Furniture Rental Market Size

Furniture Rental Market size was USD 59.9 billion in 2024 and is estimated to reach USD 149.5 billion by the end of 2037, expanding at a CAGR of 7.3% during the forecast period, i.e., 2025-2037. In 2025, the industry size of furniture rental is assessed at USD 64.2 billion.

The corporate sector is a major end user of furniture rental services, the companies rent furniture rather than purchase, especially to cut down infrastructure costs, during office relocations, or restructuring. This rental aspect enables businesses to maintain flexible workspaces without heavy capital investment in furniture assets. For instance, according to the Research Nester study, by 2037, the commercial segment is estimated to account for 60.9% of the rental furniture use.

Rent-A-Center a brand of Unbound Group, a leader in the furniture rental market revealed a total revenue earning of USD 1.06 billion in its third quarter 2024 report. Shared office spaces or co-working spaces are the most trending aspects benefiting furniture rental companies to earn high profits. Research Nester estimates that numerous people are working in co-spaces, driving sales of furniture rental services. Shared office spaces are designed to cater to various businesses, from start-ups to medium-sized enterprises and rental furniture is a perfect cost-effective option as these businesses can avoid long-term commitments and costly investments in office furnishing.