Asia Pacific Furniture Rental Market

Asia Pacific Furniture Rental Market, By Type of Furniture (Home Furniture, Office Furniture, Appliances); By Material (Wood, Metal, Plastic, Glass, Others); By Distribution Channel (Online, Offline); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2031
- Published Date: June 2025
- Report ID: BWC25330
- Available Format: PDF
- Page: 280
Report Overview
Rapid urbanization and mobility, growing preference for digital platforms and e-commerce, and affordability and flexibility are expected to boost the growth of Asia Pacific Furniture Rental Market during the forecast period between 2025 and 2031.
Asia Pacific Furniture Rental Market – Industry Trends & Forecast Report, 2031
Asia Pacific Furniture Rental Market size was estimated at USD 5.39 billion in 2024. During the forecast period between 2025 and 2031, Asia Pacific Furniture Rental Market size is projected to grow at a CAGR of 8.4% reaching a value of USD 9.48 billion by 2031. Prominent drivers of the market include the increasing demand for flexible and affordable furnishing solutions, rising urban mobility, and a growing preference for convenience over ownership. Furniture rental, which allows individuals and businesses to lease high-quality furniture for temporary use, is gaining popularity among students, working professionals, and companies seeking short-term or relocatable setups. This trend is further supported by the rapid growth of the e-commerce sector, offering consumers easy access to rental services with a wide range of styles, doorstep delivery, and hassle-free returns. As disposable incomes rise and urban populations expand, particularly in developing countries, demand for modern and aesthetically pleasing rental furniture is also increasing. Furthermore, environmental consciousness is encouraging consumers to opt for sustainable alternatives like furniture rental, reducing waste and promoting reuse. Employers adopting furniture rental in corporate housing policies and the affordability of renting compared to buying, with lower maintenance costs, are additional factors propelling the growth of Asia Pacific Furniture Rental Market.
Furniture Rental – Overview
Furniture rental refers to the service of leasing furniture for a specified period instead of purchasing it outright. This model is commonly used by individuals, families, and businesses seeking flexible, short-term, or cost-effective furnishing solutions for residential, commercial, or event purposes. Furniture rental services typically include delivery, setup, maintenance, and pick-up, offering convenience and affordability while allowing customers to choose from a wide range of styles and items to suit their needs.
Asia Pacific Furniture Rental Market
Growth Drivers
Growing Populairty of Digital Platforms and E-commerce
The expansion of digital platforms has played a pivotal role in driving the growth of the furniture rental market. With the rapid rise of e-commerce, renting furniture has become more accessible, convenient, and user-friendly. Online rental services now allow customers to browse, select, and lease furniture for short- or long-term use with just a few clicks. Companies like Feather have successfully capitalized on this trend by offering a fully digital experience, including doorstep delivery and easy returns. The integration of technology has simplified the rental process, eliminating the need for physical showrooms and enhancing overall customer experience.
Challenges
High Operational and Logistical Complexity
High operational and logistical complexity poses a major restraint to the growth of the Asia Pacific furniture rental market. Trade disputes, such as those between the US and China, have led to shifts in supply chains and increased costs for imported goods, potentially affecting the availability and pricing of rental furniture. Additionally, regional conflicts and political instability may dampen consumer confidence and reduce demand for rental services, particularly in affected areas. Businesses may also delay expansion, or relocation plans due to the uncertain environment, leading to decreased demand for office furniture rentals. Overall, while the furniture rental market has shown resilience, ongoing geopolitical tensions could pose challenges to its growth trajectory.
Impact of Escalating Geopolitical Tensions on Asia Pacific Furniture Rental Market
Escalating geopolitical tensions can significantly impact Asia Pacific Furniture Rental Market, by disrupting supply chains and increasing raw material costs. Many methanol production processes rely on natural gas and coal, both of which are subject to international trade fluctuations and political conflicts. Tensions in key energy-producing regions can lead to price hikes and supply shortages, affecting production stability. Additionally, uncertainty in global markets may deter investments in methanol infrastructure and innovation. As a result, geopolitical tensions can create instability, hinder market growth, and affect the region's ability to meet the rising demand for methanol in various industries.
