent. Conversely, private rental homes in London had the lowest average gross yield, at **** percent. Rental yield is a measure of profitability and shows the annual rental income as a share of the property price. Although higher yields imply a higher annual return, they do not take into consideration the rental growth and house price appreciation potential of the property.

In the United Kingdom (UK), the proportion of landlords that observed a significant increase in tenant demand for their property increased substantially. In the second quarter of 2023, the share of landlords that reported a growing demand in the past three months was ** percent, compared to less than *** percent that saw demand fall slightly. When it comes to home purchases, the housing market experienced increased demand and sales volumes, while the stock and supply of new homes decreased.

The UK Boat Rental Market was valued at USD 4.39 Billion in 2024 and is expected to reach USD 5.75 Billion by 2030 with a CAGR of 4.58%.

Pages	85
Market Size	2024: USD 4.39 Billion
Forecast Market Size	2030: USD 5.75 Billion
CAGR	2025-2030: 4.58%
Fastest Growing Segment	Electric
Largest Market	England
Key Players	1. GetMyBoat 2. Sailo Inc. 3. Boatsetter 4. Adventure Boat Rentals 5. SamBoat 6. Groupe Beneteau 7. Zizooboats GmbH 8. Boat Jump 9. Incrediblue 10. Globe Sailor

The rental yield for buy-to-let properties varied widely across different property types in the United Kingdom. Business mortgages, or buy-to-let (BTL) mortgages, are a loan sold to property investors, rather than to people who want to purchase a home to live in. Semi-detached houses had the lowest rental yield at **** percent in the second quarter of 2022. Though a higher yield suggests profitability, it is also indicates higher risk.

The total turnover of the equipment rental market in the United Kingdom fluctuated widely over the last decade with a positive trend. By 2021, the equipment rental market turnover in the UK reached 5.9 billion euros and is forecasted to exceed 6.7 billion euros by 2023.

The UK car rental market is anticipated to experience substantial growth, expanding from USD 3.80 billion in 2025 to approximately USD 6.43 billion by 2035 at a CAGR of 5.4% throughout the forecast period.

Metric	Value
Industry Size (2025E)	USD 3.80 billion
Industry Value (2035F)	USD 6.43 billion
CAGR (2025 to 2035)	5.4%

Semi-Annual Market Update

Particular	Value CAGR
H1 2024	6.3% (2024 to 2034)
H2 2024	4.8% (2024 to 2034)
H1 2025	6.1% (2025 to 2035)
H2 2025	4.7% (2025 to 2035)

Per Capita Spending Analysis

Year	Population (millions)
2020	67.9
2021	68.3
2022	68.6
2023	69
2024	69.3

Year	Per Capita Spending (USD)
2020	18.82
2021	20.03
2022	22.68
2023	25.58
2024	29.03

Snapshot img

UK Online Home Rental Services Market Size 2025-2029

The UK online home rental services market size is forecast to increase by USD 1.05 billion at a CAGR of 10.4% between 2024 and 2029.

The Online Home Rental Services Market is witnessing significant growth, driven by the ascendancy of hybrid and flexible rental models. These models offer increased convenience and flexibility to renters, allowing them to choose from a wide range of properties and lease durations. However, ensuring trust and security in online transactions remains a critical challenge. With the increasing prevalence of cyber threats and data breaches, renters demand robust security measures to protect their personal and financial information. Regulatory hurdles also impact adoption, as governments worldwide introduce new regulations to govern the online rental market. These regulations aim to protect consumers and ensure fair business practices, but they can add complexity and increase operational costs for rental service providers. Growth in demand for tiny home structures is the primary trend in the online home rental services market. 
To capitalize on market opportunities and navigate challenges effectively, companies must prioritize security and regulatory compliance while continuing to innovate and offer competitive pricing and flexible rental options. By addressing these challenges head-on, online home rental services can continue to disrupt traditional rental markets and meet the evolving needs of modern renters. The integration of Internet of Things (IoT) technology with building automation software is a key trend driving market expansion.

What will be the size of the UK Online Home Rental Services Market during the forecast period?

