General Rental Centers in the US

Unreturned Rentals Restrict Revenue

It is estimated that around $100 million of equipment from this industry is stolen or modified each year. Although around half of these stolen items are eventually recovered, general rental centers lose out on rental income, have to endure the inconvenience of filing police reports and reassess items in stock. Micro-chipping or engraving products need to be considered as an option to combat this problem.

This industry comprises establishments primarily engaged in renting a range of consumer, commercial, and industrial equipment. Establishments in this industry typically operate from conveniently located facilities where they maintain inventories of goods and equipment that they rent for short periods of time. The type of equipment that establishments in this industry provide often includes, but is not limited to: audio-visual equipment, contractors' and builders' tools and equipment, home repair tools, lawn and garden equipment, moving equipment and supplies, and commercial party and banquet equipment and supplies. Companies operating within this industry mainly supply building and construction tools, and small- to medium-sized pieces of equipment to the household, commercial and industrial sectors. Establishments may also supply other consumer products on a small scale, including electronic goods and appliances. The majority of these items are leased by customers on a short term basis, with only a small level of rental agreements evolving into a sale. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are three year industry forecasts, growth rates and an analysis of the industry key players and their market shares.