Top Rental Products that India Renting this Month
In today’s economy, renting is no longer just a second choice; it’s a smart and sustainable lifestyle trend. India, a country known for its thriving startup ecosystem, expanding urban middle class, and rising conscious consumerism, is witnessing an exponential boom in the online rental market. Whether it’s electronics, furniture, fashion, or vehicles—more Indians are choosing to rent rather than buy.
In this blog post, we take a data-driven look into what India is renting this month and the key trends driving this movement. This monthly rental snapshot is brought to you by NobuyRent, India’s leading peer-to-peer rental platform.
Why Renting is Trending in India?
The online rental economy in India is expected to reach $2 billion by 2025 (source: India Brand Equity Foundation). Millennials and Gen Z are leading the charge, valuing experience and flexibility over ownership.
Top Reasons for Choosing to Rent:
- Cost Reduction: Leasing reduces the capital costs.
- Sustainability: Renting promotes reuse and prevents waste
- Flexibility: No maintenance headaches with brief commitments.
- Access to Premium Products: Rent high-end gadgets, vehicles, and appliances without burning a hole in your pocket.
This Month’s Top Rental Categories in India
1. Electronics & Home Appliances
From TVs to washing machines and fridges, urban homes are renting appliances on a larger scale, particularly by urban residents and students. Summer season witnesses the highest demand for coolers and air conditioners.
Popular Rented Electronics:
- Smart LED TVs (42-inch & 55-inch)
- Front-load washing machines
- Inverter air conditioners
2. Furniture Rentals
As per a Redseer report, over 1 million Indians rent furniture annually. Professionals relocating to metro cities or students settling in PGs are the key contributors.
Trending Furniture Items:
- Home office desks & chairs
- Queen-sized beds & mattresses
- Dining tables (4-seater and 6-seater)
3. Vehicles on Rent
The automobile rental market is booming with an increase in the demand for self-drive vehicles, electric scooters, and bicycles.. Platforms like NobuyRent make it easier for users to rent verified, reliable vehicles with flexible durations.
Top Vehicle Rentals:
- Average daily commute scooters (Ola, Ather, TVS iQube and Others)
- Self-driving vehicles for weekend travel (hatchbacks, SUVs and Others)
- Green commuting bikes for urban neighborhoods
4. Party & Event Supplies
Party supplies like sound systems, DJ lights, projectors, and decorative props are seeing high rentals especially around festive seasons, weddings, and birthdays.
Most Rented Event Items:
- Professional sound systems
- Decorative backdrops & photo booths
- Outdoor seating setups
City-Wise Rental Trends
Here’s a quick city-wise snapshot of what people are renting the most:
| City | Top Rental Item | Demand Growth (Monthly) |
|---|---|---|
| Bangalore | Home office furniture | +21% |
| Mumbai | Air conditioners | +34% |
| Delhi NCR | Self-drive cars | +18% |
| Chennai | Washing machines | +29% |
| Hyderabad | Two-wheelers | +25% |
How NobuyRent is Powering the Rental Revolution
NobuyRent offers a P2P rental marketplace where businesses and individuals can list and rent products securely. It facilitates:
- Verified Listings
- Secure Payments
- Real-Time Availability
- Flexible Rental Plans
By promoting underutilized assets, NobuyRent empowers sustainability and revenue generation.
Explore the platform now at www.nobuyrent.com and be part of India’s growing rental economy.
Here's What to Expect Next Month
In the coming monsoon season, there may be more demand for:
- Fitness equipment
- Water-proof equipment
- Indoor board games and reading books
Stay tuned with our monthly rental report series to stay informed on India’s evolving rental trends!
Conclusion
Renting is not yet another trend—it's a practica and sustainable consumption pattern change in India. Thanks to platforms like NobuyRent, consumers can now have more autonomy, convenience, and affordability at their fingertips.
Start renting smarter, save money, and reduce waste.