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Home Furniture Rental - Industry Market Research Report

  • ID: 2105394
  • Report
  • October 2020
  • Region: Global
  • 49 pages
  • IBISWorld
Tight Squeeze: Rising Disposable Income Levels Are Expected to Hinder Industry Revenue Growth

FEATURED COMPANIES

  • Aaron's Inc.
  • Rent-A-Center Inc.

Home Furniture Rental

The Home Furniture Rental industry serves various customers who lease or rent furniture products, including bed frames, couches, dining room tables and a range of other home products. The industry largely caters to individuals with an immediate short-term need, such as college students, or those who lack the necessary income or credit to purchase these big-ticket items. This industry is countercyclical to the economy, performing well in difficult economic times, when consumer confidence is low and consumer spending is minimal. As a result, over the five years to 2019, industry revenue is anticipated to decline. Over the five years to 2024, per capita disposable income and the percentage of services conducted online are both anticipated to continue increasing. As more individuals become comfortable with renting furniture online before seeing the actual product, market share will continue to be siphoned from industry companies that operate brick-and-mortar locations.

The Home Furniture Rental industry includes companies that rent or lease household furniture to lessees and homeowners. Rental furniture includes dining room, living room and bedroom furniture, as well as lamps, tables and television stands. This industry does not include companies that primarily rent household appliances, electronics or office furniture. Additionally, this industry does not include online retailers or online sales from brick-and-mortar locations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aaron's Inc.
  • Rent-A-Center Inc.
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Rent-A-Center Inc.
  • Aaron's Inc.
  • CORT Business Services Corporation
Note: Product cover images may vary from those shown

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