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.
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 allow 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.