Working hard: A growth in the number of businesses will bolster revenue

IBISWorld’s industry research report on Office Furniture Rental can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Businesses will increasingly choose to rent to avoid costs associated with owning furniture
  • Revenue is anticipated to benefit from continued growth in the domestic economy
  • The tax benefits associated with leasing will likely continue to stimulate demand

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    Industry Analysis & Industry Trends

    Revenue for the Office Furniture Rental industry has trended upward since 2011. The industry is driven by a wide range macroeconomic factors, such as the number of businesses operating domestically, the unemployment rate and the business sentiment index, all of which are expected to improve during that timeframe. Growth in the number of businesses stimulates demand for office furniture, and thus industry revenue. Moreover, as the unemployment rate falls, demand for office furniture is anticipated to rise, as businesses require furniture for new employees. Due to these positive trends, IBISWorld expects industry revenue to grow over the five years to 2016. In the five years to 2021, industry revenue is anticipated to rise, bolstered by continued growth in the number of businesses...

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    Industry Report - Industry Analysis Chapter

    Over the five years to 2016, revenue for the Office Furniture Rental industry is expected to increase. Operators in the industry rent out office furniture, such as tables, chairs, desks and cabinets to businesses and government institutions. Industry revenue is expected to benefit from growth in the number of domestic businesses. Moreover, as hiring picks up and the unemployment rate falls, demand for office furniture is anticipated to increase, because businesses require furniture to accommodate new employees. Due to these positive trends, IBISWorld expects industry revenue to grow at an annualized rate of 2.4% to $338.8 million over the five-year period, lifted by an estimated 0.3% increase in 2016.


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    Additional Insights for the Office Furniture Rental Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Office Furniture Rental Industry are

  • Ability to attract local support/patronage
  • Ability to carry out credit checks on clients
  • Ensuring pricing policy is appropriate
  • IBISWorld analysts also discuss how external factors such as Number of businesses and Yield on 10-year Treasury note in the Office Furniture Rental industry impact industry performance..

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    Industry Products

    What is the Office Furniture Rental Industry?

    This industry rents out office furniture to large and small businesses, as well as government entities. Rental furniture includes tables, chairs, desks, cabinets and more.

    Industry Products
    Partitions and office systems
    Seating and individual desks
    Storage units, tables and other equipment
    Industry Activities
    Office desk rental or leasing
    Office table rental or leasing
    Office storage units rental or leasing
    Office desk extensions rental or leasing

    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
  • Number of businesses
  • Yield on 10-year Treasury note
  • Business sentiment index
  • National unemployment rate

  • Current Performance
  • Operational composition
  • Positive trends
  • External competition and profit trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Structural shift
  • Downstream market expands
  • Rising interest rates, profit trends
  • Table: Office Furniture Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Office Furniture Rental Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Information
  • Finance and Insurance
  • Professional, Scientific and Technical Services
  • Educational Services
  • Accommodation and Food Services

  • Key Selling Industries
  • Furniture Repair & Reupholstery
  • Furniture Stores
  • Furniture Wholesaling
  • Office Furniture Manufacturing

  • Products & Services
  • Seating and individual desks
  • Partitions and office systems
  • Storage units, tables and other equipment
  • Chart: Office Furniture Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Individual entrepreneurs and small and medium sized businesses
  • Government institutions
  • Large businesses
  • Chart: Major Market Segmentation for the Office Furniture Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Depreciation and purchases
  • Rent, utilities and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Office Furniture Rental

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Office Furniture Rental Industry

  • Industry Globalization
    Major Companies
  • Table: CORT - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Office Furniture 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 Office Furniture Rental Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of businesses (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Customer Relationship Management System
  • A system used to manage a company's communication and other interaction with existing and prospective clients.
  • Lease Rate Factor
  • The lease rate factor is used by furniture lessors to determine interest payments.
  • Rent-To-Own
  • A rental contract that carries the option for the renter to purchase an asset at the end of the rental period.
  • 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 Office Furniture 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 Office Furniture 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 Office Furniture Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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