According to the forecast, the logistic real estate sector in the United Kingdom (UK) will see continue increasing until 2025. In 2022 and 2023, rental growth is expected to accelerate, reaching an increase of between 2.2 and 3.9 percent in 2023. Over the five-year period, London is forecasted to measure annualized rental growth of 3.2 percent. In recent years, the logistics real estate market has been growing in terms of both investment and take up. 2019 and 2020 were marked by the coronavirus (COVID-19) crisis and finalizing Brexit negotiations but they also accelerated some trends in the market. With the growth of e-commerce and the online grocery market, there will be increasing demand for near-urban warehousing.

Rental rates for retail warehouses in the United Kingdom are forecast to see an annualized growth of 1.6 percent in the period between 2024 and 2028, according to a May 2024 forecast. Rents are expected to grow the fastest in 2026, at 1.8 percent. Over the five-year period, retail warehouses were forecast to generate an annualized total return of 8.3 percent. That was higher than the average return on investment for all commercial property types in the UK.

The annual headline prime rent costs per square meter for warehouses over 5,000 square meters in the occupier logistics markets in the United Kingdom has increased since 2014. In London, the annual rent for the properties of highest quality and specification and in the best locations amounted to 310 euros per square meter annually. This figure refers to the rent payable after rent-free periods and incentives, and excludes taxes and charges. After London, the capital of Norway, Oslo, was the city with the most expensive warehouse rents.

The United Kingdom (UK) is the most expensive European country for annual costs of prime industrial rent at about 300 euros per square meter of industrial space in London Heathrow per year in 2023. Switzerland, Norway, Ireland, Finland, and Luxembourg were the other European countries where the average annual cost of industrial prime rents in the capital city exceeded one hundred euros per square meter.

The prime rent for large warehouses over 100,000 square feet in the UK was 11 British pounds per square foot in 2023. However, in London, the South East, and East, rents were twice higher. Conversely, the North East was the region with the most affordable warehouse rent, with the prime rent per square foot amounting to 7.75 British pounds. What is the rental price for warehouses in Europe? The UK has some of the most expensive warehouse rents in Europe. Other key markets that fetched high prices were Oslo, Helsinki, Dublin, and Munich, with rents ranging between 100 and 200 euros per square meter. In Eastern Europe, prices were notably lower, with markets such as Katowice, Warsaw, and Bucharest, reporting rents below 60 euros per square meter. How are warehouse rents expected to develop in the next years? The industrial and logistics real estate sector has grown dramatically since the COVID-19 pandemic. Although growth is forecast to slow, rents in the sector are expected to continue to increase until 2025. Industrial real estate is anticipated to outperform offices and retail not only by rental growth but also in terms of capital value increase.

Across the major European industrial and logistics real estate markets, London had the highest rental rate in 2024. One square meter in a large, prime warehouse in London cost about 323 euros annually in the fourth quarter of the year. That figure reflects the rental cost after any rent-free periods or incentives, excluding taxes and charges, referred to as headline rent. Other markets with high rental rates were Helsinki and Oslo. What are the most important logistics hubs in Europe? London’s domestic and international connectivity, thriving business ecosystem, and access to a large consumer base make it one of the most important logistics hubs in Europe. Nevertheless, Birmingham achieved the highest take-up among the major European markets for three years in a row. Birmingham is part of the UK’s golden logistics triangle – an area between Birmingham, Northamptonshire, and Yorkshire that, due to its central location, is within a four-hour drive from 90 percent of the British population. Unsurprisingly, Europe’s three largest economies (the UK, Germany, and France) had the most active logistics investment markets. Combined, the three countries accounted for more than half of the total investment value in the sector. How profitable is warehouse investment in Europe? One of the key metrics for measuring the profitability of an investment is yield, or the rental income generated by the property as a percentage of its price. In Europe, yields for prime properties reached up to eight percent, but some markets, such as France and Germany, experienced much lower yields. Though low yields can be interpreted as low profitability, they are usually a sign of strong market fundamentals and sentiment. In conditions of economic growth and steady occupier demand, investors can expect rental and capital growth and are more willing to accept lower yields. On the other hand, when the macroeconomic conditions deteriorate, economic growth slows down, and borrowing costs increase, investors address the higher risk through higher yields.

