Furniture Rental: The Trend that’s Here to Stay
The latest trend in furniture rental has a strong influence on urban customers. Corporate employees, college graduates, and even older generations living in cities are becoming acquainted with the concept of renting furniture. When you take a look at the global furniture rental service size, its valuation stands at a staggering USD 73.19 billion in 2022. It is expected to grow to USD 139.05 billion by 2029, with a strong contribution from the Indian market.
What’s Driving Online Furniture Rental Sales?
Renting furniture is always more convenient and less expensive than purchasing it. Urban customers are very aware of their needs related to lifestyle and home improvement. These are the key drivers of the boom in online furniture rental in recent years:
Aesthetic Purpose
Today’s world is all about individuality. Everyone wants to have a space that is a reflection of their personality. So, they invest in furniture, rugs, and home décor that reflects their taste and style and also add an aesthetic quotient to the house along with functionality. Renting furniture allows them to experiment with their home's aesthetics without spending much. So, you can recreate any mood board by just ordering relevant rental furniture online.
Rental Friendly
Buying a home is still a far-fetched dream for many, especially in metro areas where property rates are not going down anytime soon. So, people make a "home" in a rental flat, house, or floor. Adding home décor, rugs, and furniture of your choice is the best way to make a rental space feel like home. Corporate workers, college students, and those with transferable jobs can create their homely vibe by adding rental furniture pieces.
Flexibility: Change as per Your Needs
Another factor in making the rental furniture wave successful is the desire to get a fresh look for the home every few months or years. As home is the place where we spend the majority of our time, home enthusiasts love to switch up the interior décor every few months. It’s only possible by renting furniture, as it is not a costly affair.
Top Benefits of Online Furniture Rental
- Cost-effectiveness
- Adaptability
- Flexibility tenure
- Speedy delivery
- Big stock
- Wide variety
- Prompt service
The online rental furniture market is growing tremendously and caters to a large section of people in urban areas. Its market is going to expand as the benefits of renting furniture outweigh the benefits of buying it in most scenarios.