Asia Pacific Furniture Rental Market
Segmental Coverage
Asia Pacific Furniture Rental Market – By Type of Furniture
Based on type of furniture, Asia Pacific Furniture Rental Market is divided into Home Furniture, Office Furniture, and Appliances segments. The home furniture segment holds the highest share in Asia Pacific Furniture Rental Market by type of furniture. It is primarily due to rising urbanization, increased mobility, and growing demand from young professionals and students. Its affordability, flexibility, and suitability for temporary housing needs make it the most-preferred choice among renters across the region. The home furniture segment is sub-divided into Beds & Mattresses, Sofas & Couches, Dining Tables & Chairs, and Wardrobes & Storage Units. The bed & mattresses segment holds the highest share in Asia Pacific Furniture Rental Market. The dominance is largely driven by rising demand for flexible living arrangements and temporary housing, especially among millennials and mobile professionals. Beds are essential in any residential setup, making them a top rental choice for convenience and affordability. In addition to beds, sofas and couches also command a significant share, as consumers increasingly seek comfortable yet temporary furnishing options. These items cater well to the needs of renters looking for functionality and style without long-term ownership, reinforcing their importance in the region's rental furniture product mix.
Asia Pacific Furniture Rental Market – By Material
By material, Asia Pacific Furniture Rental Market is segmented into Wood, Metal, Plastic, Glass, and other materials segments. The wood segment holds the highest share in Asia Pacific Furniture Rental Market by material. Its dominance is driven by its durability, versatility, and classic aesthetic, making it a preferred choice for both residential and commercial settings. Wood furniture complements various interior styles and requires minimal maintenance, further boosting its appeal among renters seeking long-lasting and visually appealing options.
Asia Pacific Furniture Rental Market – By Distribution Channel
On the basis of distribution channel, Asia Pacific Furniture Rental Market is bifurcated into Online and Offline segments.
Asia Pacific Furniture Rental Market – By Country
The in-depth research report on the Asia Pacific Furniture Rental Market covers the market in the region’s major countries including China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, and Rest of APAC. India holds the highest share in Asia Pacific Furniture Rental Market and is expected to maintain its dominance during the forecast period. It is driven by a strong cultural familiarity with rentals and evolving consumer preferences. The rising urban population, particularly millennials and young professionals relocating for education and work, is increasingly opting for rental furniture over ownership due to affordability, convenience, and flexibility. The trend is gaining traction not only in metropolitan areas but also expanding into Tier 2 and Tier 3 cities, supported by digital platforms offering seamless rental experiences. Additionally, the growing start-up culture, demand for modern office setups, and frequent lifestyle changes have made renting furniture a practical and cost-effective solution. With increasing investor confidence and the expanding sharing economy, India’s rental furniture market continues to thrive, reinforcing its leadership position across Asia Pacific region.
Competitive Landscape
Major players operating in Asia Pacific Furniture Rental Market include Furlenco, Cityfurnish, Rentomojo, Fabrento, GrabOnRent, Pepperfry, Feather, CasaOne, Inhabitr, and Brook Furniture Rental. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2031 |
Base Year – 2024 |
|
Estimated Year – 2025 |
|
Forecast Period – 2025–2031 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC |
Product/ Service Segmentation |
Type of Furniture, Material, Distribution Channel, Country |
Key Players |
Furlenco, Cityfurnish, Rentomojo, Fabrento, GrabOnRent, Pepperfry, Feather, CasaOne, Inhabitr, Brook Furniture Rental |
By Type of Furniture
-
Home Furniture
-
Office Furniture
-
Appliances
By Material
-
Wood
-
Metal
-
Plastic
-
Glass
-
Others
By Distribution Channel
-
Online
-
Offline
By Country
-
China
-
India
-
Japan
-
South Korea
-
Australia & New Zealand
-
Indonesia
-
Malaysia
-
Singapore
-
Vietnam
-
Rest of APAC
Please Find Below Some Related Report’s:
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Asia Pacific Furniture Rental Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Urbanization & Mobility
- Digital Platforms & E-commerce
- Affordability & Flexibility
- Restraints
- High Operational & Logistical Complexity
- Regulatory Challenges
- Opportunities
- Integration of Technology
- Sustainable & Eco-Friendly Solutions
- Challenges
- Limited Brand Recognition
- Intense Market Competition
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Asia Pacific Furniture Rental Market: Marketing Strategies
- Asia Pacific Furniture Rental Market: Pricing Analysis
- Asia Pacific Furniture Rental Market Overview
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- Home Furniture
- Office Furniture
- Appliances
- By Material
- Wood
- Metal
- Plastic
- Glass
- others
- By Distribution Channel
- Online
- Offline
- By Country
- China
- India
- Japan
- South Korea
- Australia & New Zealand
- Indonesia
- Malaysia
- Singapore
- Vietnam
- Rest of Asia Pacific
- By Type of Furniture
- Market Size & Forecast, 2019–2031
- China Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- India Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Japan Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- South Korea Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Australia & New Zealand Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Indonesia Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Malaysia Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Singapore Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Vietnam Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Rest of Asia Pacific Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By Distribution Channel
- Market Size & Forecast, 2019–2031
- Competitive Landscape
- List of Key Players and Their Offerings
- Asia Pacific Furniture Rental Company Market Share Analysis, 2024
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Asia Pacific Furniture Rental Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Furlenco
- Cityfurnish
- Rentomojo
- Fabrento
- GrabOnRent
- Pepperfry
- Feather
- CasaOne
- Inhabitr
- Brook Furniture Rental
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Asia Pacific Furniture Rental Segmentation
Figure 2 Asia Pacific Furniture Rental Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2024
Figure 4 Asia Pacific Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 5 Asia Pacific Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 6 Asia Pacific Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 8 Asia Pacific Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 9 Asia Pacific Furniture Rental Market Share, By Country, By Value, 2019–2031
