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

IBISWorld’s Consumer Electronics & Appliances Rental Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.


Industry Threats & Opportunities

  • Expansion and acquisitions have made the industry more concentrated
  • The industry was left relatively unscathed by the new financial regulatory reform
  • The constant introduction of new technologies will keep depreciation levels extremely high
  • Industry Analysis & Industry Trends

    consumers who lease or rent a variety of items, including televisions, refrigerators, computers, stoves and stereo systems. The industry usually caters to individuals with an immediate short-term need or those who desire to purchase these big-ticket items, but lack sufficient income or credit. The macro-economy plays a significant role in determining demand for industry services. When economic conditions are grim and consumer confidence is low, many consumers rent industry products as a way to put off purchasing until times improve. Conversely, during favorable economic times, higher levels of disposable income increase consumer spending on newer and more expensive industry items, for both renters and buyers alike.

    Industry Report - Industry Analysis Chapter

    The Consumer Electronics and Appliances Rental industry provides a variety of items, including televisions, refrigerators, computers, stoves and stereo systems, to consumers to rent or lease. Due to the fundamental difference between buying and renting, the macroeconomic climate affects the Consumer Electronics and Appliances Rental industry differently than traditional retail industries. Typically, customers who rent electronics and appliances do so either to fill an immediate short-term need or because they lack adequate funds or credit to purchase or finance industry goods outright. Due to this, the industry primarily caters to lower-income households and customers with subprime credit.

    Additional Insights for the Consumer Electronics & Appliances Rental Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Consumer Electronics & Appliances Rental Industry are

  • Use of Centralized Purchasing and Inventory
  • Effective repossession activities
  • Locations near customers
  • IBISWorld analysts also discuss how external factors such as Poverty rate and Access to credit in the Consumer Electronics & Appliances Rental industry impact industry performance..

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    Industry Products

    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 leases
    Appliance rentals and leases
    Computer rentals and leases

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Poverty rate
  • Access to credit
  • National unemployment rate
  • Per capita disposable income
  • Price of household appliances

  • Current Performance
  • Industry landscape
  • Beating the regulation drum
  • Expansion and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Credit conditions
  • Restructuring
  • Consolidation
  • Table: Consumer Electronics & Appliances Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Consumer Electronics & Appliances Rental Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Computer & Packaged Software Wholesaling
  • Heating & Air Conditioning Wholesaling
  • Refrigeration Equipment Wholesaling
  • TV & Appliance Wholesaling

  • Products & Services
  • Electronics
  • Appliances
  • Computers
  • Other
  • Chart: Consumer Electronics & Appliances Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Household incomes between $24,000.00 and $50,000.00
  • Household incomes between $15,000.00 and $24,000.00
  • Household incomes less than $15,000.00
  • Household incomes between $50,000.00 and $75,000.00
  • Household incomes greater than $75,000.00
  • Chart: Major Market Segmentation for the Consumer Electronics & Appliances Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesDepreciationWagesRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Consumer Electronics & Appliances Rental

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Consumer Electronics & Appliances Rental Industry

  • Industry Globalization
    Major Companies
    Rent-A-Center Inc.Aaron's Inc.
  • Table: Rent-A-Center Inc. - financial performance
  • Table: Aaron's Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Consumer Electronics & Appliances Rental Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Consumer Electronics & Appliances Rental Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Poverty rate (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Consumer Electronics
  • Durable electronics including TVs, media players and stereo equipment.
  • Rental-Purchase Agreement (Rent-To-Own Contract)
  • A type of flexible purchase agreement that enables a customer to take ownership of merchandise after an agreed-upon rental period.
  • Same-Store Sales
  • A retail measure used to assess the true performance of retail outlets by taking out the effect of new store openings and only looking at sales growth of existing stores.
  • Subprime Customer
  • A consumer with a poor credit score, typically including consumers with FICO scores lower than 640.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Consumer Electronics & Appliances Rental:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Consumer Electronics & Appliances Rental market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Consumer Electronics & Appliances Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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