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.
In 2023, the index for residential rents in the euro area stood at 112.2 index points. Nevertheless, most European countries recorded a higher increase in rental prices. In Turkey, where inflation has been extremely high in recent years, the index soared to 405 index points. That means that the rents increased by 305 percent since 2015, the base year with index value of 100. Six other countries had an index value of over 150 index points, including Lithuania, Hungary, and Slovenia. Conversely, Greece was the only country where rents have declined since 2015.
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
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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.
Data Points | Key Statistics |
---|---|
Expected Market Value of Online Home Rental in 2023 | US$ 18.24 billion |
Anticipated Forecast Value of the Online Home Rental Market in 2033 | US$ 77.09 billion |
Projected Growth Rate of the Global Home Rental Market from 2023 to 2033 | CAGR of 14% |
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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!
The median rent for one- and two-bedroom apartments in San Francisco, CA, amounted to about 2,620 U.S. dollars at the end of 2023. Rents decreased drastically after the beginning of the coronavirus pandemic - by over 25 percent between December 2019 and December 2020. This trend reversed in 2021, and as of December 2021, the annual rental growth stood at 15 percent. Among the different states in the U.S., California ranks as the second most expensive rental market in 2023.
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.
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.
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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
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The North America power rental market size by value accounted for USD 4.49 billion in 2022, which is expected to reach USD 6.01 billion by 2029 growing at a CAGR of 4.24%.
As of October 2024, Cluj-Napoca had the highest rent for one-room apartments, on average, renting a studio apartment costs 400 euros per month. Arad was the most affordable city to live in on the given list — 220 euros per month, even reaching an average of 180 euros in January and February 2024.
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The short-term vacation rental market is expected to expand at a CAGR of 10.80% through 2034. The market value is projected to increase from US$ 1,35,258.3 million in 2024 to US$ 3,77,191.2 million by 2034. The short-term vacation rental industry share was valued at US$ 1,21,416.8 million in 2023.
Attribute | Detail |
---|---|
Short-term Vacation Rental Market Size, 2023 | US$ 1,21,416.8 million |
Estimated Market Size, 2024 | US$ 1,35,258.3 million |
Projected Market Size, 2034 | US$ 3,77,191.2 million |
Value-based CAGR, 2024 to 2034 | 10.80% |
Historical Analysis of the Short-term Vacation Rental Market and Future Outlook
Attributes | Details |
---|---|
Historical Market Value (2019) | US$ 83,840.20 million |
Short-term Vacation Rental Market Value (2023) | US$ 1,21,416.8 million |
Historical CAGR (2019 to 2023) | 9.70% |
Historical CAGR (2019 to 2023) | 9.70% |
---|---|
Forecasted CAGR (2024 to 2034) | 10.80% |
Country-wise Insights
Countries | CAGR (2024 to 2034) |
---|---|
United States | 5.90% |
Germany | 9.20% |
China | 14.60% |
India | 15.70% |
Australia | 9.70% |
Category-wise Insights
Top Accommodation Type | Resorts |
---|---|
Market Share (2024) | 40.40% |
Top Booking Mode | Online |
---|---|
Market Share (2024) | 59.40% |
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Global House Rent Prices by Country, 2023 Discover more data with ReportLinker!
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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!
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The Global Construction Equipment Rental Industry Report is Segmented by Vehicle Type (Earth Moving Equipment and Material Handling Equipment), Drive Type (IC Engine and Hybrid Drive), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecast for the Construction Equipment Rental Market in Value (in USD Billion) for the Abovementioned Segments.
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The global online clothing rental market is poised for substantial expansion, increasing from USD 2,604.9 million in 2025 to USD 6,388.8 million by 2035. The market is expected to grow at a CAGR of 9.5% from 2025 to 2035.
