Kuwait Vehicle Leasing Business Will Grow More Than 9% From 2018-2023
Analyst at Ken Research suggests that demand for long term leasing services in the Kuwait will grow at a positive growth rate.
With slump in Oil and Gas sector in the past few years, the vehicle leasing industry have been increasingly focusing on non-oil sectors such as FMCG, Telecom, Healthcare, Logistics, Construction to boost their revenue and expand market share.
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Kuwait Long Term Vehicle Leasing Market
During the period 2013-2018, Kuwait vehicle leasing market grew at a positive growth rate. There were several factors that influenced the growth such as growth of end user industries, increase in number of new establishments, focus on non-oil sector end users and other factors. The growth in non-oil sector/industries and stable construc...