PUBLISHER: The Business Research Company | PRODUCT CODE: 1816769
PUBLISHER: The Business Research Company | PRODUCT CODE: 1816769
Party supply rental entails the provision of various items and equipment required for parties, events, celebrations, or gatherings on a rental basis. These businesses offer a diverse range of products and party essentials for a specified duration to enhance convenience for customers.
The primary types of party supply rental encompass 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, and outdoor cooking and grilling equipment. Tableware and linens consist of items such as plates, cups, cutlery, napkins, tablecloths, and placemats utilized during meals at parties, contributing to both functionality and aesthetic appeal. These rentals cater to a variety of events or occasions, including weddings, birthdays, corporate events, seasonal events, graduations, outdoor gatherings, baby showers, anniversaries, festivals and fairs, among others. Customers served include individual consumers, event planners, corporate clients, nonprofit organizations, governments and municipalities, as well as caterers and catering services.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a notable impact on the services sector, particularly in business services, IT, and professional consulting. The increased costs of imported technology, office equipment, and critical digital infrastructure are driving up operating expenses for service providers, compelling them to either pass these costs on to clients or absorb the financial strain themselves. Outsourcing firms and IT service providers are grappling with higher hardware costs and supply chain delays, which are disrupting project timelines and squeezing profitability. Furthermore, retaliatory tariffs have weakened demand for U.S.-based professional services in key global markets, slowing export-driven revenues. To navigate these challenges, the sector must focus on accelerating digital transformation, optimizing costs, and strengthening domestic client relationships to sustain growth and remain competitive in an increasingly uncertain trade environment.
The party supply rental market research report is one of a series of new reports from the business research company that provides party supply rental market statistics, including party supply rental industry global market size, regional shares, competitors with an party supply rental market share, detailed party supply rental market segments, market trends and opportunities, and any further data you may need to thrive in the party supply rental industry. This party supply rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The party supply rental market size has grown rapidly in recent years. It will grow from $12.84 billion in 2024 to $14.62 billion in 2025 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to increased social events, economic growth, rising disposable income, urbanization, and growing population.
The party supply rental market size is expected to see rapid growth in the next few years. It will grow to $24.52 billion in 2029 at a compound annual growth rate (CAGR) of 13.8%. The growth in the forecast period can be attributed to increasing advancements in online booking platforms, growing preferences for themed parties, increasing corporate events, and rising demand for premium services. Major trends in the forecast period include sustainability focus, customization demand, integration of augmented reality, enhanced customer experience, and expansion of rental inventory.
The forecast of 13.8% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. The U.S. may face rising inventory acquisition costs as decorative props, themed furniture, and reusable dishware sourced from Vietnam and the UK grow more expensive for event rental businesses. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The party supply rental market is poised for growth due to increasing budgets allocated for event expenses. This rise in budgets is fueled by the rising demand for immersive event experiences and the need to meet heightened attendee expectations in today's competitive landscape. These event funds are often directed towards party supplies, enhancing attendee experiences with a diverse array of decorations and accessories. For example, a survey conducted by American Express Global Business Travel revealed that 67% of companies anticipate an uptick in overall event spending in 2024, with 10% expecting a significant increase of 11% or more. Additionally, 70% of respondents foresee attendee numbers returning to pre-pandemic levels by 2024.
Key players in the party supply rental market are prioritizing customization and personalization services, such as tent rentals, to ensure customer satisfaction and provide reliable and efficient service. Tent rental services offer a wide selection of tent sizes, styles, and accessories, allowing hosts to create memorable experiences regardless of weather conditions or venue limitations. For instance, Jump Monkey's Party Rental recently introduced a tent rental service in Houston, Texas, featuring an assortment of marquee and pole tents suitable for various events, from weddings to corporate gatherings. Their extensive selection of tables and chairs enables customers to customize the event layout and decor to suit their preferences.
In March 2023, Chair-Man Mills Corp. (CMMC), a company based in Canada that specializes in event and tent services, completed the acquisition of Higgins Event Rentals for an undisclosed sum. This strategic move bolsters the capabilities of both organizations to provide an extensive range of high-quality products and top-notch services to leading venues, catering services, event organizers, and corporate clients in Ontario. Higgins Event Rentals, also based in Canada, is known for its comprehensive offerings in event rentals, particularly party supplies.
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.
North America was the largest region in the party supply rental market in 2024. The regions covered in the party supply rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the party supply rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The party supply rental market includes revenue earned by providing services such as delivery and pickup, setup and installation, consultation and planning. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Party Supply Rental Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on party supply rental market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for party supply rental ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The party supply rental market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.