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Europe Commercial Real Estate Market Size 2025-2029

The Europe commercial real estate market size is forecast to increase by USD 91.4 billion at a CAGR of 5.7% between 2024 and 2029.

The European commercial real estate market is experiencing significant growth, with increasing private investment flowing into the region. This trend is driven by a number of factors, including the economic stability of European countries, attractive yields compared to other global markets, and the continued demand for urban space. However, this growth is not without challenges. 
One major concern is the rising interest rates, which have the potential to increase borrowing costs for investors and potentially dampen demand. Despite this, opportunities abound for companies seeking to capitalize on the market's dynamics. For instance, there is a growing demand for sustainable real estate, as well as a shift towards alternative asset classes such as student housing, healthcare real estate, and hospitality real estate.
To navigate this complex landscape effectively, companies must stay informed of the latest trends and challenges, and be prepared to adapt their strategies accordingly. Overall, the European commercial real estate market offers significant opportunities for growth, but also requires a strategic and agile approach to succeed.

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The European commercial real estate market encompasses a diverse landscape of travel-restriction resilient sectors, including warehouses and fulfillment centers catering to the in e-commerce spending. Urbanization continues to drive demand for adaptable office spaces in metro cities, with a growing emphasis on sustainable designs and technology-driven solutions. The commercial sector is undergoing digitalization, with brokers and managers leveraging media portals to streamline transactions and enhance client experiences. The hybrid work model is shaping office occupancy trends, as middle-class consumers and the working-age population adapt to flexible work arrangements. Foreign investments remain strong, particularly in sectors like logistics and data centers.
Vacancy rates, rental rates, absorption rates, and property valuations are closely monitored indicators of market health. Architects and engineers are tasked with designing spaces that accommodate the evolving needs of businesses, from flexible layouts to energy efficiency. Overall, the European commercial real estate market exhibits activity and growth, with trends leaning towards digitalization, sustainability, and adaptability.

How is this market segmented?

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.

Type

  Rental
  Lease
  Sales


End-user

  Offices
  Retail
  Leisure
  Others


Geography

  Europe

    France
    Germany
    Italy
    UK

By Type Insights

The rental segment is estimated to witness significant growth during the forecast period. The European commercial real estate market is experiencing a significant shift, with the rental segment leading the way in 2024. Office rental growth in Europe accelerated to 1.8% quarter-on-quarter in Q3 2022, resulting in an annual increase of over 5%. Notably, the UK, Benelux markets, and peripheral Europe experienced the highest growth rates. However, investment markets are showing caution, as buyers hesitate to pay earlier price levels due to economic uncertainties, inflation, and finance rates. Urbanization and social distancing measures continue to impact commercial real estate, driving the need for adaptable office spaces and sustainable designs. The commercial sector is also undergoing digitalization, with technology-driven solutions, smart building technology, and data analytics gaining popularity.

Additionally, e-commerce spending and changing customer behavior are leading to increased demand for warehouses, fulfillment centers, and logistics facilities. The Middle-class consumers and the working-age population's digitization of work further fuel the demand for managed office facilities, collaborative spaces, and digital infrastructure. Key trends include hybrid work patterns, energy-efficient features, green building certifications, and sustainable construction methods.

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The rental segment was valued at USD billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

The Europe commercial real estate market is diverse, encompassing a wide range of property types, from office space leasing to industrial warehouse sites. Retail property deals and urban retail units remain a signifi

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Real Estate Market Size 2025-2029

The real estate market size is forecast to increase by USD 1,258.6 billion at a CAGR of 5.6% between 2024 and 2029.

The market is experiencing significant shifts and innovations, with both residential and commercial sectors adapting to new trends and challenges. In the commercial realm, e-commerce growth is driving the demand for logistics and distribution centers, while virtual reality technology is revolutionizing property viewings. Europe's commercial real estate sector is witnessing a rise in smart city development, incorporating LED lighting and data centers to enhance sustainability and efficiency. In the residential sector, wellness real estate is gaining popularity, focusing on health and well-being. Real estate software and advertising services are essential tools for asset management, streamlining operations, and reaching potential buyers. Regulatory uncertainty remains a challenge, but innovation in construction technologies, such as generators and renewable energy solutions, is helping mitigate risks.

