- The truck rental market is experiencing steady growth due to the increasing demand for transportation solutions across various industries. Businesses are opting for truck rentals to reduce ownership costs and improve operational flexibility
- The market is also benefiting from the rise of e-commerce and online retail, leading to a surge in logistics and delivery needs. As these sectors expand, the demand for rental trucks to manage inventory and transportation efficiently continues to grow
- Asia-Pacific is expected to dominate the truck rental market due to rapid urbanization, industrial growth, and the booming e-commerce sector, which drive the demand for efficient, flexible transportation solutions across the region
- North America is expected to be the fastest-growing region in the truck rental market during the forecast period due to the increasing demand for last-mile delivery services, the rise of e-commerce, and the widespread adoption of digital rental platforms in the logistics sector
- The light duty segment is expected to dominate the truck rental market with the largest share of 70.1% in 2025 due to its versatility and widespread use across various industries. Light-duty trucks are commonly used for smaller deliveries, local transportation, and short-haul operations, making them an attractive option for businesses needing flexible and cost-effective solutions.
