Asia Pacific Furniture Rental Market Size & Outlook
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Asia Pacific furniture rental market highlights
- The Asia Pacific furniture rental market generated a revenue of USD 15,174.6 million in 2022.
- The market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, bed was the largest revenue generating product in 2022.
- Wardrobe & Dressers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 15,174.6 million |
| Market revenue in 2030 | USD 28,706.1 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Bed |
| Fastest growing segment | Wardrobe & Dressers |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bed, Sofa & Couch, Table & Desks, Chairs & Stools, Wardrobe & Dressers |
| Key market players worldwide | Upbound Group Inc, Everest Group Ltd, Furlenco, Feather, RentoMojo, Brook Furniture Rental, Luxe Modern Rentals, Fashion Furniture Rental |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.2% of the global furniture rental market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 28,706.1 million by 2030.
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Furniture Rental Market Scope
Furniture Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fashion Furniture Rental | View profile | 101-250 | San Diego, California, United States, North America | http://fashionfurniture.com |
| Luxe Modern Rentals | View profile | 11-50 | Toronto, Ontario, Canada, North America | http://www.luxerentals.net |
| Brook Furniture Rental | View profile | 251-500 | Lake Forest, California, United States, North America | https://bfr.com |
| RentoMojo | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | https://www.rentomojo.com/ |
| Furlenco | View profile | 251-500 | Bengaluru, Karnataka, India, Asia | http://www.furlenco.com |
| Feather | View profile | 11-50 | New York, New York, United States, North America | http://www.livefeather.com |
| Everest Group Ltd | View profile | 2428 | 141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, Bermuda, HM 19 | https://www.everestglobal.com |
| Upbound Group Inc | View profile | 12970 | 5501 Headquarters Drive, Plano, TX, United States, 75024 | https://www.upbound.com |
Asia Pacific furniture rental market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to furniture rental market will help companies and investors design strategic landscapes.
Bed was the largest segment with a revenue share of 31.76% in 2022. Horizon Databook has segmented the Asia Pacific furniture rental market based on bed, sofa & couch, table & desks, chairs & stools, wardrobe & dressers covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Asia Pacific furniture rental market databook
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Our clientele includes a mix of furniture rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific furniture rental market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific furniture rental market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific furniture rental market size, by country, 2017-2030 (US$M)
Asia Pacific Furniture Rental Market Share, 2022 & 2030 (US$M)
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