White Clarke Group's Global Leasing Report

White Clarke Group’s Global Leasing Report
by Ed White

The year 2010 proved to be pivotal for the international leasing market. Not only did the global market for leasing begin to emerge from recession – but the newly-emergent structure bore marked changes to its pre-recessionary format.

It was the year that Europe, as a region, slumped to second place for the first time since 2006 – forsaking its pole position to North America. The Europe region’s new business growth of 0.5% paled into insignificance compared to that of North America (+11.8%) – and indeed to the Asia region whose annual leasing growth rose by 31.7% during 2009-2010.

The Asia region increase was, of course, fuelled pre-dominantly by China, a country whose phenomenal industrial growth was displayed by equipment leasing growth of 50% over 2009 and 188.4% over 2008.

Other fascinating revelations about the fortunes of international leasing last year are contained in the latest White Clarke Global Leasing Report. Despite the promise of leasing growth in South America, in fact that region saw a decline in leasing of 15.9% compared to the previous year. Australia and New Zealand as a region suffered a 1% fall in growth despite seemingly recession proof over recent years.

The report also provides rare data including an up-to-date ranking of the top 50 leasing countries – with major positional changes revealed for the first time – as well as a comparison of new business equipment leasing market penetration both by leasing as a proportion of all fixed investment in plant and equipment, and as a relation to gross domestic product.

The report also highlights underlying trends in the international leasing industry and bravely seeks to predict the future of the market in the months to come.

Full Report:
http://leasingnews.org/PDF/Global_Leasing_Report.pdf

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