Take a Seat: Growth in the Number of Establishments Will Likely Increase the Industry's Downstream Market Size.
Office Furniture Rental
Revenue for the Office Furniture Rental industry has trended upward over the five years to 2018. The industry is driven by a wide range of macroeconomic factors, such as the number of businesses operating domestically, the unemployment rate and the business sentiment index, all of which are expected to improve during the five-year period. Growth in the number of businesses stimulates demand for office furniture, and thus industry revenue. Over the five years to 2023, industry revenue is anticipated to continue rising albeit at a slower pace, bolstered by continued growth in the number of businesses. Growth in the number of businesses will increase the industry's downstream market size and thus provide a greater pool of businesses for operators to service.
This industry rents out office furniture to large and small businesses, as well as government entities. Rental furniture includes tables, chairs, desks, cabinets and other items.
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.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- CORT Business Services Corporation
Methodology
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