Furniture, Appliance and Equipment Rental in New Zealand - Industry Market Research Report

Furniture, Appliance and Equipment Rental in New Zealand - Industry Market Research Report
Furniture, Appliance and Equipment Rental in New Zealand

The Furniture, Appliance, and Equipment Rental industry has experienced a mixed performance recently due to influences like rising household incomes countered by negative business sentiment. Higher incomes can lead to the direct purchase of goods, bypassing rental companies. However, a decrease in credit card debt, as households prioritize paying off their credit cards, has made rental services more appealing, benefitting the industry at times. Industry revenue is expected to increase at an annualised 0.4% over the five years through 2021-22 to total $1.6 billion.

Industry firms rent and lease out a range of household and commercial goods, appliances, equipment, recreational goods, tools and other miscellaneous products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.