Global Home Furnishing Accessories Rental Market Outlook: Industry Analysis & Opportunity Evaluation 2017-2025

  • Product Code:
    RP-ID-10094791
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    683
  • Category:
    Service Industry
  • Publisher:
    Pub-ID-9

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

..

..

The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

The global Home Furnishing Accessories Rental Market reached USD 2,362.40 Million in 2018. In addition, the market is expected to garner USD 4,065.55 Million by the end of 2025 by registering a CAGR of 8.09% across the globe. The global demand for Home Furnishing Accessories Rental is increasing on the back of significant growth of service sector in the region. Transformation and generation of startup ecosystem in countries such as India, China, Malaysia, Singapore, Indonesia, Bangladesh South Africa, and Brazil is anticipated to further aid in lead generation for the home furnishing accessories rental market. Other factors such as rapid growth of hospitality industry, urbanization, rise in gross tourist turnout are catalyzing the growth of rental furnishings market over the forecast period.
The global online Home Furnishing Accessories Rental Market reached USD 872.22 Million in 2018. In addition, the market is expected to garner USD 1,571.43 Million by the end of 2025 by registering a CAGR of 8.887% across the globe. Rapid urbanization and increasing penetration power of online distribution channels in developing countries is coherently responsible for the growth of global online Home Furnishing Accessories Rental market over the forecast period.
Asia Pacific is slated to account highest share of 39.07% by 2025 in the Home Furnishing Accessories Rental market. The growth in the region can be attributed to the development in the economic conditions of India, China, Bangladesh and others resulting in significant growth of Home Furnishing Accessories Rental in the region. Europe is slated to account second highest share of 27.79% by 2025 in the Home Furnishing Accessories Rental market. The high concentration of urbanization in developing countries sustains the growth of Europe Home Furnishing Accessories Rental market.
By Product, the window rental segment is considered to be the fastest growing amongst the Home Furnishing Accessories Rental market over the forecast period with USD 717.48 Million in 2018 to USD 1,262.11 Million in 2025. Growth in the segment is transmuted on the account of rising trend towards use of window blinds since the past few years with the continuation of the trend in forthcoming years concurrently.
By Product, textile is considered to be the largest segment amongst the Home Furnishing Accessories rental market over the forecast period with USD 956.92 Million in 2018 to USD 1,637.41 Million in 2025


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

.

Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report
Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

Related Reports

-->