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The Van Hire market is a segment of the Commercial Vehicle industry that provides short-term rental of vans for a variety of purposes. These vehicles are typically used for transporting goods, materials, and personnel, and are often used for short-term projects or for businesses that require a temporary increase in their fleet size. The market is highly competitive, with a range of providers offering different types of vans, from small cargo vans to large panel vans.
The Van Hire market is also subject to seasonal fluctuations, with demand typically increasing during the summer months when businesses are more likely to require additional vehicles. Additionally, the market is affected by changes in the economy, with demand increasing during periods of economic growth and decreasing during periods of recession.
Some of the major players in the Van Hire market include Enterprise Rent-A-Car, U-Haul, Budget Truck Rental, Ryder, and Penske Truck Rental. Show Less Read more