Overview

Life of the party: Increases in average weekly earnings have boosted industry revenue growth

IBISWorld’s Party Supply Rental market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

The Party Supply Rental industry has performed well in the past five years, benefiting from stable demand growth from a range of markets, and greater acceptance of the industry's products and services. According to the Hire and Rental Industry Association (HRIA), the total value of the hire and rental market in Australia is projected to be $6.5 billion each year. IBISWorld expects that the Party Supply Rental industry accounts for between 6% and 7% of this, at $441.7 million in 2016-17. Most of the hire and rental market's value is derived from renting and hiring construction, mining and landscaping equipment; vehicles; office supplies; and other products outside the industry...

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What is the Party Supply Rental industry?

The industry rents out a range of party supplies and equipment to households and the corporate sector. Rental fees include delivery and collection services, product set-up services and the removal of rented items.

Furniture rentals

Furniture rentals include indoor and outdoor tables and chairs, lounges, umbrellas and bar stools. Many companies rent these products due to the low cost of purchasing and storing these items and the high demand from customers. However, this also makes this segment the most competitive, with lower margins than other segments. This product segment accounts for an estimated 23.0% of industry revenue in 2016-17. Thi...

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Products & Brands

Major products in this industry
Furniture rentals
Tableware rentals
Marquee and canopy rentals
Lighting and sound equipment rentals
Kitchenware rentals
Stage and flooring rentals
Other party equipment rentals
Examples of brands in this Industry
Harry the Hirer

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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