The private parking market - Italy (2025)

1.2 The global private parking market

The value of the global private parking market in Italy shows steady growth from **** to ****. It goes from $*.** billion in **** to $*.* in ****, $*.** in ****, $*.* in ****, $*.** in ****, and finally $*.** billion in ****. Global private parking market value Italy,****-****,billion dollars Mordor Intelligence

1.3 The Italian private parking market

The Italian private parking market is based on the country'shigh rate of motorization and the growing demand for parking in historic centers. The graph shows the number of normalized transactions (***).

Boxes and parking spaces: national data and by territorial area Italy, ****, in units Revenue Agency

For boxes and parking spaces, the top five cities by size and inhabitants, where demand for parking spaces is highest, are taken inalysis. Specifically, purchases and sales in the fourth quarter of **** show a decrease in exchange volumes(***), while Rome shows a decline of about *%.

Boxes and parking spaces: the big cities Italy, ****, in units Internal Revenue Service

2.1 Overview of demand

According to an Istat survey, parking difficulty is one of the biggest problems that households experience in their daily lives, almost on par with the risk of crime. In a highly motorized country like Italy (***), the demand for parking spaces grows in step with the increase in vehicle ownership and circulation.

Survey: problems most widely felt by households in the area where they live Italy, ****, % Istat There is a wide availability of street parking in cities in Italy. This mode of parking, however, tends to be used in the so-called "blue stripes," given the chronic shortage of parking garages. Similar situation of verification abroad, where a recent article on the website Intertraffic, states that in the United Kingdom ** percent of parking spaces are on-street and a single stall occupies bem **.* square meters: an area that varies from country to country, but is always excessive. Elsewhere the situation is even more critical: in Mexico City, ** percent of new construction is parking. These data present a radical determinance for traffic trends in the various cities, as the presence of open parking lots has an extremely negative impact on traffic trends, as they slow down cars and increase road congestion, also having repercussions on ...

2.2 Determinants of demand

Car ownership in Italy between **** and **** shows gradual growth for both categories. Households with one car increase from **,*** thousand in **** to **,*** thousand in ****, with a steady increase after a slight decline in ****. The number of households with more than one car also increases, from *,*** thousand in **** to *,*** thousand in ****, with peaks in **** and a slight decline in ****.

Ownership of durable goods: one or more cars Italy, ****-****, thousands of units Istat

According to a survey conducted by Eurostat, the average number of cars per inhabitant increased from *.** to *.** in **** . In Italy, there is an increase of about* percent at the national level, standing at *.** cars per inhabitant (***). At the regional level, Italy places as many as four regions in the European top ten of territories with the highest number of cars per capita: the first place is covered by Valle d'Aosta. The latter leads among European Union territories for the number of cars per inhabitant, recording **** vehicles per thousand people. These numbers are favored by tax reforms that encourage the purchase of vehicles, an above-average per capita income, and the nature of the territory with many areas accessible only by car.

They are followed by Valle d'Aosta: the Autonomous Province of ...

2.3 A seasonal demand

In ****, search interest for the term "parking" in Italy shows strong fluctuations, with frequent drops to zero and significant peaks, such as the maximum recorded on September * with an index of ***. Other significant peaks are observed on July ** (***), followed by sudden drops.

Search interest for the term "parking" Italy, ****, Google Trend Index Google Trends

The map shows the geographic distribution of online interest in private parking in Italy in ****, as measured by the Google Trends index. Sicily clearly stands out with the highest value of ***, followed by Marche (***). In the north, Lombardy records **, Liguria **, while Sardinia, Veneto and Piedmont stand at **. Regions not colored on the map, such as Valle d'Aosta, Trentino-Alto Adige, Friuli-Venezia Giulia, Umbria, Molise, and Basilicata, do not report data, suggesting no or insignificant interest in "parking" research during the period under consideration.

2.4 Mobility in Italy

We decided to include this graph because it offers a clear view of the ways in which Italians travel to work, highlighting the predominant role of the private car (***). This figure is particularly relevant in a study of private parking, as it demonstrates the high potential demand for parking spaces related to daily car use. Understanding the weight of the car in home-to-work mobility allows for better contextualization of parking needs in urban and peri-urban areas, as well as justifying the focus on the development and efficient management of private parking infrastructure.

The percentage distribution of transportation use for commuting to work in Italy in **** is shown. The predominant mode is private car, chosen by **.*% of Italians, followed by bicycle and public transport with **.*%. Walking accounts for **.*%, while mopeds and other modes cover very low percentages, *.*% and *.*% respectively.

