The White Clarke Group Global Leasing Report 2015 edition has just been launched and is available as a free download.
The North American region, which comprises the US, Canada and Mexico, remains the largest market, with new business volume of US$335.1bn. This represents a 37.9% share of the world trade in equipment financed through leasing and hire purchase.
The region is dominated by the US, the largest single market in the world, with a new business volume of US$317.88bn, greater than the combined performance of the subsequent four largest markets (China, Germany, UK and Japan). According to the Equipment Leasing & Finance Foundation (ELFF), portfolio performance surpassed its previous all time best in 2012.
The US’s key sectors by equipment type were transportation, computer equipment, agricultural and construction equipment, representing more than two thirds of new business volume.
Having recovered from the Global Economic Crisis, the leasing industry has now reverted to more modest growth. In response to tighter margins, and an erosion of the tax advantages of leasing, the industry is adopting innovative ways to finance equipment, blurring the boundaries between leasing and mainstream methods of finance.
The White Clarke Group Global Leasing Report continues a history of tracking the worldwide market for leasing products for more than 30 years. Download the 2015 Global Leasing Report and access definitive analysis of country trading environments and world trends in auto and asset leasing.
