Google was the most popular website for online reviews of multifamily rental properties as of the fourth quarter of 2023, concentrating 37 percent of all reviews. Usually, a property was reviewed on more than one website. Though Google had the most reviews, the properties reviewed on Modern Message had higher rating.

According to a report published by Future Market Insights, the online home rental market is poised to expand to a valuation of US$ 18.24 billion in 2023 and is anticipated to exhibit a CAGR of 14% from 2023 to 2033 and reach US$ 77.09 billion in 2033.

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Online Clothing Rental Market Size 2025-2029

The online clothing rental market size is forecast to increase by USD 1.16 billion at a CAGR of 7.1% between 2024 and 2029.

The growing e-commerce fashion industry is the key driver of the online clothing rental market, as consumers increasingly turn to online platforms and e-commerce retail for convenient, affordable access to apparel. 
An upcoming trend is the rising popularity of experiential marketing, where brands create memorable experiences to attract customers and increase engagement. However, a weak inventory management system is a key challenge, as it can lead to stockouts, delays, and poor customer experience, hindering the growth and efficiency of the market.

What will be the Size of the Market During the Forecast Period?

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How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Women
  Men
  Children


Type

  Formal
  Casual
  Traditional


Business Model

  Subscription based
  Standalone
  Peer to Peer


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan
    South Korea


  South America



  Middle East and Africa

By End-user Insights

The women segment is estimated to witness significant growth during the forecast period. The market is experiencing growth due to the increasing preference for renting occasion wear among women. With a growing awareness of sustainable fashion and reducing clothing waste, the market is projected to expand during the forecast period. Women's segment is expected to dominate the market as they prioritize clothing choices based on various occasions, including formal meetings, parties, weddings, and outdoor activities.

Renting allows them to access high-end formal clothes, luxury footwear, premium jackets, suits, and sports apparel for special events without the need for extensive purchasing. Online clothing rental also addresses the environmental concern of reducing textile waste by promoting the circular economy. This trend is particularly relevant for formal clothes, which are often worn only once or a few times, making rental an economical and eco-friendly alternative.

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The women segment was valued at USD 1.69 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 51% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is a significant and mature sector, driven by the well-established e-commerce industry and high Internet penetration in the region. With approximately 92% of the US population using the Internet in 2023, the United States is a major player in the global online market. companies in this market are differentiating themselves through various strategies due to the fragmented competition. Key growth factors include the high demand for premium and luxury clothing, the presence of fashion clusters, and the increasing consumer preference for sustainable clothing. The US dominates the market in North America.

Market Dynamics

In the dynamic world of retail, the shift towards online shopping portals has been a game-changer. The online retail industry, encompassing a vast array of product categories, has significantly impacted the fashion sector. Fashion vlogs and social media have fueled the demand for the latest trends, driving consumers to seek out the newest styles from the comfort of their homes. The film industry, too, has contributed to this trend, with actors and actresses frequently showcasing their red-carpet looks on social media. This has led to a growth in demand for luxury designer dresses, bridal wear, and formal clothing items from both consumers and garment manufacturers. Furthermore, fashion brands have responded to this shift by increasing their online presence, offering a wide range of clothing activities, from casual wear to men's wedding outfits, designer dresses, and international designer labels.

Consumers' fashion sense has evolved, with an emphasis on versatility and style, making online shopping a convenient and accessible solution. Fashion trends are no longer limited to specific regions or seasons, with consumers seeking the latest styles from around the world. Online shopping has made it possible for consumers to explore vario

Explore the Real Estate Rental Market trends! Covers key players, growth rate 7.4% CAGR, market size $3877.45 Billion, and forecasts to 2034. Get insights now!

According to Cognitive Market Research, the global Rent to Own market size is USD 93514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 37405.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 28054.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 21508.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 4675.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1870.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Real estate properties stand out as the dominant category. The dominance of real estate properties in the RTO market is driven by the desire for homeownership among individuals who may not qualify for traditional mortgages or prefer a more flexible path to ownership.

Market Dynamics of Rent to Own Market

Key Drivers for Rent to Own Market

Affordability and Flexibility of Payment Terms to Increase the Demand Globally

One of the key drivers in the rent-to-own market is the affordability and flexibility it offers in payment terms. Unlike traditional financing options, rent-to-own agreements allow consumers to acquire products without a large upfront payment. This payment flexibility makes it easier for individuals with limited savings or lower incomes to access products they need, such as furniture, appliances, or electronics. Additionally, the ability to spread payments over time without accruing interest can be attractive to consumers looking for budget-friendly options. This driver is particularly relevant in markets where access to credit is limited or where consumers prefer not to take on debt.

