According to the Hire and Rental Industry Association (HRIA), the total value of the hire and rental market in Australia is estimated to be $4.0 billion in 2014-15. IBISWorld estimates that the Party Supply Rental industry accounts for 10.0% of this, at $405.1 million. The majority of the HRIA amount comes from the rental and hire of construction, mining and landscaping equipment; vehicles; office supplies; and other products outside of the industry.
The industry is largely influenced by general economic trends, changes in consumer incomes and business confidence.
This industry rents out tables, chairs, kitchenware, linen, centrepieces, stages, marquees, canopies, lighting and other items for public and private parties, small functions and events. The industry excludes products and services for major events, such as temporary fencing, portable toilets, temporary grandstand seating, fresh flowers, catering services and security services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.