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The market continues to exhibit strong activity, driven by rising population growth and increasing demand for personal household space. Both residential and commercial sectors have experienced a rebound in home sales and leasing activity. The trend towards live-streaming rooms and remote work has further fueled demand for housing and commercial real estate. Economic conditions and local market dynamics influence the direction of the market, with interest rates playing a significant role in investment decisions. Fully furnished, semi-furnished, and unfurnished properties, as well as rental properties, remain popular options for buyers and tenants. Offline transactions continue to dominate, but online transactions are gaining traction.
The market encompasses a diverse range of assets, including land, improvements, buildings, fixtures, roads, structures, utility systems, and undeveloped property. Vacant land and undeveloped property present opportunities for investors, while the construction and development of new housing and commercial projects contribute to the market's overall growth.

How is this Real Estate Industry segmented and which is the largest segment?

The industry 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.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK


  South America

    Brazil


  Middle East and Africa

By Type Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market encompasses the buying and selling of properties designed for dwelling purposes, including buildings, single-family homes, apartments, townhouses, and more. Factors fueling growth in this sector include the increasing homeownership rate among millennials and urbanization trends. The Asia Pacific region, specifically China, dominates the market due to escalating homeownership rates. In India, the demand for affordable housing is a major driver, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects catering to the needs of lower and middle-income groups. The commercial real estate segment, consisting of office buildings, shopping malls, hotels, and other commercial properties, is also experiencing growth.

Furthermore, economic and local market conditions, interest rates, and investment opportunities in fully furnished, semi-furnished, unfurnished properties, and rental properties influence the market dynamics. Technological integration, infrastructure development, and construction projects further shape the real estate landscape. Key sectors like transportation, logistics, agriculture, and the e-commerce sector also impact the market.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 64% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific region holds the largest share of The market, dr

The UK residential real estate market, valued at approximately £360.27 billion in 2025, is projected to experience robust growth, driven by several key factors. Strong population growth, particularly in urban centers, fuels consistent demand for housing, while low interest rates and government initiatives aimed at boosting homeownership further stimulate market activity. The market is segmented into apartments and condominiums, and landed houses and villas, with each segment exhibiting unique growth trajectories. Apartments and condominiums, particularly in London and other major cities, are expected to see higher demand due to affordability concerns and lifestyle preferences, while landed houses and villas continue to appeal to those seeking more space and privacy, particularly in suburban or rural areas. Competition among major developers such as Berkeley Group, Barratt Developments, and others influences pricing and construction activity. While challenges exist, such as fluctuating economic conditions and rising construction costs, the overall outlook for the UK residential real estate market remains positive. The market's performance is also influenced by broader economic factors, such as inflation and employment rates, and is likely to see regional variations, with London and the South East generally commanding higher prices. The market's growth is expected to continue through 2033, with a compound annual growth rate (CAGR) of 5.75%. This growth will likely be influenced by factors such as evolving demographic trends (including increasing urbanization and family sizes), government policies impacting the housing market, and technological advancements impacting the construction and sales processes. International investment continues to play a significant role, especially in prime London properties. However, the market is susceptible to external shocks, such as changes in interest rates or economic downturns. Understanding these factors is crucial for investors and stakeholders operating within the UK residential real estate sector. Market analysis suggests continued demand for sustainable and energy-efficient housing, influencing the development of future projects. This comprehensive report provides an in-depth analysis of the UK residential real estate market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this research offers invaluable insights for investors, developers, and industry professionals seeking to navigate this dynamic market. The report leverages extensive data analysis, covering key segments, emerging trends, and major players, to provide a clear understanding of market dynamics and future growth potential. High-search-volume keywords like UK property market, UK house prices, London property market, UK residential real estate investment, build-to-rent UK, multifamily UK, and UK housing market forecast are integrated throughout to ensure maximum online visibility. Recent developments include: May 2023: A UAE-based investment manager, Rasmala Investment Bank, has launched a USD 2bn ( €1.8bn) UK multifamily strategy for a five-year period to build a USD 2bn portfolio of UK residential properties. The strategy is focused on the UK market for multifamily properties through a Shariah-compliant investment vehicle, initially targeting the serviced apartment (SAP) and BTR (build-to-rent) subsectors within and around London. Seeded by Rasmala Group, the strategy is backed by an active investment pipeline for the next 12 – 18 months., November 2022: ValuStrat, a Middle East consulting company, increased its foothold in the UK by acquiring an interest in Capital Value Surveyors, a real estate advisory services company with offices in London. The UK continues to be one of the most established real estate markets worldwide and attracts foreign investors regularly. They are excited to expand their presence there to better serve all of their clients, both in the UK and the Middle East.. Key drivers for this market are: Demand for New Dwellings Units, Government Initiatives are driving the market. Potential restraints include: Supply Chain Disruptions, Lack of Skilled Labour. Notable trends are: Increasing in the United Kingdom House Prices.

