Global Rent-to-Own Market Research Report 2021 - Impact of COVID-19 on the Market

SKU ID : Maia- 19277954

Publishing Date : 07-Oct-2021

No. of pages : 112

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  • 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).
    The Rent-to-Own market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

    Considering the influence of COVID-19 on the global Rent-to-Own market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

    This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

    Under COVID-19 Outbreak, how the Rent-to-Own Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

    Major Players in Rent-to-Own market are:
    Rent-A-Center
    RentDelite
    Rental City
    Bestway Rent-to-Own
    Easyhome
    Aaron's
    Freedom Rent To Own

    Most important types of Rent-to-Own products covered in this report are:
    Furniture
    Appliances
    Electronics

    Most widely used downstream fields of Rent-to-Own market covered in this report are:
    Local Usage
    Others

    Major Region

    s or countries covered in this report:
    North America
    Europe
    China
    Japan
    Middle East and Africa
    South America
    India
    South Korea
    Southeast Asia
    Others

    In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

    In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

    In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

    Years considered for this report:


    Historical Years:

    2016-2020

    Base Year:

    2020

    Estimated Year:

    2021

    Forecast Period:

    2021-2026

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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