Furniture Rental Market

Furniture Rental Market Size, Share, Growth Analysis, By Product(Bed, Sofa & Couch, Table & Desks, Chairs & Stools), By Application(Residential, Commercial), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG25F2043 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Furniture Rental Market Insights

Market Overview:

As of 2022, the global furniture rental market exhibited a substantial valuation of USD 52.05 billion. Looking ahead, the market is poised for steady growth, with a projected compound annual growth rate (CAGR) of 7.0% from 2023 to 2030. This anticipated expansion can be attributed to the rising trend of furniture rental services among consumers and businesses, driven by factors such as cost-effectiveness, flexibility, and the growing awareness of sustainable consumption practices. Additionally, the increasing number of transient populations and the desire for hassle-free furnishing solutions are expected to fuel the demand for furniture rental services during the forecast period.

Furniture Rental Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Home Furnishings by segment aggregation, the contribution of the Home Furnishings in Consumer Durables & Apparel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Furniture Rental was estimated to be valued at US$ XX Mn in 2021.

The Furniture Rental Market is estimated to grow at a CAGR of XX% by 2028.

The Furniture Rental Market is segmented on the basis of Product, Application, Region.

Based on region, the Furniture Rental Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Furniture Rental Market are Furlenco, Feather, Rentomojo, Brook Furniture Rental, Rent-A-Center, Luxe Modern Rentals, The Everest, Fernished Inc., Athoor, Fashion Furniture Rental.

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Furniture Rental Market

Report ID: UCMIG25F2043

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