The Pallet Pooling/Rentals Market Report is Segmented by Pallets Type (Plastic, Wood, Cardboard, and Metal), End-User Industry (Transportation & Warehousing, Food & Beverages, Pharmaceuticals, Retail, Manufacturing, Other End-User Industries), and Geography (North America [United States and Canada], Europe [France, Germany, Italy, Spain, United Kingdom, and Rest of Europe], Asia-Pacific [China, India, Japan, Australia & New Zealand, and Rest of Asia-Pacific], Latin America [Brazil, Mexico, Argentina, and Rest of Latin America], Middle East & Africa [United Arab Emirates, Saudi Arabia, South Africa, Egypt, and Rest of Middle East & Africa]). The Market Sizes and Forecasts are Provided in Terms Of Volume for all the Above Segments.

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Refrigerated Truck Rental Market Size 2024-2028

The refrigerated truck rental market size is forecast to increase by USD 2.19 billion at a CAGR of 4.83% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. Strict food safety regulations in the cold chain sector necessitate the use of reliable and efficient refrigerated trucks for logistics operations. The boom in e-commerce across developing economies is creating new opportunities for refrigerated truck rentals, as these vehicles are essential for ensuring the timely and safe delivery of temperature-sensitive goods. Furthermore, the emergence of truck-sharing models is reducing the upfront costs for businesses, making it an attractive option for those with occasional refrigerated transportation needs. However, the high maintenance costs associated with these vehicles can be a challenge for market growth. Additionally, the increasing focus on sustainable transportation and vehicle emissions regulations may lead to the adoption of alternative fuel vehicles in the future.

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The market is a significant segment within the freight transport industry, catering to the specific needs of businesses dealing with temperature-sensitive products. This market plays a crucial role in ensuring the timely and safe delivery of perishable goods, including fresh food products, frozen food products, plant products, essential commodities, and other sensitive goods. The temperature-controlled environment provided by refrigerated trucks is essential for maintaining the quality and freshness of these goods during transit. In today's market, the cold chain sector has gained significant importance due to the rise of online shopping and door-to-door delivery services.



Retail e-commerce platforms have increasingly relied on logistics services that offer rental refrigerated trucks to ensure the efficient and effective transportation of their perishable inventory. The market offers flexibility and convenience to businesses by providing multi-temperature compartment trucks. These trucks can accommodate various temperature requirements, ensuring that different types of perishable goods are transported under the appropriate conditions. The cold chain industry has seen a rise in demand for these trucks due to their ability to maintain the required temperature ranges for various temperature-sensitive products. The logistics services that provide rental refrigerated trucks have adopted mobile app-based ordering systems, making it easier for businesses to rent trucks on-demand.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Long term
  Short term


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    China


  South America



  Middle East and Africa

By Type Insights

The long term segment is estimated to witness significant growth during the forecast period.

In the cold chain sector, cold chain logistics plays a vital role in ensuring the safe and efficient transportation of temperature-sensitive goods. One cost-effective solution for businesses in need of refrigerated transportation is the use of refrigerated truck rentals. By opting for long-term rental agreements, businesses can avoid the substantial upfront costs associated with purchasing a refrigerated truck. Instead, they can allocate their funds toward other critical business investments. Moreover, the e-commerce sector's growth has led to an increased demand for sustainable transportation solutions, including refrigerated trucks. With vehicle emissions regulations becoming increasingly stringent, rental companies invest in maintaining their fleets to meet these standards.

This reduces the burden on individual businesses, as they do not have to worry about the high maintenance costs that come with owning a refrigerated truck. Long-term rental agreements offer predictable monthly expenses, allowing businesses to budget effectively. Furthermore, rental companies offer maintenance management services, ensuring that the trucks are always in good working condition. This not only saves businesses time and resources but also reduces the risk of unexpected breakdowns and delays. In conclusion, refrigerated truck rentals offer a financially sound solution for businesses in the cold chain sector. They provide access to reliable and efficient transportation without the need for a significant upfront investment.

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The long term segment was v

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Industrial Pump Rental Market Size 2025-2029

The industrial pump rental market size is forecast to increase by USD 3.25 billion, at a CAGR of 9% between 2024 and 2029.

The market is experiencing significant growth due to the increasing benefits of rental services. These advantages include cost savings, flexibility, and access to the latest technology. Service delivery innovation is another key trend in the market, as rental companies invest in advanced technologies and techniques to improve the customer experience. Pump rental growth is driven by the increasing focus on water management, sustainability, and water conservation strategies. However, operational challenges persist in the pump rental industry, including maintenance and repair issues, logistics, and safety concerns. Addressing these challenges will be crucial for market growth and competitiveness. Overall, the market for industrial pump rentals is poised for continued expansion, driven by these trends and the ongoing demand for reliable and efficient pumping solutions.

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The market encompasses a diverse range of equipment used for various applications, including slurry management, emergency response, water distribution, disaster relief, dewatering applications, irrigation, and water management. Market trends indicate a growing demand for pump rental services in sectors such as mining operations, oil and gas, wastewater treatment, commercial buildings, and infrastructure projects. 
Technological advancements in pump rental technology, such as energy-efficient pumps, process automation, and pipeline integrity management, are also contributing to market expansion. Industries relying on fluid handling equipment for water supply, water treatment, and environmental remediation continue to seek innovative pump rental solutions to optimize their operations and improve overall efficiency.

How is this Industrial Pump Rental Industry segmented and which is the largest segment?

The industrial pump rental industry 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.

End-user

  Industrial
  Water utility
  Construction


Type

  Centrifugal pumps
  Positive displacement pumps
  Others


Application

  Oil and gas
  Chemical
  Mining
  Power
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France


  North America

    Canada
    US


  Middle East and Africa



  South America

By End-user Insights

The industrial segment is estimated to witness significant growth during the forecast period.

Industrial pump rental services play a crucial role in various industries, including food and beverage, pharmaceutical, automotive, electronics and semiconductors, oil and gas, chemical, power, and mining. In construction projects, pump rental solutions are primarily utilized for dewatering and large-volume pumping to manage excess water or sludge generated during the construction process. In the oil and gas sector, rented pumps serve applications such as drilling mud management, mud and water separation, mud mixing and storage, fluid management, gas busters, water treatment, and filtration.

Advanced pumping technology, automation, and IoT integration enable rental services to offer flexibility, maintenance scheduling, and real-time condition monitoring, ensuring operational optimization and energy savings. Pump rental services cater to short-term requirements, allowing companies to save on capital expenditure and access the latest technological innovations without the purchase price of owned assets. Industries dealing with chemical fluids, water scarcity, and environmental compliance benefit significantly from eco-friendly, energy-efficient, and high-performance pump rentals.

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The industrial segment was valued at USD 3.5 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 38% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC held the largest market share in 2024, driven by strong industrialization in countries like China, India, Japan, and Australia. This growth can be attributed to the increasing investments in power, chemical and petrochemical, oil and gas, and food and beverage industries. APAC is home to some of the

The European commercial real estate (CRE) market, valued at $275.55 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.08% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing urbanization and population growth in major European cities like London, Paris, and Berlin are creating sustained demand for office, retail, and industrial spaces. Secondly, the ongoing shift towards flexible work arrangements and the rise of e-commerce are reshaping the CRE landscape, driving demand for modern, adaptable office spaces and strategically located logistics facilities. Furthermore, government initiatives promoting sustainable building practices and investments in infrastructure are contributing to market growth. However, economic uncertainties, interest rate fluctuations, and potential supply chain disruptions pose challenges to sustained growth. The market is segmented by property type (rental, lease, sales) and end-user (offices, retail, leisure, industrial, and others), with significant activity observed across key European markets including Germany, the UK, France, and Italy. Major players such as Blackstone, BNP Paribas, and others are vying for market share, employing diverse competitive strategies to capture opportunities within these dynamic segments. The competitive landscape is characterized by both established international players and regional firms. Large institutional investors are actively pursuing acquisitions and developments, while smaller firms specialize in niche markets or specific geographic areas. The success of individual companies hinges on their ability to adapt to changing market conditions, leverage technological advancements, and effectively manage risks associated with fluctuating property values and economic cycles. The forecast period of 2025-2033 anticipates continued growth, but careful consideration of macroeconomic trends and potential regulatory changes will be crucial for navigating the complexities of the CRE market. The presence of established players alongside emerging companies suggests a dynamic market with opportunities and challenges for all participants.

