Appliances Rental Market Share

APAC Market Forecast

The Asia-Pacific appliances rental market is predicted to the largest share of about 33% by 2037 impelled by a high refundable security amount along with the weekly rental amount deposit to the service provider. Asia-Pacific has shown positive growth in the appliance rental industry as the increase in the number of people residing away from their hometowns, leaving them with no option other than renting all these home appliances.

North American Market Statistics

The North America appliances rental market is estimated to be the second largest, during the forecast period led by the higher focus on the rising employment opportunities in this particular region, and this has resulted in an increase in the number of more people opting for an independent housing. This had also increased the demand for pocket friendly rental appliances addressing such lifestyle change.