The DIY and hardware category was estimated to be the consumer goods category which generated the highest revenue from rentals in 2022 by a considerable margin. According to Statista estimates, the revenue from DIY and hardware rentals was forecast to more than double from 2022 to 2026.
Estimated revenue of the rental consumer goods market in 2022 and 2026 worldwide, by category
(in billion U.S. dollars)
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About methodology: Rental market revenue is estimated using a Monte Carlo-like estimation that approximates, per year, how many consumers "purchase" in each of the CMO-categories and how much they would spend. The estimation of the number of consumers relies on shares taken from the Statista Global Consumer Survey and each KPI-per-category is the average of 10,000 iterations.
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Statista. (October 6, 2022). Estimated revenue of the rental consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1337490/rental-market-revenue-by-category/
Statista. "Estimated revenue of the rental consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars)." Chart. October 6, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1337490/rental-market-revenue-by-category/
Statista. (2022). Estimated revenue of the rental consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1337490/rental-market-revenue-by-category/
Statista. "Estimated Revenue of The Rental Consumer Goods Market in 2022 and 2026 Worldwide, by Category (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Oct 2022, https://www.statista.com/statistics/1337490/rental-market-revenue-by-category/
Statista, Estimated revenue of the rental consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1337490/rental-market-revenue-by-category/ (last visited August 25, 2024)
Estimated revenue of the rental consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars) [Graph], Statista, October 6, 2022. [Online]. Available: https://www.statista.com/statistics/1337490/rental-market-revenue-by-category/