Desire for Ownership and Control to Propel Market Growth

Another significant driver in the rent-to-own market is the consumer's desire for ownership and control over the products they use. Rent-to-own agreements typically include an option for the consumer to purchase the product at the end of the rental period. This option provides consumers with a sense of ownership and control over the items, which can be appealing, especially for durable goods like furniture or electronics. Consumers may also value the ability to test a product before committing to purchase, ensuring that it meets their needs and preferences. This driver is particularly relevant in markets where consumers prioritize flexibility and the ability to change or upgrade products easily.

Restraint Factor for the Rent to Own Market

Limited Product Selection and Availability to Limit the Sales

One of the key restraints in the rent-to-own market is the limited product selection and availability compared to traditional retail channels. Rent-to-own companies often offer a narrower range of products, focusing primarily on big-ticket items like furniture, appliances, and electronics. This limited selection may not always align with consumer preferences or specific needs, leading to potential dissatisfaction among potential customers. Moreover, certain niche or specialized products may be unavailable through rent-to-own agreements, further restricting consumer choices. As a result, some consumers may opt for traditional retail options to access a broader range of products, thereby limiting the growth potential of the rent-to-own market.

Impact of Covid-19 on the Rent to Own Market

The COVID-19 pandemic has had a multifaceted impact on the rent-to-own market, significantly altering consumer behavior and market dynamics. On one hand, economic uncertainties and job losses have driven an increased demand for rent-to-own services as consumers seek more flexible payment options for essential items like furniture, appliances, and electronics. This surge in demand has been particularly evident among financially vulnerable populations facing income disruptions or credit constraints. On the other hand, pandemic-induced supply chain disruptions and operatio...

The apartment rental market in the United States has been stagnating since 2019, after increasing year-on-year for several years. In 2022, the estimated market size of apartment rental was 253.4 billion U.S. dollars, down from 255.3 billion U.S. dollars in 2021. In 2023, the market is forecast to further contract by one percent, reaching 251.1 billion U.S. dollars.

The Short Term Vacation Rental Market Report is Segmented by Accommodation Type (Apartments, Villas, Cottages, Houses, Cabins, and Condos), by Price Range ( Budget, Mid-Range, and Luxury), by Booking Channel (Online Travel Agencies, Direct Bookings ( Via Host Websites), and Offline Channels), by Region ( North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Report Offers Market Size and Forecast in Terms of Value in (USD) for all Above Segments.

Displacement risk indicator classifying census tracts according to apartment rent prices in census tracts. We classify apartment rent along two dimensions:The median rents within the census tract for the specified year, balancing between nominal rental price and rental price per square foot.The change in median rent price (again balanced between nominal rent price and price per square foot) from the previous year.Note: Median rent calculations include market-rate and mixed-income multifamily apartment properties with 5 or more rental units in Seattle, excluding special types like student, senior, corporate or military housing.Source: Data from CoStar Group, www.costar.com, prepared by City of Seattle, Office of Planning and Community Development

Explore the Power Rental Market forecasted to reach USD 12,898 Million in 2024, growing at a CAGR of 4.93% from 2024-2030. Discover key trends, market drivers, and competitive insights in our latest report.

The size of the Online Clothing Rental Market market was valued at USD 1.77 Million in 2023 and is projected to reach USD 2.80 Million by 2032, with an expected CAGR of 6.79% during the forecast period. The online clothing rental market is a dynamic and rapidly expanding segment within the fashion industry. This market enables consumers to rent clothing items temporarily, offering access to high-end, designer, and seasonal fashion at a fraction of the retail price. Renting provides an appealing alternative to traditional purchasing, particularly for those looking for versatility without the long-term commitment. This model resonates especially well with consumers interested in sustainable fashion practices, as it supports reduced consumption and helps cut down on textile waste. It’s a popular choice for events and occasions where consumers prefer not to repeat outfits, making it an ideal solution for weddings, parties, or business events. Several online rental platforms, like Rent the Runway, Nuuly, and GlamCorner, provide a range of clothing options from everyday wear to luxury items. These platforms often offer subscription services, enabling customers to rent multiple items at once and swap them out regularly. Through streamlined logistics and the convenience of digital platforms, companies can offer fast delivery and seamless return processes, enhancing the user experience. Recent developments include: July 2022: Rent the Runway joined forces with Saks Off 5th, integrating a dedicated "pre-owned" section on its website, enabling customers to access pre-owned designer items., April 2022: David Jones extended its collaboration with the fashion rental platform GlamCorner through the introduction of Reloop. This innovative venture by GlamCorner empowers customers to engage in the circular economy while making conscious shopping choices., May 2022: Nuuly unveiled its newest ready-to-rent collection, building on its previous collaborations with designers such as Anna Sui. Additionally, following the launch of its resale platform the year before, Nuuly continues to expand its offerings.. Key drivers for this market are: Sustainable Fashion Trend, Strategic Expansion With Respect To E-commerce Subscription. Potential restraints include: High Cost of Rented Apparel Maintenance. Notable trends are: Adoption of Subscription-based Services.

