Overview

Well furnished: High household debt levels have encouraged consumers to rent instead of buy

The Furniture, Appliance and Equipment Rental market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth
2012 - 2017
1.6%
Annual Growth
2017 - 2022
Profit
Employment
19,790
Business
8,514

Industry Analysis & Industry Trends

The Furniture, Appliance and Equipment Rental industry has grown at a moderate rate in the past five years. The industry is partially counter-cyclical, as rental firms generally benefit from increased demand when economic conditions are uncertain or weak. Increased unemployment, growth in real household discretionary income and high household debt levels (particularly by historical standards) over the past five years have resulted in increased demand for rental goods due to the lower outlay required. Additionally, some larger industry operators have created new rent-to-buy options to compete with the retail sector. These products provide consumers with the ability to purchase goods after long-term rentals...

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Industry Report - Industry Investment Chapter

The industry is characterised by a high degree of capital intensity. As industry operators rent furniture, equipment and appliances, labour is needed only to facilitate business. To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Depreciation is used as a proxy for capital, while wages are used as a proxy for labour. In 2016-17, depreciation is estimated to account for 10.9% of industry revenue, with wages estimated at 25.5%. These show that approximately $0.43 will be invested in goods for rental, plant and equipment for each dollar required for wages. These figures are characteristic of a highly capital-intensive industry.

Capital intensity is not expected to change significantly over the next five years. How..

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Industry Products

What is the Furniture, Appliance and Equipment Rental Industry?

Companies in the industry rent out a variety of household goods, equipment, appliances and furniture to consumers and corporate clients.

Industry Products
Electronic equipment rental
Party equipment rental
Appliance rental
Furniture rental
Clothing rental
Other product rentals and sales
Industry Activities
Domestic appliance rental
Furniture rental
Sporting equipment rental
Computers and computer peripheral equipment rental
Electronic equipment rental
Suit and costume rental
Hand tools and DIY equipment rental
Bike, artwork, amusement machine and other household goods rental

Table of Contents

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 Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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