The Party Supply Rental Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Party Supply Rental Market?
The market size for party supply rentals has seen swift expansion lately. It's projected to rise from $12.84 billion in 2024 to $14.71 billion in 2025, with a compound annual growth rate (CAGR) of 14.6%. The historical growth trend in the Party Supply Rental market has been upward.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Party Supply Rental Industry?
The party supply rental market is predicted to expand to a value of $25.12 billion by 2029, with a compound annual growth rate (CAGR) of 14.3%.
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What are the Key Growth Drivers Fueling the Party Supply Rental Market?
The drivers in the party supply rental market are:
• Surge in social events occurrence
• Improved economic conditions
• Rise in the level of disposable income
• Increased urbanization and population growth
Global Market Segmentation: Identifying Major Party Supply Rental Industry Segments
The party supply rental market covered in this report is segmented –
1) By Type: Tableware And Linens, Decorations And Decor, Furniture And Seating, Tents And Canopies, Audio And Visual Equipment, Party Games And Entertainment, Catering Equipment, Themed Party Supplies, Dinnerware And Glassware, Outdoor Cooking And Grilling Equipment
2) By Events Or Occasions: Weddings, Birthdays, Corporate Events, Seasonal Events, Graduations, Outdoor Events, Baby Showers, Anniversaries, Festivals And Fairs, Other Events Or Occasions
3) By Customer: Individual Consumers, Event Planners, Corporate Clients, Nonprofit Organizations, Government And Municipalities, Caterers And Catering Services
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What are the emerging Trends Shaping the Future of the Party Supply Rental Market?
The trends in the party supply rental market are:
• The trend of online booking platforms is increasingly advancing and digitizing the market.
• There is a growing trend for themed parties that drives the demand for unique and custom supplies.
• Augmented reality is becoming a new factor in the party supply rental market, enhancing customer experiences.
• There's a trend towards expanding rental inventory for a wider range of choices, catering to the rising demand for premium services.
Who Are the Top Competitors & Leading Players in the Party Supply Rental Market?
The major players in the party supply rental market are:
• CORT Party Rental Corporation
• Chase Canopy Company Inc
Regional Dominance: Which Area Leads the Global 2025 Party Supply Rental Market Insights: Analyzing Size, Share & Growth Potential Market?
North America was the largest region in the party supply rental market in 2023
