Industry Analysis & Industry Trends
The Consumer Electronics and Appliances Rental industry has remained relatively flat over the five years to 2014, due to continuing improvements in macroeconomic conditions, as negative economic conditions can translate to increased industry revenue. Additionally, as unemployment slowly declines and consumers gain more income, revenue is expected to fall. In the five years to 2019, the industry is forecast to hit a crossroads. Consumer spending will likely increase during the next five years, and the increase in consumer disposable income will limit industry growth. However, bitter consumer sentiment and tightened credit is expected to keep some patrons renting, aiding rental demand... purchase to read more
Industry Report - Industry Products Chapter
This industry rents out consumer electronics, appliances and computers on a weekly or monthly basis. Rental-purchase agreements typically allow the customer to purchase rented merchandise outright, though many companies require several days of rental beforehand. Aaron's, the second largest player in this industry, differs in that it allows customers to make outright purchases initially, blending retail and rental business models. Most of the products sold and rented by this industry have very short life cycles and rapid technological improvements.
Consumer electronics, the largest source of industry revenue, covers a broad range of gadgetry and accessories... purchase to read more