Overview of the India Appliance Rentals & Subscriptions Market:
Gain data-driven insights into the India Appliance Rentals & Subscriptions Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.
Executive Summary
The India Appliance Rentals & Subscriptions Market size was valued at around USD 213 million in 2024 and is projected to reach USD 534 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 16.34% during the forecast period, i.e., 2025-30.
India Appliance Rentals & Subscriptions Market Driver:
Urbanization and Mobility Driving Market Growth – In 2024, around 37% of the Indian population lived in urban areas, which has soared drastically from around 22% in 2011. With the increase in urbanization, the lifestyle of the consumers is changing, and they are increasingly focused on flexibility and cost effectiveness rather than on ownership in the case of home appliances. This has been coupled with the growing mobility rate of students and professionals for education and better job opportunities in metro cities, where they seek rental houses fully equipped with all facilities and daily use appliances, at low rentals without the hassle and cost of owning them.
Having rented appliances saves money, reduces the hassles of installation, maintenance, and repair, and eliminates the need to transport or sell off heavier white goods such as washing machines, refrigerators, microwaves, etc., in case of migration to another city. This has increased the demand for appliance rental services in recent years in India, especially in metro cities such as Delhi NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, etc. Therefore, the appliance rentals & subscriptions market has gained popularity in recent years, and the demand for these rented appliances is expected to increase in the forecast years as well.
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India Appliance Rentals & Subscriptions Market Segmentation
Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.
-By Product Type
- Home Appliances
- Consumer Electronics
- Kitchen Appliances
- Office Appliances
Based on the type of product, home appliances are the most rented ones with a market share of around 60%.
-By End-Use
- Residential
- Commercial
Based on the end-use of rental appliances, the residential segment has dominated the market with a share of around 80%.
-By Business Model
- Subscription-Based Model- Market Size & Forecast 2020-2030, USD Million
- Long Term Rental- Market Size & Forecast 2020-2030, USD Million
- Rent-to-Own- Market Size & Forecast 2020-2030, USD Million
- Bundled Packages- Market Size & Forecast 2020-2030, USD Million
Geographical Analysis
-By Region
- North
- South
- East
- West
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Competitive Market Strategies: List of Largest India Appliance Rentals & Subscriptions Companies
Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.
- RentoMojo
- Furlenco
- Cityfurnish
- Rentickle
- Guarented
- Rentit4me
- NoBroker Furniture
- RentMacha
- Voorent
- ThinkRenta
- Others
Future Market Analytics Focus Points
Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:
- Identify Emerging Market Trends: Recognize new trends shaping industries.
- Leverage Big Data Analytics: Use data for informed decision-making strategies.
- Explore Geographic Expansion: Target growth opportunities in new areas.
- Analyze Consumer Behavior: Adapt to shifting preferences and habits.
- Emphasize Sustainability: Align strategies with ethical and sustainable practices.
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Objectives of the Study
Clearly state what the report aims to achieve. For example:
- Provide a comprehensive market overview with quantitative forecasts.
- Identify key market segments and competitive dynamics.
- Analyze trends and drivers influencing growth.
- Highlight challenges and risks, plus mitigation strategies.
- Offer actionable insights and recommendations for decision-makers.
Report Delivery Model
“Our market research report is available in multiple formats for convenience:
- Interactive PDF with rich charts and data tables.
- PowerPoint summary deck for easy presentation and sharing.
- Excel containing all research figure.
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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