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The car leasing market size is forecast to increase by USD 55.3 billion at a CAGR of 9.24% between 2023 and 2028. The market is experiencing significant growth, driven by the trend towards vehicle performance, maintenance needs, comfort, and fuel efficiency. Off-lease cars are fueling the used car market, providing an affordable option for consumers. However, there are challenges to market expansion, including limited customer awareness and acceptance in semi-urban and rural areas. Additionally, the rise of car rental, short-term rentals, car sharing services, ride hailing applications, and subscription-based services like Car subscription services and Careem are disrupting traditional leasing models. These trends and challenges require leasing companies to adapt and innovate to remain competitive in the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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