ERA expects 2.6% rental growth in 2015

By Helen Wright08 October 2014

The European Rental Association (ERA) has issued new forecasts for growth in the region's equipment rental market, with a trimmed outlook for 2015.

According to the ERA’s new European Equipment Rental Industry 2014 Report, which was produced in co-operation with IHS Global Insight, the total size of the European equipment rental market in 2013 was €22.6 billion, representing a 1.4% decrease compared to 2012 at 2013 exchange rates.

However, at constant exchange rates (2012), the ERA said the 2013 figure represented an increase of 1%.

The forecast for 2014 was for year-on-year market growth of 2.8% to €23.3 billion at constant exchange rates. This forecast was unchanged compared to the ERA’s previous estimates, which were released in June.

However, the new forecast for 2015 was for a year-on-year increase of 2.6% to €23.9 billion at constant exchange rates. This was lower than the previous forecast of 3.6% growth.

“As with the overall economy, national rental markets across Europe remain quite heterogeneous. The picture shows huge differences among countries in 2013 with maximum growth in UK at almost 10%, and maximum decrease in Poland, at -19%,” the ERA said.

The report is available from the ERA - email on for details.

Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Ritchie Bros to acquire SmartEquip
US$175 million deal will add e-procurement tool for parts to Ritchie’s equipment auctions
Materials shortages ‘won’t halt recovery’
Research from Dutch financial services group ING points to resilient construction market
Platform Basket double debut
Manufacturer’s new Spider 39T for utility tasks and the RR9/200 rail mounted platform will be on display at the GIS show
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail:
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: