In 2023, the rental services for movies and games on DVDs, tapes, and cassettes in non-store retailing stood at a notable position. Forecasts for this market in Canada show a consistent upward trajectory, with values projected to increase from 2024 through 2028. Specifically, the industry is set to experience steady year-on-year growth, with an average compound annual growth rate (CAGR) over these five years.
Key future trends to watch for include:
- The ongoing shift to digital platforms, which might impact physical rental services.
- Consumer preference changes and technological advancements in media delivery.
- Regulatory changes and economic factors that could influence market dynamics.
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