Latest KDMI Report Explores Impact of COVID-19 Outbreak on Furniture Rental Market Forecast 2025 | KDMI

According to KD Market Insights the report provides a detailed and extensive analysis on global Furniture Rental Market 2025 that can be used to obtain a thorough understanding of the Furniture Rental industry, including the latest developments in the studied market. The report mainly studies the market size of Furniture Rental products/services, recent trends and status of growth, as well as investment opportunities, market dynamics (such as growth drivers, restraints), and industry news updates (such as mergers, acquisitions, and investments). The efficiency of the product/service will be further optimized by technical advancement and development, making it more broadly used in downstream applications.

The report includes the impact of the COVID-19 outbreak and offers an in-depth overview of the market shifts due to pandemic, as well as a precise assessment of the studied market growth outlook.

Rising E-commerce Marketplace in Furniture Rental Industry

With the increasing trend of online purchasing, the Furniture Rental products manufacturers are putting their product offerings on the online platform. The Furniture Rental industry is pursuing benefits from the rising e-commerce marketplace. Leading manufacturers & retailers are selling their products using the online sales channel and are raising the bar for their other digital capabilities. Apart from this, many manufacturers are focusing on various online media formats, including the mobile-based apps and social media handles & networking sites, in order to expand their digital presence. Further, the rising e-commerce marketplace is expected to provide immense growth opportunities for the market to grow over the upcoming years.

Increasing Demand for Rental Beds Segment

The furniture rental is likely to continue its exponential growth in the upcoming years. The rental trend for furniture is being accepted into almost every region, such as North America, Asia Pacific, Middle East, and other regions. Further, there is a rise in demand for rental beds segment, which is providing immense growth opportunities for the furniture rental market over the forecast period. Apart from this, the adoption of rental furniture is favoring those consumers who feel that these services are about both convenience and saving money.

Role of Furniture Rental in Relocation

Furniture rental eases the relocation stress for employees & families and helps to provide an alternative for shipment of costly household goods. Thus, the adoption of rental furniture among employees of the present generation due to the frequent change in job locations is expected to drive the growth of the global furniture rental market.

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Market Segmentation:

By Product:

– Chairs

– Beds

– Tables

– Sofas

– Desks

– Storage Units & Files

– Work Stations

– Others

By End Use:

– Residential

– Commercial

– Industrial

By Distribution Channel:

– Online Stores

– Offline Stores

Based on Geography, the global Furniture Rental Market is segmented into:

– North America (U.S. & Canada)

– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

– Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

– Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Aim of the study:

The study provides a detailed competitive landscape along with comprehensive analysis of product line, product innovation, technological development, business models, market share and size of global Furniture Rental Market. The report covers a study of recent industry trends, including product releases, mergers, acquisitions, alliances, joint ventures and collaborations. The study provides a futuristic understanding of business scenario for the 2020-2025 forecast period.

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Leading players of Furniture Rental Market are as follows:

  • Aaron’s, Inc.
  • JMT International
  • CORT
  • Rent-A-Center
  • Asia Furniture Rental
  • Brook Furniture Rental, Inc.
  • Kieraya Furnishing Solutions Pvt Ltd.
  • RentoMojo
  • Cityfurnish
  • Arenson
  • Others Key Players

The Following are the Key Features of global Furniture Rental Market Report:

  • Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
  • Growth Drivers and Barriers, Market Trends & Market Opportunities
  • Porter’s Five Forces Analysis & Trade Analysis
  • Market Forecast Analysis for 2020-2025
  • Market Segments by Geographies and Countries
  • Market Segment Trend and Forecast
  • Market Analysis and Recommendations
  • Price Analysis
  • Key Market Driving Factors
  • Furniture Rental Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

Key Questions Answered

  • What is the impact of Covid-19 on Global Furniture Rental Market and strategies for recovery?
  • What are the new trends influencing the growth of Furniture Rental Market?
  • How will revenue generation affect key players’ decision-making?
  • What are the major growth approaches used by players in the global Furniture Rental Market?
  • Which product holds the maximum share in relation to the current trends on the basis of the product type?
  • What are the regional tactics used for marketing their presence in a specific region by industry participants?

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