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Customized Tent Rental Services Revolutionizing The Party Supply Market Trend: A Crucial Influence on the Party Supply Rental Market's Transformation in 2025
What industry-specific factors are fueling the growth of the party supply rental market?The rising budgets for event expenses are expected to drive the growth of the party supply rental market. As companies seek immersive event experiences, the demand for party supplies such as decorations and accessories is increasing. A 2023 survey from American Express Global Business Travel found that 67% of companies forecasted higher event spending in 2024. As a result, rising event budgets are contributing to the growth of the party supply rental market.
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What Is the projected market size and growth rate for the party supply rental market?
The party supply rental market has grown rapidly in recent years, with its value rising from $12.84 billion in 2024 to $14.71 billion in 2025, at a CAGR of 14.6%. This growth is driven by the increasing number of social events, economic expansion, rising disposable incomes, urbanization, and a growing population.
The party supply rental market is expected to experience rapid growth, reaching $25.12 billion by 2029 at a CAGR of 14.3%. Growth drivers include the rise of online booking platforms, demand for themed parties, and corporate events. Trends include sustainability, customization, and the expansion of rental inventory.
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What new trends are reshaping the party supply rental market and its opportunities?
Companies in the party supply rental market are focusing on customization and personalization, particularly in services like tent rentals, to enhance customer satisfaction. Tent rental services offer a variety of sizes and styles to accommodate different types of events. For instance, in May 2024, Jump Monkey's Party Rental in Houston, Texas, launched a new tent rental service offering a selection of marquee and pole tents. The service includes various event accessories, such as tables and chairs, allowing customers to personalize their event setups to match their specific needs.
What major market segments define the scope and growth of the party supply rental market?
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
Subsegments:
1) By Tableware And Linens: Tablecloths, Napkins, Table Runners, Chair Covers, Placemats, Table Settings (Plates, Cutlery, Cups)
2) By Decorations And Decor: Balloons, Streamers, Banners, Centerpieces, Wall Hangings, String Lights, Candles, Flower Arrangements
3) By Furniture And Seating: Chairs (Folding, Lounge, Chiavari), Tables (Banquet, Cocktail, Round, Rectangular), Sofas And Lounge Furniture, Ottomans, Benches
4) By Tents And Canopies: Frame Tents, Pole Tents, Marquee Tents, Canopy Covers, Party Pavilions
5) By Audio And Visual Equipment: Speakers And Sound Systems, Microphones (Wired And Wireless), Projectors, Screens, Lighting (Stage Lighting, Ambient Lighting), Audio Mixers
6) By Party Games And Entertainment: Inflatable Games (Bouncy Castles, Obstacle Courses), Carnival Games, Photo Booths, Karaoke Machines, Giant Jenga, Cornhole Boards
7) By Catering Equipment: Chafing Dishes, Food Warmers, Serving Trays And Platters, Buffet Stations, Drink Dispensers, Beverage Stations (Coffee Urns, Water Coolers), Ice Machines
8) By Themed Party Supplies: Themed Props (Birthdays, Weddings, Holidays), Themed Tableware And Decor, Party Favors, Costume Rentals, Photo Booth Props
9) By Dinnerware And Glassware: Plates (Dinner, Salad, Dessert), Bowls (Soup, Salad, Serving), Glasses (Wine, Champagne, Water, Tumblers), Cutlery (Forks, Knives, Spoons), Mugs, Pitchers
10) By Outdoor Cooking And Grilling Equipment: Grills (Charcoal, Gas, Electric), Bbq Smokers, Outdoor Ovens, Grilling Accessories (Tongs, Brushes), Propane Tanks, Outdoor Cooking Stations
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Which region dominates the party supply rental market?
North America was the largest region in the party supply rental market in 2023. The regions covered in the party supply rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the party supply rental industry growth?
Major companies operating in the party supply rental market are CORT Party Rental Corporation, Chase Canopy Company Inc., Marquee Event Group LLC, Bright Event Rentals LLC, Quest Events LLC, Hartmann Studios Inc, Stamford Tent & Event Services Inc, Hall's Rental Service Inc, All Occasions Party Rental Inc, Party Reflections Inc, Stuart Event Rentals Inc, Event Source Inc, Avalon Event Rentals Inc, Baker Party Rentals, Classic Party Rentals LLC, Elite Party Rentals Inc, Abbey Tent & Party Rentals Inc, Diamond Event and Tent LLC, Gervais Party and Tent Rentals Inc, Prime Event Group Inc, Signature Party Rentals LLC, The Fun Ones Inc, Total Events LLC, US Event Structures Inc, Xtreme Fun Rentals Inc, Platinum Event Rentals LLC, Ventura Rental Center Inc.
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What Is Covered In The Party Supply Rental Global Market Report?
•Market Size Forecast: Examine the party supply rental market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the party supply rental market for a structured understanding.
•Key Players Overview: Analyze major players in the party supply rental market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the party supply rental market.
•Segment Contributions: Evaluate how different segments drive overall growth in the party supply rental market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the party supply rental market.
•Industry Challenges: Identify potential risks and obstacles affecting the party supply rental market.
•Competitive Landscape: Review strategic developments in the party supply rental market, including expansions, agreements, and new product launches.
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