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Truck Rental Market Size 2025-2029

The truck rental market size is forecast to increase by USD 47.2 billion at a CAGR of 9.6% between 2024 and 2029.

The market in North America is experiencing significant growth, driven by various logistics trends and challenges. One key factor fueling market growth is the increasing demand for cost-effective logistics solutions among fleet operators in industries such as construction and e-commerce. This has led to the emergence of truck platooning and truck sharing as innovative solutions to reduce operational costs. Additionally, the adoption of advanced technologies like GPS, fleet management systems, electric trucks, and last-mile delivery solutions are transforming the industry. Wireless connectivity and LED lighting are also becoming essential features in modern trucks, enhancing safety and efficiency. Furthermore, the need for reliable support services, including insurance and maintenance, is crucial for ensuring smooth operations. As the market continues to evolve, staying updated on these trends and challenges is essential for businesses looking to thrive in the competitive truck rental landscape.

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The market encompasses the rental of various types of trucks, catering to diverse industries such as construction, logistics, and last-mile delivery. Market dynamics are influenced by several factors, including emission control rules, trade policies, and fuel prices. The construction industries continue to drive significant demand for truck rentals due to their cyclical nature and the need for flexibility in managing fleet sizes. In recent years, urban logistics and transportation on-demand have emerged as new growth areas, with startups disrupting traditional vehicle rental market models.
The logistics industry's shift towards eco-friendly trucks, such as electric and hybrid vehicles, is another trend gaining traction. Leasing options, including finance lease, full-service lease, personal leasing, enterprise leasing, OEM captive, commercial banks, and NBFCS, cater to both commercial and non-commercial customers, further expanding the market's reach.

How is the Truck Rental Industry segmented and which is the largest segment?

The truck rental industry 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.

Vehicle Type

  Light commercial vehicle
  Heavy commercial vehicle


Type

  Commercial use
  Personal use


Propulsion

  ICE trucks
  Electric trucks


Product Type

  Short term
  Long term


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Vehicle Type Insights

The light commercial vehicle segment is estimated to witness significant growth during the forecast period. Light commercial vehicles, which include pickup trucks and vans with a gross vehicle weight of up to 3.5 tons, are essential for transporting goods in urban areas. These vehicles are increasingly preferred over heavy commercial vehicles due to traffic congestion and the growth of the home delivery sector. Light commercial vehicles support various industries, such as construction and logistics, by delivering time-critical and high-value goods. The logistics industry and moving services industry are significant consumers of light commercial vehicles. Emission control rules and trade policies influence the market, with a shift towards eco-friendly trucks, such as electric and hybrid vehicles, becoming more prevalent.
Fuel prices also impact the market, driving the need for fuel-efficient vehicles. Logistics providers, including e-commerce platforms, warehouses, and distribution centers, require flexible transportation options for timely order fulfillment. Fleet operators and truck rental companies offer various lease options, such as finance leasing, full-service lease, and personal leasing, catering to both commercial and non-commercial customers. Big truck OEMs produce a range of light commercial vehicles, including small cargo vans, box trucks, pickup trucks, and larger moving trucks, with varying load capacities and sizes. Last-mile delivery and urban logistics are significant applications for light commercial vehicles. Telematics, GPS tracking, and online platforms facilitate efficient vehicle utilization and faster delivery times

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The Light commercial vehicle segment was valued at USD 26.80 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North Ameri

Rental rates for industrial real estate in the United Kingdom are forecast to see an annualized growth of 3.2 percent in the period between 2024 and 2028, according to a May 2024 forecast. Rents are expected to grow the fastest in 2024, at 3.8 percent. Over the five-year period, industrial real estate was forecast to generate an annualized total return of 8.5 percent - the highest return on investment of all commercial property types in the UK.