Use of different types of means to get to work Italy, ****, % Geopop

2.5

3.1 Market structure

To present the structure of the Italian market, we analyze * magnitudes related to ATECO code **.**.*: Parking and garage management.

Trend in the number of enterprises over the last * years Trend in the number of employees in the sector over the past * years Legal form of enterprises

Trend in the number of enterprises:

The graph shows the number of enterprises active in parking and garage management in Italy between **** and ****. After a slight decline in ****-**** (***), the sector has experienced steady growth, reaching *,*** in ****.

Number of enterprises active in the management of parking lots and garages Italy, ****-****, in number Istat

Trend in the number of employees:

The graph shows the trend in the number of employees employed in parking and garage management in Italy from **** to ****, expressed in thousands. After a peak in **** with **.** thousand employees, there is a steady decline to a low of **.** thousand in ****.

Number of employees employed in the management of parking lots and garages Italy, ****-****, in thousands Istat

Legal form of enterprises:

In ****, the predominant legal form of businesses active in parking and garage management in Italy was the limited liability company, accounting for ** percent of the total. Sole proprietors, freelancers and the self-employed made ...

3.2 Market structure and parking value chain

The diagram below proposes a summary of the operation of the value chain of the private parking market.

3.2 Main market players

The graph shows the turnover in **** of the main players in the private parking market in Italy, expressed in millions of euros. APCOA Italia S.p.A. is clearly the leader with ** million euros, followed by Saba Italia S.p.A. with ** million and EasyPark Italia with ** million. Arpinge, on the other hand, records a significantly lower turnover of *.*** million.

Main players in the parking market Italy, ****, in units Source: ****

The pie chart shows the market share of the leading companies in the private parking sector in Italy in ****. The percentages were calculated using the turnovers shown in the previous graph for the leading companies in the sector (***) is fragmented among other companies.

Market share of leading companies in the industry Italy, ****, in percent Source: ****

3.3 APCOA, a European leader in parking concessions

APCOA Parking is a Stuttgart-based group that is the leading parking management company in Europe. It manages nearly *.* million parking spaces in ** European countries, employing more than *,*** people. Its position as a market leader suggests the importance of its role in the market and to deepen its strategy and the innovation it champions.

In Italy it boasts a portfolio of *** artic ulated parking lots and rest areas, spread throughout the country, with a volume of **,*** parking spaces and an annual turnover in **** of ** million euros. With its consistent "asset light" business model, APCOA is the trusted partner that maximizes values for public and private entities. Its main office is located in Mantua, where it manages the main parking lot in the city center; other main operating locations are in Avellino, Bari, Bergamo, Bologna, Cagliari, Chiavari, Cuneo, Ferno (***), Foggia, Genoa, Lucca, Massa, Messina, Mestre, Milan, Mondovì, Palermo, Parma, Piacenza, Pistoia, Prato, Rapallo, Rho, Rome, Turin , and Verona.

The company places the customer at the center of its attention, offering multiple services including:

**-hour opening with staff presence Automatic and manual payment machines Info point with touch screen Car valet Payment by cell phone Different types of subscriptions Parking payment through Telepas

The ...

3.4 Medium and large players

FLORENCE PARKINGS S.P.A.

FIRENZE PARCHEGGI S.P.A. holds ** parking lots in Florence offer the widest choice of car and motorcycle parking in Florence. The company had a turnover of ** million euros in ****. For more than ** years, the company has operated an extensive network of paid parking lots with facilities located throughout the capital, close to all major points of interest.

The network has more than *,*** parking spaces including surface, underground, appurtenant and interchange parking spaces throughout the city, inside hospitals, population centers, exhibition complexes and markets. Features of the service are modern parking facilities, state-of-the-art video surveillance systems and access control.

MuoviAmo Parking

MuoviAmo Parking holds parking lots in Rome, Milan, and Florence. Specifically, it has ** parking lots in Rome, * in Milan, and * in Venice.

MuoviAmo Parking's parking lots are divided into automated parking lots with "Designa" access system, a system that provides access control through entry columns that dispense the ticket or through the reading of subscriber cards, and assisted parking managed with a specially designed software that manages automation and access control.

At the same time, the company also offers a wide range of routine maintenance, overhaul and inspection services aimed at ensuring excellent driving performance. ...

4.1 Overview of the offer

We can distinguish the supply of parking lots according to their different structure and according to their type or function.

