ERA – The European Rental Association AISBL
Avenue Jules Bordetlaan 142
B-1140 Brussels, Belgium
Phone: +32 2 761 1604 - Fax: +32 2 761 1699
email: email@example.com - www.erarental.org
The European Equipment Rental Industry 2008 Report
February 16th, 2009 (Brussels, Belgium) – The European Rental Association (ERA)
announces the publication of The European Equipment Rental Industry 2008 Report with
the most comprehensive data available to date on the European rental industry.
“The ERA set out to answer the simple question, “How big is the rental market in Europe?”
and today we know. This achievement gives us a new vision of our industry and
demonstrates ERA’s unique value to the rental industry both in Europe as well as globally.”
said Michel Petitjean, ERA’s Secretary General.
This groundbreaking report has been produced by ERA in cooperation with IHS Global
Insight. The European Equipment Rental Industry 2008 Report is the first report on the
equipment rental industry at a European level. It contains a country-by-country analysis over
11 European countries, and includes market size information and key ratios among which four
types of penetration rates. The report also contains forecasts for 2009 per country.
“Thanks to the combination of the study on 11 countries with the previous ERA estimates on
the remaining countries, we can now state that the European equipment rental industry
represents a total turnover of €33,6 billion in 2008, including rental with operators, and €24,4
billion excluding rental with operators. ” said Michel Petitjean.
Highlights of some of the key findings in the report include:
In 2008, the total size of the European equipment rental market was €33.6 billion. The
11 countries covered in the study represent €31.8 billion in 2008
- Of the €33.6 billion turnover, €24.4 billion are without operators and €9.2 billion are