Summary

The construction industry and the rental market, Poland's third pillar, are perfectly integrated. The construction industry is expanding quickly across a wide range of industries, thanks to subsidiaries of the European Union and outside investments. Renting in Poland should keep up with this trend, which is advantageous and sends out a good message. On the other hand, Poland is a "golden valley," and new rivals are arriving—many new players are setting up shop. It represents the reverse of the coin. Even the rate of market penetration has increased as a result. The levels of rental prices, which are already quite low due to the market's intense competition, are also immediately impacted.

In Poland, the construction rental equipment market is expected to significantly increase in the future. The expansion of airports and train stations in Poland is anticipated to increase demand for rental construction equipment. The demand for material handling equipment is expected to be driven by the government's energy policy in the coming years, which focuses on growing renewable energy production by 2030. The largest market share for construction equipment in Poland belongs to the earthmoving sector. In the earthmoving sector, excavators had the biggest market share in 2021. Excavators are anticipated to be in high demand in 2021 because of an increase in housing and civil engineering projects.

The market for renting construction equipment is divided into three categories based on the type of equipment used: earth movement, material handling, and road building and concrete. Earth movement equipment refers to motorised vehicles that are used to spread, haul, dig, or move earth or other materials. These tools, such as excavators, loaders, dozers, and motor graders, are frequently used to move or remove substantial amounts of soil as well as to lay foundations and design landscapes. The selection of earthmoving equipment is heavily influenced by the volume of material to be moved, the type of soil already present, and compaction issues. Due to the increasing infrastructure investments being made to upgrade public and private infrastructures, businesses that hire earthmoving equipment now have a chance. Earthmoving equipment is expensive and requires significant capital commitments for installation.

There are many suppliers of rental construction equipment in Poland, as well as agencies for renting the equipment. The effects of COVID-19 on the building and rental industries were minimal, just like in the Czech Republic and other Eastern European nations. Construction continued throughout the pandemic, unlike in southern and western Europe, and there was no total lockdown. Even though construction penetration rates are below 1% and market maturity is still low, one of the market's key characteristics is its considerable fragmentation, which provides the potential for larger firms to merge. Additionally, only 20% of the nation's entire rental and construction activity is concentrated in the Warsaw area, creating room for expansion nationwide.

COVID-19 impact:
In Poland, the construction rental equipment market is significantly affected by the pandemic because of minimal lockdown issues and a slight increase in COVID cases. After the COVID pandemic, the market is bouncing back for construction rental equipment.

Considered in this report
• Geography: Poland
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Poland Construction Rental market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By equipment Type:
• Earthmoving
• Material handling
• Concrete and road construction

By Application Type:
• Residential
• Non residential
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Construction Rental industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.