India Appliance Rentals & Subscriptions Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
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.
Markntel Advisor’s India Appliance Rentals & Subscriptions Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, India Appliance Rentals & Subscriptions Market drivers, barriers, India Appliance Rentals & Subscriptions Market Trends, and Key Players in India Appliance Rentals & Subscriptions Market.
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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 (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
· By Product Type
o Home Appliances- Market Size & Forecast 2020-2030, USD Million
§ Refrigerators- Market Size & Forecast 2020-2030, USD Million
§ Washing Machines- Market Size & Forecast 2020-2030, USD Million
§ Air Conditioners- Market Size & Forecast 2020-2030, USD Million
§ Water Purifiers- Market Size & Forecast 2020-2030, USD Million
§ Vacuum Cleaners- Market Size & Forecast 2020-2030, USD Million
o Consumer Electronics- Market Size & Forecast 2020-2030, USD Million
§ Televisions- Market Size & Forecast 2020-2030, USD Million
§ Speakers/Home Theatres- Market Size & Forecast 2020-2030, USD Million
§ Laptop & Tablets- Market Size & Forecast 2020-2030, USD Million
§ Gaming Consoles- Market Size & Forecast 2020-2030, USD Million
o Kitchen Appliances- Market Size & Forecast 2020-2030, USD Million
§ Microwave Ovens- Market Size & Forecast 2020-2030, USD Million
§ Coffee Machines- Market Size & Forecast 2020-2030, USD Million
§ Induction Cooktops- Market Size & Forecast 2020-2030, USD Million
§ Blenders, Juicers, & Mixers- Market Size & Forecast 2020-2030, USD Million
o Office Appliances- Market Size & Forecast 2020-2030, USD Million
§ Printers & Scanners- Market Size & Forecast 2020-2030, USD Million
§ Water Dispensers- Market Size & Forecast 2020-2030, USD Million
§ HVAC Systems- Market Size & Forecast 2020-2030, USD Million
§ Commercial Coffee Machines- Market Size & Forecast 2020-2030, USD Million
· By End-Use
o Residential- Market Size & Forecast 2020-2030, USD Million
o Commercial- Market Size & Forecast 2020-2030, USD Million
· By Business Model
o Subscription-Based Model- Market Size & Forecast 2020-2030, USD Million
o Long Term Rental- Market Size & Forecast 2020-2030, USD Million
o Rent-to-Own- Market Size & Forecast 2020-2030, USD Million
o Bundled Packages- Market Size & Forecast 2020-2030, USD Million
· By Region
o North
o South
o East
o West
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the India Appliance Rentals & Subscriptions Market:
- RentoMojo
- Furlenco
- Cityfurnish
- Rentickle
- Guarented
- Rentit4me
- NoBroker Furniture
- RentMacha
- Voorent
- ThinkRenta
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