ERA has released an update to its 2020 Market Report, covering the period 2019 to 2022 and with new year on year estimates for rental activity, construction and GDP in each of the 15 countries of the Market Report.
Although the European equipment rental sector was severely impacted by the pandemic in 2020, the overall impact of the pandemic has proven to be less significant than what was expected in September last year. Looking ahead, relative inertia in the construction sector and expected pro-cyclical policies from governments this year will result in a better-than-expected outlook for the equipment rental industry.
To order a copy of the report, please contact the European Rental Association at [email protected].