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Public Warehousing Market Size 2024-2028

The public warehousing market size is forecast to increase by USD 59.14 billion at a CAGR of 5.6% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. The increasing number of Small and Medium-sized Enterprises (SMEs) is driving demand for cost-effective warehousing solutions. Additionally, the rise in automation and implementation of smart warehousing solutions is improving operational efficiency and reducing labor costs. E-commerce platforms have significantly influenced the market, with third-party logistics providers offering comprehensive solutions to meet the unique requirements of e-commerce businesses. However, the shortage of skilled labor poses a challenge to market growth. To address this, companies are investing in training programs and automation technologies to enhance productivity and reduce reliance on manual labor. Overall, these trends are shaping the future of the market, offering opportunities for growth and innovation.

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The market encompasses multi-client facilities that offer general merchandise handling services, including contract storage, packing, and transportation services, for various industries. This segment of the logistics industry caters to businesses requiring flexible and scalable warehousing solutions. The market's growth is driven by the increasing demand for efficient and cost-effective warehousing solutions In the supply chain industry, particularly in e-commerce and omnichannel retailing. Public warehouses offer several advantages, such as access to advanced data analytics tools, cloud computing, automation, and artificial intelligence, enhancing operational efficiency and accuracy.



Additionally, the integration of robotics and third-party logistics services in public warehousing has led to the emergence of dedicated warehousing and contract logistics solutions, catering to specific industry requirements. The market's trends include the increasing adoption of technology-driven warehousing solutions, the growing importance of bonded warehousing, and the rise of private warehousing as an alternative to public warehousing for businesses with specific needs.

How is this Public Warehousing Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  General
  Specialized


Application

  Manufacturing
  Consumer goods
  Retail
  Healthcare
  Others


Geography

  APAC

    China
    India


  North America

    US


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By Type Insights

The general segment is estimated to witness significant growth during the forecast period.

Public warehousing refers to the rental of storage space from third-party logistics providers for businesses to store their general merchandise. This segment caters to various industries, including automotive and manufacturing, and stores non-perishable items such as apparel, raw materials, and consumer staples. These warehouses offer handling services, contract storage, packing, and transportation solutions, ensuring efficient inventory management and expanding distribution networks. Security concerns are addressed through advanced technologies and practices. The rise of omnichannel retailing and e-commerce necessitates on-demand storage solutions and short-term storage options for urban customers. Sustainability practices, including energy-efficient lighting and waste reduction, are increasingly important.

Automation and robotics are employed for handling and warehouse management systems, utilizing data analytics tools and cloud computing. Sensitive items require refrigerated warehousing, with companies like Lineage Logistics leading the way in sustainability practices and e-commerce platform integration. Public warehousing services cater to various industries, offering dedicated and multi-client warehousing solutions. Warehouse management systems, labor shortages, and carbon footprint reduction are ongoing concerns. The integration of automation, artificial intelligence, and robotics is transforming the industry.

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The general segment was valued at USD 102.89 in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 52% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the ma

London is the city with the most Airbnbs listings in the world at 156,511.

Rental rates for standard retail in the United Kingdom are forecast to see an annualized growth of 1.4 percent in the period between 2024 and 2028, according to a May 2024 forecast. Rents are expected to grow the fastest in 2026, at 1.5 percent. Over the five-year period, standard retail was forecast to generate an annualized total return of 6.5 percent. That was lower than the average return on investment for all commercial property types in the UK.