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In the dynamic online home rental services market, outdoor activities and travel itineraries continue to be popular trends among travelers. To cater to this demand, transportation services integration and travel safety features are increasingly prioritized by property management software. Travel trends indicate a shift towards environmental sustainability and community engagement, making property portfolio management an essential investment opportunity. Destination marketing, travel recommendations, and customer loyalty programs are key strategies for attracting renters. Smart home technology, including keyless entry, voice assistants, and home automation, enhances the rental experience.
Rental yield analysis, pricing algorithms, and dynamic pricing help property owners maximize income. Travelers seek local attractions, shopping and entertainment, food and beverage options, and cultural experiences when choosing a rental property. Travel insurance, ethical travel practices, and guest feedback analysis are crucial components of responsible travel. Property value assessment and rental income tracking are essential for effective property management.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Flats
  Semi-detached houses
  Detached houses


Service

  Economy
  Mid-range
  Premium


Rental Category

  Monthly
  Weekly
  Daily
  Yearly


End-user

  Resident
  Tourist


Geography

  Europe

    UK

By Type Insights

The flats segment is estimated to witness significant growth during the forecast period. The online home rental services market in the US is characterized by its technological advancements and diverse offerings. Payment processing systems ensure secure transactions, while guest safety and insurance provide peace of mind for property owners. Business travelers and families seek user-friendly platforms for booking short-term and holiday rentals, with automated processes simplifying the rental agreement and calendar synchronization. Digital marketing strategies, including search engine optimization and social media marketing, expand market reach. Seasonal rentals cater to varying demand, and property amenities enhance the user experience. Property management systems offer data analytics and pricing optimization for rental income and property taxes. Renewable energy solutions and building information modeling are essential trends in the market, as businesses and organizations strive for sustainability and cost savings.

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The Flats segment was valued at USD 648.10 million in 2019 and showed a gradual increase during the forecast period. Artificial Intelligence (AI) and energy management systems work in tandem to optimize energy usage in smart buildings, reducing operational costs and enhancing overall sustainability. Artificial intelligence and machine learning facilitate pred

The UK construction equipment rental market is expected to reach USD 5.57 billion by 2029 from USD 3.82 billion in 2022, growing at a CAGR of 5.54%.

Snapshot img

Vacation Rental Market Size 2025-2029

The vacation rental market size is estimated to increase by USD 22 billion, growing at a CAGR of 4.1% between 2024 and 2029. The industry's expansion and the rising popularity of short-term vacation rentals are driving substantial market growth. The vacation rental market is experiencing significant growth, driven by the expanding tourism industry and the increasing preference for short-term stays in vacation rental properties. This trend is further fueled by the convenience of instant booking features, which allow travelers to secure their accommodations with ease. However, the market also faces challenges, including the risks associated with fraudulent vacation rental listings. These risks can lead to financial losses and safety concerns for travelers, making it crucial for market participants to prioritize security measures and transparency. Overall, the vacation rental market is poised for continued growth, with opportunities for innovation and improvement in areas such as customer experience, safety, and technology integration. The market's future looks promising, with opportunities for innovation in cultural tourism and enhancements in areas like customer experience, safety, and technology integration.

What will be the size of Market during the Forecast Period?

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Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.

Management

  Managed by owners
  Professionally managed


Method

  Offline
  Online


Type

  Home
  Apartments
  Resort/Condominium
  Others


Geography

  Europe

    UK
    France
    Italy


  North America

    Canada
    US


  APAC

    China
    India
    Japan


  Middle East and Africa

    South Africa


  South America

    Brazil

Which is the largest segment driving market growth?

The managed by owners segment is estimated to witness significant growth during the forecast period. Vacation rentals have emerged as a significant segment in the tourism industry, with B2C enterprises facilitating bookings through various sales channels. According to industry associations and third-party studies, vacation rentals account for a substantial portion of consumer spending on accommodation and features such as spas, with tourism spending projected to increase due to rising internet and device penetration. Forecasting techniques, such as time series forecasts and stationarity of data analysis, are used to estimate short-term trends in the vacation rental market.

