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Party Supply Rental Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Party Supply Rental Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Party Supply Rental Market?
The party supply rental market has experienced significant growth recently. It is expected to grow from $12.84 billion in 2024 to $14.71 billion in 2025, at a CAGR of 14.6%. The expansion is driven by an increase in social events, economic growth, rising disposable income, urbanization, and population growth.
The party supply rental market is expected to experience rapid growth, reaching $25.12 billion by 2029 with a CAGR of 14.3%. The growth is driven by the rise of online booking platforms, increasing preference for themed parties, more corporate events, and a growing demand for premium services. Key trends include a focus on sustainability, demand for customization, the integration of augmented reality, improved customer experiences, and expanded rental inventories.
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What Are the Different Party Supply Rental Market 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
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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What Are the Primary Drivers Shaping the Party Supply Rental Market?
Rising event budgets are expected to fuel the growth of the party supply rental market. As companies seek to create more immersive experiences and meet higher attendee expectations, spending on party supplies is increasing. According to a 2023 survey, 67% of companies predict higher event spending in 2024, reflecting the growing need for rental services to enhance event experiences.
Which Companies Are Leading in the Party Supply Rental Market?
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.
What Trends Are Expected to Dominate the Party Supply Rental Market in the Next 5 Years?
In the party supply rental market, companies are prioritizing personalized services like tent rentals to deliver reliable and tailored experiences. Tent rentals come in various sizes and styles to suit multiple occasions regardless of location or weather. In May 2024, Jump Monkey's Party Rental, a U.S.-based party rental business, introduced a tent rental service in Houston, Texas. The service includes different marquee and pole tent options along with a wide selection of tables and chairs, enabling customers to customize event setups according to their preferences.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Party Supply Rental Market?
2. What is the CAGR expected in the Party Supply Rental Market?
3. What Are the Key Innovations Transforming the Party Supply Rental Industry?
4. Which Region Is Leading the Party Supply Rental Market?
Why This Report Matters:
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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