{"id":5094,"date":"2022-01-29T17:35:03","date_gmt":"2022-01-29T17:35:03","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=5094"},"modified":"2022-01-29T17:35:07","modified_gmt":"2022-01-29T17:35:07","slug":"rental-furniture-its-benefits-latest-trends","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/","title":{"rendered":"Rental Furniture: It\u2019s Benefits &#038; Latest Trends!"},"content":{"rendered":"\n<p><em>Since the start of 2020 the impact of the pandemic has been felt universally. <\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>On one front, the traditional and offline industry was adversely impacted, while the demand for online furniture rentals in India, on the other hand, spiked exponentially, thereby presenting an opportunity for companies &amp; startups in this domain. In this article we\u2019ll know the benefits of rental furniture along with the latest trends that are raising the demand!<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Benefits_of_renting_furniture\" title=\"Benefits of renting furniture!\">Benefits of renting furniture!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Latest_Trends_In_Rental_Furniture_Industry\" title=\"Latest Trends In Rental Furniture Industry!\">Latest Trends In Rental Furniture Industry!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Millennial_driven_rental_economy\" title=\"Millennial driven rental economy!\">Millennial driven rental economy!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Rising_Home-office_furniture_demand\" title=\"Rising Home-office furniture demand!\">Rising Home-office furniture demand!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Availability_of_%E2%80%98Rent_to_Buy_option\" title=\"Availability of \u2018Rent to Buy\u2019 option!\">Availability of \u2018Rent to Buy\u2019 option!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Rising_demand_for_multi-functional_furniture\" title=\"Rising demand for multi-functional furniture!\">Rising demand for multi-functional furniture!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.propertypistol.com\/blog\/rental-furniture-its-benefits-latest-trends\/#Lastly\" title=\"Lastly!\">Lastly!<\/a><\/li><\/ul><\/nav><\/div>\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_renting_furniture\"><\/span><strong>Benefits of renting furniture!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Flexibility &amp; Adaptability &#8211; <\/strong>\u00a0Most people, especially millennials are against the idea of investing in items that they believe will become a burden eventually. To buy furniture, a level of commitment is required, as a great portion of India\u2019s population internally migrates all the time.<\/li><li><strong>Renting Furniture is Cost Effective &#8211;<\/strong>\u00a0 One of the most notable characteristics of the middle class is that they have a set &amp; limited budget. It&#8217;s because the majority of students are living away from home for school or are professionals who migrate from city to city due to their jobs. <\/li><li><strong>Easier to move &amp; Relocate &#8211; <\/strong>Renting furniture comes with affordability as well as\u00a0 peace of mind. This is why people now prefer to rent furniture rather than owning it. They have the option to easily cancel their deal and move with rentals. There are no troubles when they\u2019ve to move away for any reason whatsoever.<\/li><\/ol>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Trends_In_Rental_Furniture_Industry\"><\/span><strong>Latest Trends In Rental Furniture Industry!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Here are some of the key trends we believe will dominate Indian furniture rental industry in the times to come:<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Millennial_driven_rental_economy\"><\/span><strong>Millennial driven rental economy!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>People, especially millennials have become more aware &amp; experimental. Once a piece of furniture is bought, you\u2019re stuck with it for many years as it\u2019s a huge investment after all. Humans tend to get bored &amp; saturated with their surroundings &amp; get the urge to change it constantly. It\u2019s unlikely to change your furniture frequently unless you\u2019re super rich. With this in mind, people nowadays take furniture on rent because they can change\/upgrade after a short period.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rising_Home-office_furniture_demand\"><\/span><strong>Rising Home-office furniture demand!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>As we witness the \u2018remote working\u2019 culture brought about by the pandemic, the demand for home-office furniture shot up exponentially in 2020. Even though vaccines to overcome the virus have now arrived, many companies including giant IT and MNCs are expected to continue to partly or fully stick to WFH for a large part of 2022. Especially after the detection of the new Omicron variant of Covid-19.Therefore the demand for home-office furniture does not seem to be going away anytime soon, which is going to create a new product demand in the industry which will drive innovation.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Availability_of_%E2%80%98Rent_to_Buy_option\"><\/span><strong>Availability of \u2018Rent to Buy\u2019 option!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Rent-to-buy option wherein customers can eventually buy the furniture. This helps customers to try out various items before finally investing in them. Many people are open to the option of renting, but the thought of ownership bothers them. So, the rent-to-buy option is a befitting solution for such consumers. Minimum renting period is generally three months and maximum varies as per the requirements of the customer.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rising_demand_for_multi-functional_furniture\"><\/span><strong>Rising demand for multi-functional furniture!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The furniture industry in recent years has seen an increased preference among consumers looking for using multi-functional furniture, desk-turned-cabinet, wall beds, transforming tables, etc. Even in 2022, convertible multipurpose and portable furniture will increasingly continue to drive the furniture rental market of India.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lastly\"><\/span><strong>Lastly!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Recognizing the impact of digitisation and changing lifestyles of today\u2019s demography, furniture rental companies will look forward to innovating consistently. Rising demand will be an impetus to introducing new offerings as well as other incentives such as free delivery and installation under stipulated time to win the trust of the customer in the long run.\u00a0<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:&nbsp;<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the start of 2020 the impact of the pandemic has been felt universally.<\/p>\n","protected":false},"author":2,"featured_media":4244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[100],"tags":[201],"class_list":["post-5094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rental","tag-interiors","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rental Furniture: It\u2019s Benefits &amp; Latest Trends! - Real Estate Sector Latest News, Updates &amp; 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