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The managed by owners segment accounted for USD 48.5 billion in 2019 and showed a gradual increase during the forecast period. These estimates consider factors like rental homes in the accommodation segment, resorts segment, and booking modes, including offline and online. Market players invest in acquisitions and mergers to expand their offerings, with trends favoring short-term rentals and eco-friendly vacation rentals. Statistical offices and trade associations provide price indices to help owners set rental rates based on local market conditions, ensuring flexibility and competitiveness. Consumer preferences for privacy, space, and flexibility continue to drive demand for vacation rentals in the travel industry.

The vacation rental market has grown significantly with the rise of short-term rentals and vacation homes, supported by online booking platforms and property management solutions. Luxury vacation rentals cater to high-end travelers seeking unique travel experiences. HomeAway and Airbnb alternatives have expanded options for tourists, while local tourism benefits from the convenience of digital travel solutions. These trends are shaping the future of the vacation rental market, driving growth and innovation.

Which region is leading the market?

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Europe is estimated to contribute 32% to the growth of the global market during the market forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The European vacation rental market is experiencing significant growth due to the rising travel trend and the preference for unique experiences over traditional accommodations. Travelers seek more personalized and cost-effective options, leading to the increasing popularity of vacation rentals such as hostels and camping sites. Ancient ruins and historical sites add to Europe's allure, making vacation rentals an attractive choice for tourists. However, the availability of properties and restrictions on ren

The United Kingdom Car Rentals Market Report is Segmented by Rental Duration (Short-Term and Long-Term), Booking Type (Online and Offline), Application (Leisure/Tourism and Business/Corporate), Vehicle Class (Economy, Standard, and Premium / Luxury), Propulsion Type (ICE, Hybrid, and BEV), End-User (Individual and More), Booking Channel (Airport and More), and Geography. Market Forecasts are Provided in Terms of Value (USD).

This timeline presents the value of the film on video rental market in the United Kingdom in the years from 2001 to 2018. The highest value of the physical rental market was *** million British pounds in 2001. Market value was significantly lower in 2018, at 30million British pounds. The number of rental transactions also fell during this period, from *** million in 2001 to ***** million in 2018.

The United Kingdom car rental market, valued at approximately £X million in 2025 (assuming a market size 'XX' represents a value in millions of pounds, a reasonable assumption given the context), is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 13.70% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing popularity of domestic and international tourism contributes significantly, with leisure travelers increasingly opting for car rentals for greater flexibility and exploration beyond public transportation networks. Furthermore, the growth of the business travel sector, coupled with the rising preference for convenient and independent transportation solutions, further bolsters market demand. The expansion of online booking platforms simplifies the rental process, attracting a broader customer base and facilitating efficient price comparisons. The market is segmented by rental duration (short-term and long-term), booking type (online and offline), application type (leisure/tourism and business), and vehicle type (budget/economy and premium/luxury). While the market faces restraints such as fluctuating fuel prices and potential economic downturns impacting discretionary spending, the overall growth trajectory remains positive. Key players like Avis, Enterprise, Europcar, Hertz, Sixt, and Uber (through its ride-sharing and rental services) are actively competing in this dynamic market, continuously innovating to cater to evolving customer preferences and technological advancements. The segmentation of the UK car rental market allows for targeted strategies. The short-term rental segment is expected to dominate, driven by tourist traffic. However, the long-term rental segment is showing promising growth, spurred by increasing demand from relocation services and individuals seeking temporary car solutions. Online booking is gaining substantial traction due to ease of access and comparative pricing, surpassing offline channels. The premium/luxury segment is likely experiencing higher growth compared to the budget/economy segment, reflecting a shift towards higher spending on travel experiences. Regional variations exist within the UK market; regions with significant tourist attractions and business centers will likely exhibit higher growth rates compared to less densely populated areas. Future market dynamics will depend on factors such as government regulations regarding emissions and autonomous vehicle adoption, which could significantly impact the landscape. Recent developments include: In April 2022, For its app users in the UK, Uber Technologies on Wednesday revealed expansion ambitions to encompass buses, trains, flights, and rental car business.. Notable trends are: Growing Demand for Tour and Travel Activities.

