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Routine Rental

Rental services offer more basic consumer goods for practicality

Implications - While rental services often sway toward more high-end services, a growth in more compact and sustainable living has consumers seeking out more basic rental options. Offering the temporary use of kitchen appliances and children's toys, unique rental options provide individuals with the convenience of basic goods without any long-term commitment.
Trend Themes
1. Rental Services for Basic Needs - There is a trend towards offering rental services for basic consumer goods - e.g. kitchen appliances and children's toys - to cater to consumers seeking out more compact and sustainable living.
2. Access Over Ownership - Consumers increasingly value access over ownership, leading to the development of networks and services that offer to rent outdoor equipment, cooking appliances, and toys.
3. Vending Machine Rentals - Communal sharing services, such as tool vending machines, are being developed to provide easy access to handy instruments and tools for users to borrow as required.
Industry Implications
1. Rental Industry - The rental industry is expanding, providing opportunities for entrepreneurs to innovate with new rental services for basic and practical needs.
2. Sharing Economy - The sharing economy is growing as consumers increasingly value access over ownership and look for sustainable ways to use products and services, creating opportunities to develop innovative new platforms and networks.
3. Smart Vending Machines - The development of smart vending machines is increasing, with entrepreneurs exploring various models to offer easy access to products and resources in a convenient and efficient way.
4.4
Score
Popularity
Activity
Freshness
Patterns
Megatrends
8 Featured, 60 Examples:
539,872 Total Clicks
Date Range:
Jan 13 — Jan 15
Trending:
Warm
Consumer Insight Topics:

Featured Examples

Communal Tool Sharing
Communal Tool Sharing
This Concept Proposes Vending Machine Rentals of Handy Implements
Not everyone can justify investing in a set of tools, which is why this concept for a tool sharing program is so clever. Together, Choi Seungho, Hong Uihwoan, Han Jisoo and Song Yoonji came up with... MORE
Toy Rental Services
Toy Rental Services
Pley Lets People Rent LEGO Sets Instead of Buying Them
Every year LEGO releases a new set that children bug their parents to buy for them as soon as they get wind of it; instead of purchasing expensive building block collection, a toy rental service... MORE
Bike-Promoting Community Companies
Bike-Promoting Community Companies
'Get Cycling' is a Social Enterprise Promoting a Healthy Life
‘Get Cycling’ is a registered Community Interest Company that aims to promote cycling for all that its good for, that is, the environment, the self, for fun, for exercise and as a means... MORE
Toy Car Rental Agencies
Toy Car Rental Agencies
Hot Wheels' Rental Car Agency Helps Determine the Hottest Models
With some help from Ogilvy and Mather Paris, Mattel worked with Europcar to develop the first ever ‘Rental Car Agency for Kids.’ The agencies were set up within Europcar offices and... MORE
Cell Rental Kiosks
Cell Rental Kiosks
The Public Mobile Phone System Lets You Hire Handsets Temporarily
Just about everybody in the developed world has a cellphone (as do a surprising number of people in the developing world!), so how do you deal with those occasions when you must separate yourself... MORE
Camping Gear Rentals
Camping Gear Rentals
GearCommons is a Network Where You Can Rent Outdoor Equipment as Needed
Camping is an activity that can be lots of fun, provided that you’re prepared with the right equipment—unfortunately, this can get pretty expensive, but GearCommons’ camping gear... MORE
Hair Extension Rental Services
Hair Extension Rental Services
The Nelson j Salon Offers a More Affordable Alternative
The 2009 Chris Rock-produced documentary ‘Good Hair’ revealed just how much money is spent a year on hair extensions and it will boggle the mind; In response to such an expensive ‘... MORE
Cooking Appliance Rentals
Cooking Appliance Rentals
The Kitchen Library Allows Members to Take Out Culinary Equipment
The Kitchen Library allows Canadians to rent kitchen appliances on a short-term basis. The non-profit lending library works similarly to a regular library, except instead of sharing books, you can... MORE

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