The Market Reports

Synopsis

The global market for Trailer Leasing was estimated to be worth US$ 3959 million in 2024 and is forecast to a readjusted size of US$ 6551 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.

Trailer leasing refers to the practice of renting trailers for transportation and logistics purposes, typically for a fixed term. Companies in industries like freight, shipping, and distribution lease trailers to expand their fleet without the long-term financial commitment of ownership. This model offers flexibility, cost-efficiency, and the ability to scale operations based on demand. Leasing trailers can help businesses avoid maintenance and depreciation costs, while also allowing them to access newer models with advanced features, improving overall efficiency and safety in their transportation operations.

The reason for the historical demand is industry consolidation and a general shift from long-term to short-term leases. Early 2020 painted a picture of falling trailer rentals; however, more trailers were needed to store cargo due to factory and store closures following the pandemic's initial lockdown. E-commerce has also sparked major demand for LTL local deliveries, which has led directly to an increase in short-term trailer rentals.

In term of region, The United States Trailer Leasing market is the largest consumption country. China constitutes a 5.15% market share and will increase rapidly in the future,

As for product type, Long-term Leasing Dominate the whole market and it achieved USD 2.79 billion in 2024. Trailer Leasing enterprises continue to improve its industrial chain and expand its business scope, therefore a general shift from long-term to short-term leases, Short-term Leasing keep high growth rate at a CAGR of 7.47% over the forecast period.

Under the new crown epidemic, vaccine transportation must use refrigerated trailers to ensure the activity of vaccines, thus creating a huge demand for refrigerated trailers. The refrigerated trailer rental business has also developed rapidly.

This report aims to provide a comprehensive presentation of the global market for Trailer Leasing, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Trailer Leasing by region & country, by Type, and by Application.

The Trailer Leasing market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Trailer Leasing.

Market Segmentation

By Company

• TIP Trailer Services
• Ryder
• XTRA Lease
• Premier Trailer Leasing
• Star Leasing Company
• Walter Leasing
• Commercial Trailer Leasing
• Metro Trailer
• Heisterkamp
• Tri-State Trailer Leasing
• Southwest Trailer Leasing
• Compass Lease
• MILESTONE EQUIPMENT HOLDINGS
• Atlantic Trailer Leasing
• BS Trailer Services
• Stoughton Lease
• Valley Truck Leasing
• Cooling Concepts
• H&P Trailer Leasing
• AAA Trailer Leasing
• North East Trailer Services

Segment by Type

• Long-term Leasing
• Short-term Leasing

Segment by Application

• Consumer Goods and Retail
• Automotive
• Industrial
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.