Consumer Goods and General Rental Centers Market Report 2025

The consumer goods and general rental centers market size has grown strongly in recent years. It will grow from $177.54 billion in 2024 to $193.29 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to economic conditions, housing market activity, construction industry health, seasonal demand, environmental regulations, consumer awareness.

The consumer goods and general rental centers market size is expected to see strong growth in the next few years. It will grow to $264.5 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to sustainability practices, e-commerce integration, circular economy initiatives, health and safety compliance, smart home device rentals. Major trends in the forecast period include supply chain innovations, subscription-based models, flexible rental terms, integration of technology, customer loyalty programs, collaborations with manufacturers.

With the increase in mobile phone and internet penetration, the widespread use of online portals and mobile applications for renting or leasing goods has become prevalent. These platforms provide users with interfaces to browse products and select the ones they wish to rent. The offerings on online leasing portals range from various types of products to platforms specializing in a single product. For example, PricewaterhouseCoopers reports that approximately 44% of US adults are familiar with the sharing economy, encompassing leasing. This market is anticipated to grow from $15 billion in 2014 to an estimated $335 billion by 2025.

The rising demand for construction activities is anticipated to drive the growth of the consumer goods and general rental centers market in the future. Construction involves assembling various components to create a structure based on a detailed design and plan. Consumer goods and general rental centers serve as valuable partners in the construction industry, providing cost-effective access to a wide range of equipment and tools. This partnership helps construction companies conserve capital, lower operational costs, and enhance flexibility in managing their projects. For example, in November 2023, the Office for National Statistics, a UK-based executive office of the UK Statistics Authority, reported that new construction orders in 2022 rose by 11.4% compared to 2021, reaching a record high of $98.62 billion (£80,837 million). Key contributors to this growth included private infrastructure, private commercial, and other public non-housing sectors, which saw increases of 85.1%, 10.2%, and 17.5%, respectively. Thus, the increasing demand for construction activities is expected to propel the growth of the consumer goods and general rental centers market.

Consumer goods and general rental centers are increasingly investing in marketing their products through How-to and DIY videos shared on online channels. These videos encompass do-it-yourself guides, tips on using their products, decorating, and furniture repair, along with comparative analyses of equipment and purchasing guides. Major companies such as Home Depot, Gillman Homecenter, Lowe’s DesignHub, Aaron’s, and Rent-A-Center are actively providing such valuable content to their online consumers.

Leading companies in the consumer goods and general rental centers market are adopting new technologies, such as online platforms and advanced interfaces, to enhance user experience and streamline operations. These technologies are increasingly utilized to simplify the rental process, improve user satisfaction, and provide convenient, on-demand access to a wide range of products. For example, in July 2023, Telerenta, a Romania-based electronics rental service for home users, introduced RentBox, a platform aimed at simplifying the search for rental properties. This platform connects landlords and tenants through a user-friendly interface, allowing for easy listing and searching of properties. RentBox provides comprehensive property listings with details on available amenities, pricing, and locations. Additionally, the platform offers services to facilitate transactions and communication between landlords and tenants, with the goal of making the rental process more efficient and transparent.

Major companies operating in the consumer goods and general rental centers market include The Home Depot Inc., SK Inc., Menard Inc., United Rentals Inc., Rent-A-Center Inc., Chep (USA) Inc., JCDecaux Group, Herc Holdings Inc., Sunbelt Rentals Inc., Aaron's Inc., H&E Equipment Services Inc., United Site Services Inc., Neff Rental LLC, BlueLine Rental LLC, HSS Hire Group plc, EVI Industries lnc., Ahern Rentals Inc., Sunstate Equipment Co. LLC, Compressor Systems Inc., 1-800-Pack-rat LLC, BigRentz Inc., Rental One, Red-D-Arc lnc.

Asia-Pacific was the largest region in the consumer goods and general rental centers market in 2024. Western Europe was the second-largest region in the global consumer goods and general rental centers market. The regions covered in the consumer goods and general rental centers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the consumer goods and general rental centers market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The consumer goods and general rental centers (equipment rental centers) market consists of revenues earned by entities that are engaged in renting out or leasing personal and household-type goods such as consumer electronics and appliances rental, formal wear and costume rental, videotape and video games rental, other consumer goods rental, audiovisual equipment rental, contractors and builders tools, and equipment rental. Establishments in this market generally provide short-term rental although, in some instances, the goods may be leased for longer periods of time. These establishments often operate from a retail-such as or storefront facility. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Consumer goods rental involves providing a location where essential consumer and homeowner products can be rented for a specified period. General rental centers offer the rental of various equipment, including construction tools, for a specified duration. These centers lease personal and household-type goods for short-term rental, although some goods may be available for longer-term leasing.

The main types of consumer goods and general rental centers (equipment rental centers) include public organizations, private organizations, and individuals. Public organizations refer to not-for-profit economic development groups or any non-profit organization that sponsors or promotes community or tourism activities and events. Private organizations and individuals are also involved in consumer goods and general rental services. These services cater to various needs, including electronics, healthcare, formal wear, costume video tape and disc, and recreational goods. Distribution channels for these rental services include both online and offline platforms.

The consumer goods and general rental centers (equipment rental centers) market research report is one of a series of new reports that provides consumer goods and general rental centers (equipment rental centers) market statistics, including consumer goods and general rental centers (equipment rental centers) industry global market size, regional shares, competitors with a consumer goods and general rental centers (equipment rental centers) market share, detailed consumer goods and general rental centers (equipment rental centers) market segments, market trends and opportunities, and any further data you may need to thrive in the consumer goods and general rental centers (equipment rental centers) industry. This consumer goods and general rental centers (equipment rental centers) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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