What Are Furniture Rentals And Furniture Retailers?

Furniture Rentals And Furniture Retailers

Introduction Furniture rental startups have gained huge popularity recently. As renting furniture rather than buying it becomes a trend. They live in rental apartments there and it will be best for them if they find Cheap furniture rental also. Because it suits them well, as they are not going to stay there for a lifetime.

Furniture Rental In 2023 it is expected to have -2.7% project annual growth, based on records the furniture rental industry in the U.S. brings a profit of $89 million. There are almost 803 furniture rental companies in the U.S. running their business and 3 of them are the leaders of this market as they are earning 35% of total market revenue.

Furniture Retailers Looking at the retailed furniture market it brings about a profit of $2.8 billion and a revenue of $64.5 billion.

And it is expected to have 0.9% annual growth in 2023. There are about 29,207 furniture stores in the U.S. But two of them are considered as the leading brands of the furniture market.

Consumer Interest The furniture rental demand among the customers diminishing. Many new rental startups are another sign of the growing rental furniture market. Two of the well-known are Feather and Finish. Researchers from IBIS World states that most of the customers that rent furniture are millennials.

Contact Us 301-3174040 8840 Greenwood Place Suite A Savage, MD 20763 www.corporaterentals.com rentals@corporaterentals.com

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