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However, given prevailing inflation rates and dynamic consumer preferences, companies are renting or leasing capital equipment increasingly. The global leasing market is expected to grow 14.4% year-over-year to $1.36 trillion in 2021, and at an 8% CAGR over the next four years to $1.85 trillion in 2025.
Given this backdrop, we believe popular rental and leasing service providers Ryder System, Inc. (R), Rent-A-Center Inc . (RCII), Herc Holdings Inc. (HRI), and Triton International Limited (TRTN) should grow significantly in the near term.