Metric | Value |
---|---|
Industry Size (2025E) | USD 2,604.9 million |
Industry Value (2035F) | USD 6,388.8 million |
CAGR (2025 to 2035) | 9.5% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 (2024 to 2034) | 8.5% |
H2 (2024 to 2034) | 9.9% |
H1 (2025 to 2035) | 10.5% |
H2 (2025 to 2035) | 8.4% |
Per Capita Spending on Online Clothing Rental - Top 5 Countries
Countries | Population (millions) |
---|---|
United States | 345.4 |
United Kingdom | 67.7 |
China | 1,419.3 |
France | 64.6 |
Australia | 27.0 |
Countries | Estimated Per Capita Spending (USD) |
---|---|
United States | 3.25 |
United Kingdom | 2.80 |
China | 2.50 |
France | 2.60 |
Australia | 2.45 |
Country-wise Insights
Countries | CAGR (2025 to 2035) |
---|---|
USA | 7.4% |
Canada | 4.7% |
UK | 6.8% |
China | 12.2% |
India | 18.6% |
Category-wise Insights
Product Type | CAGR (2025 to 2035) |
---|---|
Ethenic Wear | 7.3% |
End User | CAGR (2025 to 2035) |
---|---|
Business-to-Consumer (B2C) | 10.6% |
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The robust growth of the United States Rent-To-Own Market in the coming years is largely driven by tightened lending standards prevalent among major and subprime lenders. This trend is compelling individuals to seek alternative avenues for accessing essential items such as appliances and computers, fueling the demand for rent-to-own services. The market valued around USD 12.31 Billion in 2023 and it is evident that consumers are increasingly turning to rent-to-own arrangements to fulfill their needs amidst stringent lending conditions. Thus, regulations surrounding rent-to-own in the United States is anticipated help the market grow at a CAGR of around 6.77% from 2024 to 2031.
The accelerating pace of growth in the United States Rent-To-Own Market is underscored by Verified Market Research, with substantial expansion witnessed in recent years and further anticipated in the forecasted period spanning from 2024 to 2031. The significant upward trajectory expected in the market is highlighted by the projected value of approximately USD 19.39 Billion by 2031. As flexible solutions for accessing essential goods without the burden of immediate ownership continue to be sought by consumers, the rent-to-own market is poised to flourish, catering to evolving consumer preferences and economic conditions.
United States Rent-To-Own Market: Definition/Overview
The United States Rent-to-Own Market involves tangible goods being leased with the option for eventual purchase. Regular installment payments, resembling renting, include a portion designated for potential ownership, making this option particularly attractive to individuals lacking upfront capital, conventional financing, or a robust credit history required for outright purchases. Flexibility and accessibility are offered by Rent-to-Own agreements, catering to a segment of the population that may otherwise struggle to acquire needed goods or properties.
Traditionally, Rent-To-Own agreements were primarily focused on real estate transactions, but the modern rent-to-own industry encompasses a broader spectrum, including furniture, appliances, electronics, and even jewelry. The proliferation of e-commerce platforms is anticipated to significantly bolster market revenues, as enticing deals and convenience are offered to consumers by these platforms. Additionally, substantial potential exists within the Hispanic market as loyal rent-to-own customers. Despite a low unemployment rate, dwindling consumer disposable income has led to hesitancy in committing to new property rentals. Several trends, including the surge in international migration, the emergence of the Kiosk model offering low-risk entrepreneurial opportunities, and a declining US homeownership rate, are poised to influence growth. Rent-to-own contracts, also known as “lease purchase,” provide prospective buyers with the opportunity to lease a home with the option to buy it later, contributing to a pathway to homeownership for individuals who may not qualify for traditional mortgages or lack immediate means to purchase the property outright.
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The global cranes rental market is poised for substantial growth, with a projected valuation of US$ 48.8 billion in 2023. This upward trajectory is attributed to several factors, including the surge in demand for rental cranes.
Data Points | Key Statistics |
---|---|
Cranes Rental Market Value (2023) | US$ 48.8 billion |
Cranes Rental Market Projected Value (2033) | US$ 95.8 billion |
Cranes Rental Market CAGR (2023 to 2033) | 7.0% |
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According to Cognitive Market Research, The Global Dumpster Rental market size is USD 5.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2023 to 2030.
Continuous construction and demolition activities drive the Dumpster Rental Market's demand, with expanding projects and infrastructure developments necessitating efficient waste disposal solutions.
Environmental Conservation-Driven Regulations Propel Demand for Dumpster Rental Services, Fostering Regulatory Compliance and Sustainable Waste Management.
