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

IBISWorld’s Consumer Electronics & Appliances Rental market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Locations Chapter

The Consumer Electronics and Appliances Rental industry generally serves less affluent customers who lack the credit and income to make large discretionary purchases like big-screen TVs. The Southeast region is home to the largest share of industry establishments at 30.1% in 2015, compared with the region accounting for 25.5% of national population. The average per capita disposable income is relatively low in the Southeast, compared with other regions of the United States. This creates a larger customer base for the industry in the Southeast since low-income consumers are the primary market. Population and economic growth in this region has been comparatively rapid over the past five years, supporting industry operations... 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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