Global Leasing Report reveals nine years of continuous growth
The annual Global Leasing Report 2020, released by White Clarke Group in association with the World Leasing Yearbook, has revealed how nearly nine years of growth has shaped the market.
The report, which is available for free download, is the definitive guide to the world’s top 50 leasing markets and provides detailed analysis of country trading environments and trends in auto and equipment finance.
Highlights show that the global leasing industry has expanded by 131% in the past nine years, powered by Asia, North America and Europe, despite economic challenges.
The three regions make up 95% of the world’s total leasing volume.
The USA and China, the two countries with the largest impact overall on the Global Leasing Report ranking, have annual volume of $682.82bn, which outstrips that of all the other measured countries combined.
Smaller regions, such as Africa, have shown a steady decline in growth, the report reveals.
Brendan Gleeson, group chief executive officer of White Clarke Group, said: “The Global Leasing Report provides an invaluable insight into how the leasing market continues to demonstrate flexibility and innovation in the face of economic challenges and new technologies.”
The White Clarke Group Global Leasing Report features data on international leasing volume and growth by region, market penetration, GDP penetration ratios and market shares as well as a unique ranking of the top 50 leasing markets by size.
The Global Leasing Report provides consolidated insights from the 352-page World Leasing Yearbook, which contains additional tables and figures.
White Clarke Group is a global provider of end-to-end loan origination, servicing, collections and floorplan/wholesale finance technology for the automotive, consumer and equipment finance sectors.
Its clients include Toyota Financial Services, Volkswagen Financial Services, Daimler Financial Services, United Bank, LeasePlan, Hitachi Capital and Exeter Fina:
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