Floorcare Equipment Rental Market size was valued at USD 2.5 Billion in 2024 and is projected to reach USD 4.5 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
The global floorcare equipment rental market was valued at USD 4.3 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. North America accounted for the largest market share in 2022, with an estimated value of USD 1.5 billion, primarily driven by high demand from the commercial and industrial sectors. The European market followed closely, with a valuation of approximately USD 1.2 billion in 2022. This growth is attributed to an increasing preference for rental services over ownership, especially in sectors like hospitality, healthcare, and commercial real estate, where frequent use of floorcare equipment is required. The Asia Pacific region is expected to experience the highest growth rate during the forecast period, with a CAGR of 8%, as countries like China and India see rapid urbanization and industrialization, driving demand for floorcare equipment rental services. The Latin American and Middle East & Africa regions also present significant opportunities, though their market sizes are comparatively smaller, with Latin America valued at around USD 450 million and the Middle East & Africa at USD 400 million in 2022. These regions are witnessing an increase in demand for floorcare equipment rental, driven by growing construction and real estate activities. The rising trend of outsourcing maintenance tasks in commercial establishments in these regions is expected to further drive market growth. Additionally, the increasing awareness of cost efficiency and the environmental benefits of renting over buying are contributing factors to the growth of the floorcare equipment rental market globally.
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Hejny Rental
Herc Rentals
Interstate Rentals
Jordan Power
Master Rental
Robin Rents
Schulhoff
Sun Rental Centre
True Value Rental
United Rentals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Floorcare Equipment Rental Market
Vacuum Cleaners
Floor Scrubbers
Floor Polishers
Carpet Extractors
Wet/Dry Vacuum Cleaners
Commercial
Industrial
Residential
Short-term Rental
Long-term Rental
Healthcare Facilities
Education Institutions
Hotels & Hospitality
Retail Stores
Corporate Offices
Electric
Battery-powered
Fuel-powered
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Floorcare Equipment Rental Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Floorcare Equipment Rental Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Floorcare Equipment Rental Market, By Type
6. Global Floorcare Equipment Rental Market, By Application
7. Global Floorcare Equipment Rental Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Floorcare Equipment Rental Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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