Office Furniture Rental
Revenue for the Office Furniture Rental industry has trended upward since 2011. The industry is driven by a wide range macroeconomic factors, such as the number of businesses operating domestically, the unemployment rate and the business sentiment index, all of which are expected to improve during that timeframe. Growth in the number of businesses stimulates demand for office furniture, and thus industry revenue. Moreover, as the unemployment rate falls, demand for office furniture is anticipated to rise, as businesses require furniture for new employees. Due to these positive trends, IBISWorld expects industry revenue to grow over the five years to 2016. In the five years to 2021, industry revenue is anticipated to rise, bolstered by continued growth in the number of businesses. Growth in the number of businesses will increase the industry's downstream market size, and thus provide a greater pool of businesses for operators to service.
This industry rents out office furniture to large and small businesses, as well as government entities. Rental furniture includes tables, chairs, desks, cabinets and more.
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.
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