Market Overview:
The global Rent-to-Own market size was valued at USD 92186.2 million in 2022 and is expected to expand at a CAGR of 4.63% during the forecast period, reaching USD 120938.19 million by 2028.Rent-to-own, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, real property, and engagement rings, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement. A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement (in a traditional lease the lessee has no such right), and from a hire purchase/installment plan, in that the lessee can terminate the agreement by simply returning the property (in a hire purchase the buyer has a limited time, if any, to cancel the agreement).
This Rent-to-Own Market Research Report provides a complete analysis and insights into the market’s size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Services industry and its business potential. The Rent-to-Own Market Report is 105 pages long and includes a comprehensive table of contents, a list of figures, tables and charts, as well as extensive analysis.
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Competitive Landscape:
The Top Key Players in the Rent-to-Own industry are as follows:
- Co-Ownership
- Home Partners of America
- Goeasy Ltd. (Easyhome Ltd.)
- Divvy Homes
- Aaron’s Inc.
- OwnCo Homes Ltd.
- Premier Rental-Purchase
- Rent-A-Center
- EZ Furniture Sales & Leasing
- Action Rent to Own
and More..
These significant firms utilize a range of tactics to establish market brand identification, including product launch, merger and acquisition, acquisition, joint venture, and partnership.
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Market Segmentation:
Breakup by Product Type:
- Furniture
- Electronics and Appliances
- Real Estate
- Others
Breakup by Application:
- Single-Family Home
- Condominium
- Townhouse
- Co-op
- Multi-Family Home
Regional Insights:
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country’s market position.
Geographically,
- North America (US, Canada, Mexico)
- Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LA)
- Middle East and Africa (Turkey, GCC, Rest of Middle East)
This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.
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The epidemic is still causing tremendous disruption in industries throughout the world. We’ve been tracking the direct and indirect consequences of the COVID-19 outbreak on the Rent-to-Own market. To Know How Covid-19 Pandemic will Impact this Industry – https://www.precisionreports.co/enquiry/request-covid19/22366030
Table of Contents:
With tables and figures to help analyze the global Rent-to-Own market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1. Market Definition and Statistical Scope
1.1 Objective of the Study
1.2 Rent-to-Own Market Definition
1.3 Market Scope
1.3.1 Market Segmentation by Type, Downstream Industry and Marketing Channel
1.3.2 Major Geographies Covered (North America, Europe, Asia Pacific, Middle East & Africa, Latin America)
1.4 Years Considered for the Study (2018-2029)
1.5 Currency Considered (US-Dollar)
1.6 Stakeholders
2. Research Findings and Conclusion
3 Key Companies Profile
3.1 Competitive Profile
3.1.1 Global Sales and Market Share by Companies
3.1.2 Global Revenue and Market Share by Companies
4. Global Rent-to-Own Market Segmented by Type
4.1 Global Sales, Revenue and Growth Rate by Type 2018-2023
5 Global Rent-to-Own Market Segmented by Downstream Industry
5.1 Global Sales, Revenue and Growth Rate by Downstream Industry 2018-2023
6 Rent-to-Own Industry Chain Analysis
6.1 Value Chain Status
6.2 Upstream Raw Material Analysis
6.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
6.4 Distributors/Traders
6.5 Downstream Major Customer Analysis (by Region)
6.6 Value Chain Under Regional Conflicts
7. The Development and Dynamics of Rent-to-Own Market
7.1 Driving Factors of the Market
7.2 Factors Challenging the Market
7.3 Opportunities of the Global Market (Regions, Growing/Emerging Downstream Market Analysis)
7.4 Technology Status and Developments
7.5 Industry News
7.6 Market Investment Scenario Strategic Recommendations
7.7 COVID-19 Impact on Industry
7.8 Industry SWOT Analysis
8 Global Rent-to-Own Market Segmented by Geography
8.1 Global Revenue and Market Share by Region 2018-2023
8.2 Global Sales and Market Share by Region 2018-2023
9 North America
9.1 North America Sales, Price, Revenue, Gross Margin and Gross Analysis from 2018-2023
9.2 North America Sales Analysis from 2018-2023
9.3 North America Import and Export from 2018-2023
9.4 North America Market by Country
10 Europe
10.1 Europe Sales, Price, Revenue, Gross Margin and Gross Analysis from 2018-2023
10.2 Europe Sales Analysis from 2018-2023
10.3 Europe Import and Export from 2018-2023
10.4 Europe Market by Country
11 Asia Pacific
12 Latin America
13 Middle East & Africa
14. Global Rent-to-Own Market Forecast by Geography, Type, and Downstream Industry 2023-2029
14.1 Forecast of the Global Market from 2023-2029 by Region
14.2 Global Sales and Growth Rate Forecast by Type (2023-2029)
14.3 Global Sales and Growth Rate Forecast by Downstream Industry (2023-2029)
14.4 Market Forecast Under COVID-19
15 Appendix
15.1 Methodology
15.2 Research Data Source
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Key Benefits for Stakeholders:
- The research provides a detailed quantitative analysis of key market segments, historical and current industry trends, market estimations, and market growth for the Rent-to-Own market from 2018 to 2029.
- The research report gives the most recent information on market drivers, challenges, and opportunities.
- The research identifies the leading and fastest-growing regional marketplaces. It also allows stakeholders to identify the important country-level marketplaces within each area.
- Porter’s five forces analysis supports stakeholders in measuring the influence of new entrants, competitive rivalry, supplier power, buyer power, and the possibility of replacement. It enables stakeholders to assess the amount of competition in the Rent-to-Own business as well as its attractiveness.
- The competitive landscape helps stakeholders understand their competitive environment and gives insight into the present positions of important companies.
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Drivers, Restrains and Research Methodology:
The research report provides an analysis of the various factors driving the market’s growth. The factors that impede market growth are fundamental because they create different curves to seize opportunities in emerging markets. Data collection and analysis for the base year were carried out using a large sample data collection module. The main research methodologies are data mining, data triangulation, including analysis of the impact of variable data on the market, and initial validation (industry experts). Separately, the data model includes a supplier positioning grid, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, metrics, top-down analysis, and supplier engagement analysis. For further information on this report, please Request a Sample Copy of “Global Rent-to-Own Industry Research Report 2023, Competitive Landscape, Market Size, Regional Status and Prospect” Here.
About Us:
Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs.
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