Figure 10 China Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 11 China Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 12 China Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 14 China Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 15 India Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 16 India Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 17 India Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 19 India Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 20 Japan Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 21 Japan Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 22 Japan Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 24 Japan Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 25 South Korea Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 26 South Korea Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 27 South Korea Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 29 South Korea Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 30 Australia & New Zealand Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 31 Australia & New Zealand Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 32 Australia & New Zealand Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 34 Australia & New Zealand Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 35 Indonesia Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 36 Indonesia Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 37 Indonesia Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 39 Indonesia Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 40 Malaysia Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 41 Malaysia Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 42 Malaysia Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 44 Malaysia Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 45 Singapore Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 46 Singapore Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 47 Singapore Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 49 Singapore Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 50 Vietnam Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 51 Vietnam Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 52 Vietnam Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 54 Vietnam Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
Figure 55 Rest of Asia Pacific Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Figure 56 Rest of Asia Pacific Furniture Rental Market Share, By Type of Furniture, By Value, 2019–2031
Figure 57 Rest of Asia Pacific Furniture Rental Market Share, By Material, By Value, 2019–2031
Figure 59 Rest of Asia Pacific Furniture Rental Market Share, By Distribution Channel, By Value, 2019–2031
List of Tables
Table 1 Asia Pacific Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 2 Asia Pacific Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 3 Asia Pacific Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 5 Asia Pacific Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 6 Asia Pacific Furniture Rental Market Size, By Country, By Value, 2019–2031
Table 7 China Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 8 China Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 9 China Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 11 China Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 12 India Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 13 India Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 14 India Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 16 India Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 17 Japan Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 18 Japan Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 19 Japan Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 21 Japan Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 22 South Korea Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 23 South Korea Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 24 South Korea Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 26 South Korea Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 27 Australia & New Zealand Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 28 Australia & New Zealand Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 29 Australia & New Zealand Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 31 Australia & New Zealand Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 32 Indonesia Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 33 Indonesia Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 34 Indonesia Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 36 Indonesia Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 37 Malaysia Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 38 Malaysia Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 39 Malaysia Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 41 Malaysia Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 42 Singapore Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 43 Singapore Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 44 Singapore Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 46 Singapore Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 47 Vietnam Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 48 Vietnam Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 49 Vietnam Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 51 Vietnam Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 52 Rest of Asia Pacific Furniture Rental Market Size, By Value (USD Billion), 2019–2031
Table 53 Rest of Asia Pacific Furniture Rental Market Size, By Type of Furniture, By Value, 2019–2031
Table 54 Rest of Asia Pacific Furniture Rental Market Size, By Material, By Value, 2019–2031
Table 56 Rest of Asia Pacific Furniture Rental Market Size, By Distribution Channel, By Value, 2019–2031
Table 57 Furlenco Company Overview
Table 58 Furlenco Financial Overview
Table 59 Cityfurnish Company Overview
Table 60 Cityfurnish Financial Overview
Table 61 Rentomojo Company Overview
Table 62 Rentomojo Financial Overview
Table 63 Fabrento Company Overview
Table 64 Fabrento Financial Overview
Table 65 GrabOnRent Company Overview
Table 66 GrabOnRent Financial Overview
Table 67 Pepperfry Company Overview
Table 68 Pepperfry Financial Overview
Table 69 Feather Company Overview
Table 70 Feather Financial Overview
Table 71 CasaOne Company Overview
Table 72 CasaOne Financial Overview
Table 73 Inhabitr Company Overview
Table 74 Inhabitr Financial Overview
Table 75 Brook Furniture Rental Company Overview
Table 76 Brook Furniture Rental Financial Overview
Market Segmentation
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
Frequently Asked Questions (FAQs):
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research Support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Custom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.