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Consumer Electronics & Appliances Rental in Connecticut

Author.Name IBISWorld United States Last Updated: April 2025 NAICS CT53221

Consumer Electronics & Appliances Rental in Connecticut industry analysis

The Consumer Electronics & Appliances Rental industry in Connecticut is expected to grow an annualized x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x% to xx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to decline -x.x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Consumer Electronics & Appliances Rental in Connecticut Market Research Report

What’s Included in the Consumer Electronics & Appliances Rental in Connecticut Market Research Report

Definition of the Consumer Electronics & Appliances Rental in Connecticut?

Companies within this industry rent or lease consumer electronics and appliances including DVD players, refrigerators, computers, stoves and TVs. 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.

What’s included in the Consumer Electronics & Appliances Rental in Connecticut?

The Consumer Electronics & Appliances Rental in Connecticut includes appliances, electronics, computers and household furnishings. Related terms covered in the Consumer Electronics & Appliances Rental in Connecticut industry report includes flexible purchase agreement that enables a customer to take ownership of merchandise after an agreed-upon rental period, durable electronics including tvs, media players and stereo equipment, a consumer with a poor credit score, typically including consumers with fico scores lower than 640 and a retail measure used to assess the true performance of retail outlets by taking out the effect of new store openings and only considering sales growth of existing stores.

Industry Performance of the Consumer Electronics & Appliances Rental industry in Connecticut

Benchmark the Consumer Electronics & Appliances Rental in Connecticut industry performance with all CT county and national performance.

Consumer Electronics & Appliances Rental in Connecticut

#34 in Highest Revenue 0.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Consumer Electronics & Appliances Rental in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Consumer Electronics & Appliances Rental industry in Connecticut

See how key industry drivers, such as population, unemployment rate, median houshold income, poverty rate, access to credit and national unemployment rate are impacting Consumer Electronics & Appliances Rental in Connecticut

Connecticut Economic Indicators

Population
Unemployment Rate
Median Houshold Income

View more economic information in CT State Economic profile

US Key External Drivers

Poverty rate
Access to credit
National unemployment rate

For the full list of industry drivers, see report purchase options.

County Data of the Consumer Electronics & Appliances Rental industry in Connecticut

Access proprietary data on county in the Consumer Electronics & Appliances Rental in Connecticut, such as Hartford County, New Haven County and Fairfield County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Consumer Electronics & Appliances Rental industry in Connecticut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Consumer Electronics & Appliances Rental industry in Connecticut in 2025?

The market size of the Consumer Electronics & Appliances Rental industry in Connecticut is $71.1m in 2025.

How many businesses are there in the Consumer Electronics & Appliances Rental industry in Connecticut in 2025?

There are 53 businesses in the Consumer Electronics & Appliances Rental industry in Connecticut, which has been declining at an average annual rate of -4.0% from 2020 to 2025.

Has the Consumer Electronics & Appliances Rental industry in Connecticut grown or declined over the past 5 years?

The market size of the Consumer Electronics & Appliances Rental industry in Connecticut has been growing at an average annual rate of 0.0% from 2020 to 2025.

How many employees in the Consumer Electronics & Appliances Rental industry in Connecticut in 2025?

There are 195 employees in the Consumer Electronics & Appliances Rental industry in Connecticut, which has been declining at an average annual rate of -4.7% from 2020 to 2025.