£3.3bn
£XXX.Xm
11,918
1,025
£XXX.Xm
Over the five years through 2024-25, revenue is expected to contract at a compound annual rate of 1.3% to £3.3 billion. The industry's decline has primarily resulted from the pandemic, decimating truck rental and leasing activity. Large companies like the big supermarkets buying their own fleet have also weighed on the need for truck rentals.
Industry revenue has declined at a CAGR of 1.3 % over the past five years, to reach an estimated £3.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Dawsongroup plc | 215.7 | |
Contract Vehicles Ltd | 101.9 | |
Fraikin Ltd | 70.9 |
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Industry revenue is measured across several distinct product and services lines, including Trucks weighing 3.5 to 7.49 tonnes, Trucks weighing 7.5 tonnes only and Trucks weighing 7.51 to 18 tonnes. Trucks weighing 3.5 to 7.49 tonnes is the largest segment of the Truck Rental & Leasing in the UK.
Trucks weighing between 3.5 and 7.49 tonnes have benefitted from the growth of online sales
Firms in this industry rent and lease trucks and motor vehicles weighing more than 3.5 tonnes. The industry includes the renting or leasing of heavy goods vehicles or trucks with drivers.
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SIC 77.12 - Truck Rental & Leasing in the UK
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Including values and annual change:
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Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Truck Rental & Leasing in the UK industry in United Kingdom is £3.3bn in 2024.
There are 1,025 businesses in the Truck Rental & Leasing in the UK industry in United Kingdom, which has grown at a CAGR of 2.3 % between 2019 and 2024.
The market size of the Truck Rental & Leasing in the UK industry in United Kingdom has been declining at a CAGR of 1.3 % between 2019 and 2024.
Over the next five years, the Truck Rental & Leasing in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Truck Rental & Leasing market in United Kingdom are Dawsongroup plc, Contract Vehicles Ltd and Fraikin Ltd
Trucks weighing 32.1 tonnes and over and Trucks weighing 7.5 tonnes only are part of the Truck Rental & Leasing in the UK industry.
The company holding the most market share in United Kingdom is Dawsongroup plc.
The level of competition is high and increasing in the Truck Rental & Leasing in the UK industry in United Kingdom.