According to Cognitive Market Research, the global Heavy Equipment Rental market size will be USD 127154.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 38146.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 29245.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6357.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2543.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The construction application category is currently the fastest-growing segment within the heavy equipment rental market. This rapid growth can be attributed to the global surge in infrastructure development

Market Dynamics of Heavy Equipment Rental Market

Key Drivers for Heavy Equipment Rental Market

Surge in Infrastructure Development and Urbanization to Boost Market Growth

The heavy equipment rental market is being significantly driven by the rapid surge in global infrastructure development and urbanization. Emerging economies, in particular, are witnessing a robust increase in government and private sector investments in large-scale construction projects such as highways, bridges, and commercial buildings. This expansion in infrastructure requires high-capacity machinery, and rental services offer a flexible and cost-efficient solution, enabling companies to scale their equipment needs based on project demands. The ability to rent instead of purchasing reduces financial burdens, allowing construction companies to manage resources more efficiently in an increasingly competitive market. For instance, in December 2023, the Minister of Road Transport and Highways of India unveiled Asia's first construction machine powered by hydrogen by JCB, which is part of JCB's USD 100 million investment to reduce the carbon footprint in construction

Growing Preference for Operational Efficiency and Cost Reduction to Drive Market Growth

Another key driver is the rising focus on improving operational efficiency while minimizing capital expenditure. Purchasing heavy equipment not only requires significant upfront investment but also entails long-term costs associated with maintenance, storage, and depreciation. In contrast, renting machinery provides companies with the flexibility to access modern, well-maintained equipment without the financial burden of ownership. This trend is especially prominent among small to mid-sized construction firms, which can now compete with larger players by reducing overheads and focusing on project execution. Additionally, rental services provide access to the latest technologies, ensuring equipment is compliant with stringent environmental and operational regulations.

Restraint Factor for the Heavy Equipment Rental Market

High Operating Costs for Rental Companies, will Limit Market Growth

One significant restraint in the heavy equipment rental market is the high operating costs that rental companies face. These businesses must continually invest in acquiring and maintaining a diverse fleet of machinery, which includes regular servicing, repair, and storage expenses. Additionally, keeping up with the latest technological advancements and environmental standards can further strain budgets, as outdated equipment quickly becomes obsolete. The need to meet fluctuating demand, manage downtime, and address depreciation also impacts profitability, making it challenging for rental companies to maintain a cost-effective and sustainable business model.

Impact of Covid-19 on the Heavy Equipment Rental Market

The COVID-19 pandemic had a profound impact on the heavy equipment rental market, causing a temporary slowdown in demand due to halted construction projects and disruptions in supply chains. Strict lo...

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Compact Power Equipment Rental Market Size 2024-2028

The compact power equipment rental market size is forecast to increase by USD 2.09 billion at a CAGR of 6.3% between 2023 and 2028.

The market in North America is witnessing significant growth due to the expansion of the construction industry. The integration of advanced technologies such as telematics, fuel cells, batteries, and transformers in compact power equipment like pumps, generators, compressors, bulldozers, and power tools is driving the market growth. These technologies enhance equipment efficiency, reduce operational costs, and improve safety. However, operational challenges associated with compact power equipment rentals, including maintenance, transportation, and fuel management, continue to pose challenges for market growth. Influencers like HVAC, lighting, and HVACR industries are also adopting compact power equipment to meet their energy needs. The market is expected to witness further growth with the increasing demand for eco-friendly and cost-effective power solutions.

What will be the Size of the Market During the Forecast Period?