Across the major European industrial and logistics real estate markets, London had the highest rental rate in 2023. One square meter in a large, prime warehouse in London cost about 310 euros annually in the fourth quarter of the year. That figure reflects the rental cost after any rent-free periods or incentives, excluding taxes and charges, referred to as headline rent. Other markets with high rental rates were Oslo and Birmingham. What are the most important logistics hubs in Europe? London’s domestic and international connectivity, thriving business ecosystem, and access to a large consumer base make it one of the most important logistics hubs in Europe. Nevertheless, Birmingham achieved the highest take-up among the major European markets for three years in a row. Birmingham is part of the UK’s golden logistics triangle – an area between Birmingham, Northamptonshire, and Yorkshire that, due to its central location, is within a four-hour drive from 90 percent of the British population. Unsurprisingly, Europe’s three largest economies (the UK, Germany, and France) had the most active logistics investment markets. Combined, the three countries accounted for more than half of the total investment value in the sector. How profitable is warehouse investment in Europe? One of the key metrics for measuring the profitability of an investment is yield, or the rental income generated by the property as a percentage of its price. In Europe, yields for prime properties reached up to eight percent, but some markets, such as France and Germany, experienced much lower yields. Though low yields can be interpreted as low profitability, they are usually a sign of strong market fundamentals and sentiment. In conditions of economic growth and steady occupier demand, investors can expect rental and capital growth and are more willing to accept lower yields. On the other hand, when the macroeconomic conditions deteriorate, economic growth slows down, and borrowing costs increase, investors address the higher risk through higher yields.

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is forecast to increase by USD 427.3 billion at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant shifts driven by key trends and challenges. The flexible office segment is gaining popularity due to the increasing preference for remote work and the rise of coworking spaces. Digital transformation is another major trend, with the integration of artificial intelligence, smart buildings, and virtual reality in real estate. Additionally, modular and portable buildings are becoming increasingly common, particularly in the logistics and industrial sectors, due to their cost-effectiveness and flexibility. Moreover, the advent of smart cities is revolutionizing the commercial real estate landscape. Visual content and analytics are becoming essential tools for real estate developers and investors, providing valuable insights into consumer behavior and market trends.
Hence, the market is undergoing a digital revolution, with flexible offices, smart buildings, and virtual reality leading the way. The increasing emphasis on remote work and online shopping, coupled with the rise of smart cities, is driving market growth. The integration of artificial intelligence, data analytics, and industrial automation is enabling automation solutions to transform the industry and enhance productivity.

What will be the Size of the Commercial Real Estate Market During the Forecast Period?

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The market encompasses various property types, including offices, retail and hospitality, industrial and logistics, and multifamily. Current market dynamics exhibit activity, driven by the increasing demand for flexible workspaces, such as coworking spaces and conventional offices. Technology development plays a pivotal role, with virtual property tours and artificial intelligence enhancing the real estate consultancy process. Business owners in diverse sectors, from IT to boutique businesses, continue to lease or sell offices and industrial spaces. The Smart Cities mission propels the integration of technology into commercial real estate, fostering energy efficiency and improved tenant experiences. The overall size of the market remains substantial, reflecting the essential role of commercial real estate in driving economic growth. Data analytics and industrial automation are also critical components of this digital transformation, enabling automation solutions to streamline operations and enhance efficiency.

How is this Commercial Real Estate Industry segmented and which is the largest segment?

The commercial real estate industry 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.

End-user

  Offices
  Retail
  Leisure
  Others


Channel

  Rental
  Lease
  Sales


Geography

  APAC

    China
    India
    Japan


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  South America

    Brazil


  Middle East and Africa

By End-user Insights

The offices segment is estimated to witness significant growth during the forecast period.

The offices segment In the market is experiencing significant growth due to evolving work patterns and corporate demands. Flexible work arrangements, hybrid models, and technological integration are driving the need for adaptable and technologically advanced office spaces. Businesses prioritize contemporary workplaces to attract and retain talent. Co-working spaces like Regus and WeWork, offering flexible office solutions, are gaining popularity. Major corporations, such as Google and Amazon, are investing in innovative office designs that foster collaboration and employee satisfaction. The offices end-user segment is projected to expand from 2024 to 2028, reflecting the ongoing transformation of workspaces to align with modern business trends.

This shift includes the integration of technology, such as virtual property tours, artificial intelligence, data analytics, and virtual reality, into commercial real estate. Additionally, sectors like IT, engineering, manufacturing, e-commerce, start-ups, and hospitality, retail are key contributors to the market's growth. The stable economic environment further supports the expansion of commercial real estate, particularly in Smart Cities and the industrial and logistics sectors. Developers, flex space centers, and information technology companies are actively responding to these trends by providing flexible and technologically advanced office solutions.

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The offices segment was valued at USD 476.50 billion in 2019 and showed a gradual increase during the f