Industry Analysis & Industry Trends
The main event
A renewal in corporate profit and household disposable income will benefit the Party Supply Rental industry. While profit margins plummeted for rental companies during the five years to 2011, more firms will team up with catering services in order to charge higher prices and boost demand. Furthermore, as consumers expand their party budgets demand for party supply rentals will increase.... purchase to read more
Industry Report - Industry Investment Chapter
The Party Supply Rental industry has a moderate level of capital intensity. In 2011, for every $1.00 spent on labor, operators spent $0.13 in capital investment. This total is a slight increase compared with 2006, when companies spent $0.12 in capital investment for every $1.00 spent on wages. In general, the capital requirements that are necessary to begin operations are relatively minimal. To begin a small party rental company that specializes in household parties, entrants can spend as little as $5,000, but companies will typically invest at least $15,000 in order to have a more extensive product and equipment range for their clients. Party equipment typically has a life-span of two to three years, and then companies need to replace supplies... purchase to read more