The Car Leasing Market reached a size of USD 660.0 Billion in 2025 and is expected to grow to USD 1,019.9 Billion by 2034, exhibiting a CAGR of 4.95% during the forecast period of 2026-2034. Growth is driven by flexible lease options, increased leasing of electric and hybrid vehicles, and adoption of digital platforms to enhance customer experience and streamline leasing processes. The Car Leasing Market Size is expanding steadily as consumers and businesses increasingly prefer flexible, cost-efficient mobility solutions over traditional vehicle ownership. Car leasing offers advantages such as lower upfront costs, predictable monthly payments, access to newer models, and reduced maintenance responsibilities, making it an attractive option in both mature and emerging markets.

Across regions, Europe and North America remain leading markets, while Asia-Pacific is witnessing fast adoption due to urbanization and rising middle-class income levels. Overall, the Car Leasing Market Size is expected to increase significantly in the coming years, supported by evolving mobility trends, sustainability initiatives, and the growing appeal of flexible vehicle usage models.

Study Assumption Years

• Base Year: 2025

• Historical Year/Period: 2020-2025

• Forecast Year/Period: 2026-2034

Car Leasing Market Key Takeaways

• Current Market Size: USD 660.0 Billion in 2025

• CAGR: 4.95% (2026-2034)

• Forecast Period: 2026-2034

• Business lease represents the largest segment by type.

• Close ended lease accounted for the largest market share by lease type.

• Service providers include OEMs, bank affiliated, and NBFCs.

• North America is the largest regional market driven by demand for flexible mobility and corporate leasing.

• Growth is supported by rising popularity of flexible lease options, electric and hybrid vehicles, and digital leasing platforms.

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Key Players

• ALD Automotive (Société Générale Group)

• Arval BNP Paribas Group (BNP Paribas)

• Avis Budget Group

• Caldwell Leasing

• Ewald Automotive Group

• LeasePlan Corporation N.V.

• Lex Autolease Limited

• ORIX Corporation

• Sixt SE

• Wheels Inc.

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