Structure

Surface parking lots

Surface parking lots are parking lots on the same level, usually delimited by a fence, barriers, etc. This type of parking can be off-street or on-street. The main advantage of this type of parking is ease of access, as well as safety (***). However, it requires a significant investment considering the cost of land acquisition, and encourages urban sprawl.

Underground parking lots

Underground parking lots are parking lots located under buildings, either in the city or in the suburbs (***). They often have several levels, thus allowing significant savings on land investment. However, construction costs are often much higher, and underground parking lots are subject to a large number of regulatory requirements.

Multi-story parking lots

Multi-story parking lots are very similar to underground parking lots, the key difference being that the levels do not go below ground level, which saves heavy excavation work and costs.

Function

Another segmentation can be made by considering the specific function of parking lots.

Airport parking lots

Airport parking lots are characterized by high flows of cars and a wide variety of demands, from ...

4.2 The companies in the industry

Companies responsible for managing parking lots and garages are identified by ATECO code **.**.** (***).

Legal form enterprises in the parking and garage management sector Italy, ****, % Istat

The number of employees per active enterprises, broken down according to legal form, is presented below. The total number of employees in the sector in Italy in **** is **,***; most employees are concentrated in Limited Liability Companies(***).

Number of employees of enterprises active in the management of parking lots and garages Italy, ****, in units Istat

4.3 Costs and prices

Costs

The cost of building a parking garage is particularly high. In fact, over the past decade, even public works has had to rely on private resources by using construction to build almost all of the parking lots in the structure.

The construction cost alone for a medium-sized underground parking lot (***). The concessionaire must then bear all costs related to technical expenses, surveys, administrative paperwork, legal disputes, suspensions for archaeological finds, and various contingencies. The actual cost thus exceeds **,*** euros per parking space, and it is not uncommon for cases to reach **,*** euros and more.

Considering that the average hourly rate is around *.** euros net of VAT and that a parking lot is fully operational about *** days a year, assuming an average hourly occupancy rate of * hours a day we get a gross annual income of about *,*** euros per parking space. Quantifying, based on statistical data, the manager's operating costs and profit at *,*** euros, this leaves *,*** euros per year available to cover investment and financial interest, including the profit for venture capital. Since the standard duration of a concession is around ** years, it is easily verified that *,*** euros per year corresponds to the amortization of **,*** euros over ** years at an interest ...

4.4 Industry innovation: EasyPark

EasyPark is theleading application in Italy and Europe for what concerns paid parking on blue lines.

In fact, the company has developed a platform through which the entire parking payment process comes in digital form, offering the customer a smart and fast solution to an everyday problem such as paying for blue lines. In fact, the customer can now identify the area code without going to the parking meter, establish the beginning and end of the parking period, which can possibly be extended directly from their cell phone, wherever they are, or be interrupted early when they return to their car, and finally pay only for the parking actually consumed, in compliance with the rates set by the municipal administration.

The company offers two packages, EasyPark Large and EasyPark Small. The first is the ideal solution for those who spend at least €* per week on parking and has a fixed fee of €*.** per month. The second, on the other hand, is the perfect solution for those who park little: there are no fixed fees and you pay +**% on the total cost of parking, only when you use the service.

There are more than *** Italian municipalities where this service is available, a ...

5.1 Regulations

The focus of the law on the parking issue today is mainly on the issue of their circulation and, therefore, the increased commercial attractiveness and investment incentive in the market for parking areas. Next we find the main parking regulation regulations.

The Tognoli Law introduced "A second type of private parking (***).

In summary, there are:

a. appurtenant parking spaces in new buildings(***); b. parking spaces serving existing buildings and parking spaces on public spaces(***); c. parking spaces built in excess of the provisions ofArticle ** sexies of the Urban Planning Law.

Parking spaces serving existing buildings are provided for in Paragraph * of Article *. These are the parking lots that "Owners of buildings may realize in the subsoil of the same or in the premises located on the ground floor of the buildings (***) to be used as an appurtenance of individual building units, even in derogation of the urban planning instruments and building regulations in force. Such parking spaces may also be built, for the exclusive use of residents, in the subsoil of appurtenant areas outside the building."

Parking spaces on public spaces are, on the other hand, regulated by Paragraph * of Article * under review, according to which "Municipalities, after determining the criteria ...

6.1 Segmentation

• APCOA Parking France
• Interparking Italia
• Saba Italia
• EasyPark
• ADR Mobility S.r.l.