The Consumer Electronics And Appliances Rental Global Market Report 2023, provides comprehensive information on the consumer electronics and appliances rental market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Consumer Electronics And Appliances Rental Market’s Growth:
The global consumer electronics and appliance rental market size is expected to grow from $59.59 billion in 2022 to $67.29 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer electronics and appliance rental market size is expected to reach $104.60 billion in 2027 at a CAGR of 11.7%.
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Product innovations are a key trend gaining popularity in the consumer electronics and appliance rental markets. Companies operating in the consumer electronics and appliance rental market are adopting new technologies to sustain their position in the market. For instance, in October 2022, AOTO Electronics Co., Ltd., a China-based provider of LED display solutions, launched the ‘Rental Design LED Panel-SW Series.’ It is uniquely designed to be rented out as an outdoor and indoor stage screen for events, trade shows, and theatre, and that aims to provide the perfect visual backdrop. It is suited to touring and ultra-large screen live event applications and with Quick Lock, Auto-Eject, and ergonomic handles, it allows for speedy installation and makes maintenance more convenient.
The consumer electronics and appliances rental market is segmented:
1) By Type: Home Appliances, Refrigerator, Air Cooler, TV (Television), Washing Machine, Others
2) By Distribution Channel: Online, Offline
3) By Application: Personal, Business
Asia-Pacific was the largest region in the consumer electronics and appliances rental market in 2022.
The table of contents in TBRC’s consumer electronics and appliances rental market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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