Asia Pacific Furniture Rental Market, 2022-2030
The furniture rental market in Asia Pacific is expected to reach a projected revenue of US$ 28,706.1 million by 2030. A compound annual growth rate of 8.3% is expected of Asia Pacific furniture rental market from 2023 to 2030.
Revenue, 2022 (US$M)
$15,174.6
Forecast, 2030 (US$M)
$28,706.1
CAGR, 2023 - 2030
8.3%
Report Coverage
Asia Pacific
Asia Pacific Furniture Rental Market, 2017-2030 (US$M)
Global Market
Related Markets
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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Publish Date: Jun 25, 2024
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Furniture Rental Market Report
Furniture rental market report segmentation & scope
Furniture Rental Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Upbound Group Inc | View profile | 12,970 | 5501 Headquarters Drive, Plano, TX, United States, 75024 | www.upbound.com |
| Everest Group Ltd | View profile | 2,428 | 141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, Bermuda, HM 19 | www.everestglobal.com |
| Feather | View profile | 11-50 | New York, New York, United States, North America | www.livefeather.com |
| Furlenco | View profile | 251-500 | Bengaluru, Karnataka, India, Asia | www.furlenco.com |
| RentoMojo | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | www.rentomojo.com/ |
| Brook Furniture Rental | View profile | 251-500 | Lake Forest, California, United States, North America | bfr.com |
| Luxe Modern Rentals | View profile | 11-50 | Toronto, Ontario, Canada, North America | www.luxerentals.net |
| Fashion Furniture Rental | View profile | 101-250 | San Diego, California, United States, North America | fashionfurniture.com |
Asia Pacific furniture rental market report
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.
- Asia Pacific Furniture Rental Market Product Outlook (Revenue, USD Million , 2017-2030)
- Bed
- Sofa & Couch
- Table & Desks
- Chairs & Stools
- Wardrobe & Dressers
- Others
- Asia Pacific Furniture Rental Market Material Outlook (Revenue, USD Million , 2017-2030)
- Metal
- Wood
- Plastic
- Glass
- Others
- Asia Pacific Furniture Rental Market Application Outlook (Revenue, USD Million , 2017-2030)
- Commercial
- Residential
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific furniture rental market report, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific furniture rental market report from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Furniture Rental Market, 2017-2030 (US$M)
Asia Pacific furniture rental market statistics, by product, 2017-2030 (US$M)