United Kingdom Truck Leasing and Rental market was valued at USD 8.50 billion in 2024 and is anticipated to grow USD 12.83 billion by 2030 with a CAGR of 7.15%

Pages	81
Market Size	2024: USD 8.50 Billion
Forecast Market Size	2030: USD 12.83 Billion
CAGR	2025-2030: 7.15%
Fastest Growing Segment	Online
Largest Market	England
Key Players	1. Centurion Truck Rental 2. Nationwide Hire UK 3. Fraikin Limited 4. Europcar International S.A.S.U. 5. Ryder System, Inc. 6. Mac’s Truck (Rental Leasing Co Ltd) 7. Dawsongroup plc. 8. Hexagon Leasing Limited 9. MC Group 10. Eurotrail UK Limited

The Truck Rental and Leasing industry is driven by road freight volumes and activity in sectors like retail, construction and manufacturing. Flexibility in rental agreements and the rise of online shopping have also shaped the industry’s recent dynamics. During periods of heightened economic uncertainty, revenue decline is often limited by retailers, e-commerce and construction companies opting to lease or rent vehicles to avoid significant capital expenditure. Revenue is expected to contract at a compound annual rate of 1.2% over the five years through 2024-25 to £3.4 billion, including a 0.2% rise in 2024-25. Rebounding activity in downstream markets, including retail, manufacturing and construction, alongside strong consumer demand and spending, fuelled revenue growth over the two years through 2022-23. Higher costs also forced companies to raise leasing fees, driving revenue growth. However, large companies like the big supermarkets buying their own fleet have weighed on the need for truck rentals. Meanwhile, an adverse economic climate, due to continued geopolitical tensions and an escalating trade war, has hindered downstream business activity over the two years through 2024-25, restricting the need for goods to be transported. High e-commerce expenditure has provided a significant boost to road freight volumes, aiding sales for truck rental services. As companies have competed fiercely, intensifying price competition in the rental segment of the market has weighed on revenue growth and the average profit margin. Revenue is forecast to grow at a compound annual rate of 2.8% to reach £3.8 billion over the five years through 2029-30. Leasing and renting vehicles are the standard operating procedure for many companies, which sustains revenue growth. Growing competition will encourage companies to explore niche markets and offer specialised services. The industry will invest in new vehicles as environmental regulations become more stringent. Greener vehicles will provide opportunities to charge higher rental rates and enable companies to boost their profit margin over the long term. Companies will also invest in technology like telematics and online systems to enhance efficiency and gain a competitive advantage.

Revenue is forecast to dip at a compound annual rate of 1.3% over the five years through 2024-25 to £33 billion. Revenue plummeted in 2020-21 as the pandemic dampened property management activity. Property managers enjoyed a sharp recovery in revenue during 2021-22, aided by soaring house prices amid low interest rates. In 2022-23, rent prices skyrocketed as landlords contended with rising interest rates and tax hikes. Competition for housing remained fierce in 2023-24, pushing up rental prices and supporting revenue for property managers. Despite this, revenue slipped overall as non-residential property transactions climbed, with new owners choosing to manage the properties themselves or refurbish or repurpose the property before leasing it out again. Revenue looks set to climb by 2.5% over 2024-25 as rents remain high. Build-to-rent sector growth has proved fruitful for property management companies. According to Knight Frank, in January 2025, more than 22,300 BTR homes were completed in 2024, marking a year of record delivery for the BTR sector. Revenue from the commercial sector is likely to grow, as companies may decide now’s a good time to upgrade their offices thanks to falling interest rates in 2024-25, lifting profit. Over the five years through 2029-30, property management services revenue is slated to swell at a compound annual rate of 2.4% to reach £37.1 billion. The rental market will continue gaining momentum amid upcoming regulatory changes, ramping up costs for landlords and driving commission fee income. House prices look set to remain high, at least in the short term, keeping some prospective homeowners in the rental market. Business confidence will remain somewhat constrained, though Capital Economics forecasts the base rate to fall to 3.5% by early 2026, which should boost investment volumes, increasing demand for property management services. The government's goal to construct 1.5 million homes by 2029 will benefit the industry. Approximately £3 billion of the £5 billion housing budget is earmarked for additional guarantees to SME house builders and build-to-rent developers, indicating ongoing government backing for the private sector. This support for housebuilding initiatives is set to broaden the client base available to property management companies, fostering revenue growth.