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The market encompasses a diverse range of machinery and tools, including engine-driven and electric power tools such as drills, polishers, woodwork routers, and screw drivers. This market plays a vital role in infrastructure development and maintenance by providing lightweight, efficient solutions for construction projects and various industries. The market's size is significant, with continuous growth driven by the increasing demand for specialized equipment that offers improved performance, lower emissions, and enhanced functionality. Rental services for generators, compressors, and other power equipment are increasingly popular due to their cost-effectiveness and convenience. Equipment tracking systems and online platforms, along with mobile applications, facilitate seamless rental processes and efficient inventory management.
The transition towards electric equipment, such as those powered by batteries, electricity, and fuel cells, is gaining momentum due to their environmental benefits and the advancements in electric motors, transformers, and battery technology. Overall, the market is a dynamic and evolving landscape that caters to the ever-changing needs of various industries and construction projects.

How is this Compact Power Equipment Rental Industry segmented and which is the largest segment?

The compact power equipment rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Electric power tools rental
  Engine-driven power tools rental
  Pneumatic power tools


Type

  Period rental
  Rent to own
  On-demand rental


Geography

  North America

    US


  Europe

    Germany
    France


  APAC

    China
    Japan


  Middle East and Africa



  South America

By Product Insights

The electric power tools rental segment is estimated to witness significant growth during the forecast period.

The market has experienced significant growth due to the increasing focus on environmental sustainability and the reduction of carbon emissions. Electric power tools, a key segment of this market, offer lower emissions and reduced noise levels compared to engine-driven alternatives. This makes them an attractive option for urban and noise-sensitive environments, driving demand, particularly in residential and commercial settings. Electric power tools are also lighter, easier to handle, and require less maintenance, making them suitable for a wide range of users, including DIY enthusiasts, contractors, and professionals. Rental services provide an accessible solution for end-users to utilize eco-friendly equipment without the long-term commitment of ownership.

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The electric power tools rental segment was valued at USD 2.24 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 31% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market is driven by the growth In the construction industry, particularly In the US. Despite federal spending cuts, the industry is projected to expand due to low housing loan interest rates and a pipeline of infrastructure projects. In Canada and Mexico, similar positive trends are anticipated. Infrastructure development is a

Explore the Consumer Goods And General Rental Centers Market trends! Covers key players, growth rate 8.2% CAGR, market size $264.5 Billion, and forecasts to 2034. Get insights now!

Vacation rentals encompass a broad range of property types, catering to diverse target markets. Homes and apartments remain popular choices, offering a home-like experience with furnished accommodations and kitchen facilities. Resorts and condominiums provide a more luxurious experience, featuring amenities such as pools, fitness centers, and concierge services. Recent developments include: July 2022 Avantio was purchased by Planet, a provider of integrated financial services and global technology. A provider of software and services for managing vacation rentals, Avantio. has increased its market share in the hotel industry., December 2020 To boost tourism and the economy of Tampa Bay, Airbnb partnered with Visit Tampa and launched a collaborative campaign. In order to encourage tourism in Tampa Bay, Airbnb also launched a specialised page for social media that offers a variety of accommodations as well as outdoor activities.. Notable trends are: Rising tourism sector to drive the market growth.

Vital statistics related to Ottawa’s rental housing inventory, including cost of rental housing of different sizes and locations.

Accuracy: No know issues. For a detailed description of the methodology and sources used to compile this data set, please refer to the Rental Market Analysis. Update Frequency: One-time dataset

Contact: Emergency and Protective Services – Public Policy Development Branch

The global farm equipment rental market size reached USD 58.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 88.9 Billion by 2033, exhibiting a growth rate (CAGR) of 4.6% during 2025-2033. The rising trend of agricultural mechanization, improved access to advanced technology without heavy investment, an increased demand for flexible farming solutions, rapid urbanization, rising sustainability concerns, the growing trend of precision agriculture, and increasing government support for mechanized farming are some of the major factors propelling the growth of the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on equipment type, drive, and power output.

Vacation Rental Market Report is Segmented by Booking Type (Home, Apartments, Resort/Condominium, Others), Booking Mode (Online and Offline), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The Market Sizes and Forecasts Regarding Value (USD) for all the Above Segments are Provided.

In 2024, Global Vacation Rental Market was worth USD 84.06 billion. It is projected to grow to USD 123.69 billion by 2032, at a 4.90% CAGR during 2024-2032