The Industrial segment, covering manufacturing, construction, and heavy industrial operations, leads the Dumpster Rental Market's rapid expansion due to increased demand for effective waste management.
North America will continue to lead, whereas the Asia Pacific Dumpster Rental market will experience the strongest growth until 2030.
Construction Activity Propels Dumpster Rental Demand
The dumpster rental market is the continuous demand stemming from construction and demolition activities. With the ongoing expansion in construction projects and infrastructure developments, there is a parallel increase in the need for efficient waste disposal solutions. Heightened construction activity generates substantial waste materials, compelling the utilization of dumpsters for systematic waste removal. This driver's robustness is closely tied to the overall health of the construction sector and the pace of urban development, as an upswing in building projects serves as a direct catalyst for the heightened demand for dumpsters, underscoring their pivotal role in waste management within these industries.
Growing Regulatory Concerns to Boost the Dumpster Rental Market Growth
Stringent waste management regulations, stemming from a growing global emphasis on environmental conservation and the adverse effects of inadequate waste disposal, exert a significant impact on the Dumpster Rental Market. These regulations, designed to enforce responsible waste management practices, have a profound effect on businesses and construction sites. They face a compelling need to align with these regulatory standards to avoid legal repercussions and uphold their environmental responsibilities. Consequently, the demand for dumpster rental services experiences a notable upsurge as they emerge as a practical and essential solution for meeting these stringent requirements. Additionally, these regulations elevate the dumpster rental sector's significance by emphasizing its role in facilitating regulatory compliance and promoting sustainable waste management practices.
Application of Dumpster in construction industry drives rental services demand
Market Dynamics of the Dumpster Rental
Roadblock for Dumpster Rental Market to Limit its Expansion
The presence of rigorous environmental regulations and waste disposal laws poses a significant restraint on the dumpster rental industry. These regulations necessitate responsible waste management practices and disposal methods, obliging companies to adhere to precise guidelines strictly. Consequently, dumpster rental firms encounter elevated operational expenses in their quest to meet these stringent environmental standards, adversely affecting their profitability. Moreover, the financial burdens and complexities imposed by these regulations act as formidable entry barriers for new market players, thereby impeding competition and limiting the industry's growth potential. Any lapses in regulatory compliance could result in legal ramifications, including fines and legal disputes, further exacerbating the challenges faced by businesses operating in the dumpster rental sector.
Impact of COVID–19 on the Dumpster Rental Market
The market for dumpster rentals was impacted by COVID-19 in a number of ways. These included modifications to business operations, building and remodeling activity, and general economic conditions. Throughout the epidemic, there were swings in the demand for dumpster rentals. Initially, there was less of a need for dumpsters as so many building and remodeling projects were postponed. But when lockdowns loosened and people spent more time at home, dumpster rentals became increasingly popular for cleanup and home improvement tasks. Furthermore, construction timetables were affected and numerous building projects experienced delays due to lockdowns and socia...
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average (CUUR0000SEHA) from Dec 1914 to Feb 2025 about primary, rent, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
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The global LED Rental Market size was valued at USD 10.43 billion in 2023 and is projected to reach USD 21.34 billion by 2033, exhibiting a CAGR of 7.7% during the forecast period. The market growth is attributed to the rising demand for LED displays in various applications such as stadiums, arenas, convention centers, and film bases. Additionally, the increasing popularity of live events, concerts, and sports events is driving the demand for high-quality and versatile LED rental solutions. The market is segmented into Stadium, Arena, Convention Centres, Film Base, and Others based on application. The Stadium segment held the largest market share in 2023, and it is expected to continue its dominance throughout the forecast period. This is due to the increasing number of sports events and the need for high-quality LED displays in stadiums to enhance the fan experience. The Film Base segment is also projected to witness significant growth during the forecast period, owing to the rising demand for LED displays in film production and post-production processes. Key players in the market include PixelFLEX LED, LEDVISION, YSLV, Matrix Visual, AV Rental, and Barco. The global LED rental market is expected to reach $XX million by 2027, growing at a CAGR of XX% from 2022 to 2027. The growth of the market is attributed to the increasing demand for LED screens for various applications, such as concerts, sporting events, and corporate events.
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.