Consumer Electronics & Appliances Rental in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Consumer Electronics & Appliances Rental Market Research Report | NAICS 53221 | Oct 2015

Bottom dollar: Poor credit conditions have actually boosted demand for rental outlets

The Consumer Electronics & Appliances Rental market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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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 Key Buyers Chapter

Concentration within this industry is medium, with the top two operators controlling 68.4% of industry revenue in 2015. Market share concentration has increased within the Consumer Electronics and Appliances Rental industry during the past five years. The number of operators with national scale and significant market share has declined since 2010, driven primarily by Rent-A-Center's acquisition of Rent Way, then the third-largest operator in the industry. This trend was also encouraged by the industry departure of some small operators during the recession. The two largest players in the industry have expanded organically over the past five years, using a combination of company-owned stores and franchising... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Consumer Electronics & Appliances Rental Industry?

Companies within this industry rent or lease consumer electronics and appliances including DVD players, refrigerators, computers, stoves and televisions. Most industry transactions are through rental-purchase agreements that enable customers to take ownership of merchandise after an agreed-upon rental period. Companies that primarily sell electronics and appliances on a retail basis are excluded from this industry.

Industry Products
Industry Activities
Consumer electronics rentals and leasesAppliance rentals and leasesComputer rentals and leases

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