"The Report The U.S.
Rent-To-Own Market: Trends and Opportunities (2014-2019) provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
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Description
Scope of the Report
The report titled “The U.S. Rent-To-Own (RTO) Market: Trends &
Opportunities (2014-2019)” provides an in-depth analysis of the US
rent-to-own market with detailed analysis of market sizing and
growth, market share and economic impact of the industry. The U.S.
rent-to-own market is highly fragmented with a large number of small
companies holding one-third of the market share. The U.S. rent-to-own
market has low penetration rate, presenting big growth opportunities
for the small players. Detailed rent-to-own consumer behavior
analysis has been presented in this report.
The report also assesses the key opportunities in the market and
outlines the factors that are and will be driving the growth of the
rent-to-own industry. Growth of the overall U.S. rent-to-own industry
has also been forecasted for the period 2014-2019, taking into
consideration the previous growth patterns, the growth drivers and
the current and future trends. Competition in The U.S. rent-to-own
market is stiff and dominated by the big players like Rent-A-Center
and Aaron’s Inc. Further, key players of the U.S. rent-to-own
industry like Rent-A-Center, Aaron’s Inc. and Easyhome Limited are
also profiled with their financial information and respective
business strategies.
Company Coverage
Rent-A-Center
Aaron’s Inc.
Easyhome Limited
View Full Report at
http://www.marketresearchreports.biz/analysis/279365
Executive Summary
The rent-to-own (RTO) industry concept was introduced in the 1960’s
and now RTO has grown into an important sector of the retailing
industry. Rent-to-own business offer the facility of long-term
leasing to consumers for using goods such as furniture, appliances
and various electronic products. The rent-to-own industry has grown
over 8,600 stores in the U.S., annually providing service to over
four million consumers.
The core of the RTO arrangement is consumers gain instant access to
new or used merchandise - most commonly appliances, electronics or
furniture-with neither a credit check nor down payment in exchange
for a number of fixed rental payments due either weekly, biweekly, or
monthly. A consumer who respects the terms of the contract and pays
all rents before acquiring the good leased, generally pays, in total,
twice even three times the actual value of the good. Low Income
population group because of the low disposable income are expected to
rely on the rent-to-own business activities. And the needs of the
low-income population will be met by the increased penetration and
transparency of the rent-to-own market.
The high growth in online penetration is attributed to the
proliferation of virtual rent-to-own business activity. As suppliers
look for more efficient means of distribution, their participation in
the virtual rent-to-own market has increased. With Aaron’s largest
investment to date in 2014, which it paid for Progressive Financials,
a leading virtual RTO provider, the virtual rent to own market has
certainly got a new fillip. Progressive is not the only virtual
rent-to-own provider, as Rent-A-Center created Acceptance NOW in
2010.
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Table of Content
1. Executive Summary
2. Introduction:
Rent-to-Own (RTO) Market
2.1 Transaction Structure
2.2 Consumer Protections
2.3 Advantages
2.4 Disadvantages
3. The U.S. Rent-to-Own
Market: An Analysis
3.1 The U.S. Rent-to-Own
Market: Sizing and Growth
3.2 The U.S. Rent-to-Own
Market Share Analysis
4. Consumer Behavior
Analysis: U.S. Rent-to-Own Industry
5. Market Dynamics: U.S.
Rent-to-Own Industry
5.1 Rent-to-Own Market: Growth
Drivers
5.2 Rent-to-Own Market:
Challenges
5.3 Rent-to-Own Market: Market
Trends
6. Competitive Landscape:
Rent-to-Own Market
7. Company Profiles:
Rent-to-Own Market
7.1 Rent-A-Center
7.2 Aaron’s Inc.
7.3 Easyhome Ltd.
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