Furniture Rental Service Market Size, Business Segments, Innovative Strategies And Outlook by 2030 with Homat, Aaron’s, Rent-A-Center

PRESS RELEASE
Published August 23, 2023

Furniture Rental Service market report analyses top opportunities in the market and summarize the features that are and will drive the progress of the industry. Reports also focus on earlier growing patterns, growth drivers, and present and upcoming trends, and estimate the overall development of the global Furniture Rental Service market during 2023-2030.

The size of the worldwide Furniture Rental Service market, estimated at USD 72.50 billion in 2022, is expected to increase by USD 142.91 billion by 2030, registering a CAGR of 9.07% throughout the forecast period. Services that lend out furniture to consumers are known as Furniture Rental Services. 

Furniture for both homes and businesses is included. Usually, the rental firm delivers, assembles, and collects the furniture. The Furniture Rental Service market is extremely active and competitive, according to market analysis. Both new companies and some well-established firms compete in this market. The introduction of eco-friendly and sustainable furniture options, the integration of digital platforms for simple rental bookings and customization options, and the expansion of services beyond conventional home and office settings to include events, exhibitions, and hospitality are some key market trends.

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The Furniture Rental Service market, however, has a fair number of risks and challenges, just like any other sector of the economy. Economic instability is a key issue since it might affect customers’ willingness to spend on non-essential services like furniture rental during recessions. The demand for Furniture Rental Services can also be impacted by changes in the real estate and construction industries, particularly in the business and housing markets. The logistics and upkeep involved with having a sizable inventory of furniture pieces provide another difficulty. It may be difficult and expensive to keep rental furniture in excellent shape and to maintain a variety of styles and patterns to satisfy different consumer preferences.

Major players in the global market include: – Homat, Aaron’s, Rent-A-Center, Feather, Brook Furniture Rental, The Everset, Fernish, CORT, Luxe modern Rentals, Rentomojo, Fashion Furniture Rentals, Oliver Space, Inhabitr, CasaOne

Global Furniture Rental Service Market: Segment Analysis

The research report includes specific segments by region (country), company, type, and application. This study provides information about the sales and revenue during the historic and forecasted period

Furniture Rental Service Market segment by Type:

Homewares
Small Electronics
Decoration
Others

Furniture Rental Service Market segment by Application:

Commercial
Residential

Geographic Segmentation: –

1. North America (USA, Canada, Mexico)
2. Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
3. Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
4. South America (Brazil, Argentina, Columbia, Rest of South America)
5. The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

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Key Benefits of Furniture Rental Service Market Research: –
1. Industry drivers, restraints, and opportunities covered in the study
2. Recent industry trends and developments
3. Competitive landscape & strategies of key players
4. Potential & niche segments and regions exhibiting promising growth covered
5. Historical, current, and projected market size, in terms of value
6. Overview of the regional outlook of the Furniture Rental Service Market

If you need anything more than these then let us know and we will prepare the report according to your requirement.

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Table of Contents:
1. Furniture Rental Service Market Overview
2. Market Competition by Manufacturers
3. Production by Region
4. Global Furniture Rental Service Consumption by Region
5. Segment by Type
6. Segment by Application
7. Key Companies Profiled
8. Furniture Rental Service Cost Analysis
9. Marketing Channel, Distributors and Customers
10. Market Dynamics
11. Production and Supply Forecast
12. Consumption and Demand Forecast
13. Forecast by Type and by Application (2023-2030)
14. Research Finding and Conclusion
15. Methodology and Data Source

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