Industry Description
This U.S. industry comprises establishments primarily engaged in renting clothing, such as formal wear, costumes (e.g., theatrical), or other clothing (except laundered uniforms and work apparel).
Cross-References.
Business Examples
Common types of business activities within NAICS 532281 - Formal Wear and Costume Rental are:
- Bridal wear rental
- Dress suit rental
- Costume rental
- Clothing rental (except industrial launderer, linen supply)
- Theatrical wardrobe and costume rental
- Motion picture wardrobe and costume rental
- Suit rental
- Fur rental
- Graduation cap and gown rental
- Formal wear rental
- Wardrobe rental
- Gown rental
- Tuxedo rental
IBISWorld Industry Research Report
Formal Wear & Costume Rental in the US (53222)
Revenue 2025
$1bn
Growth 2025
-2.37%
Key Trends
Competition from online-based rental companies has been intensifying over the past five years
The trend toward sustainable fashion has bolstered demand for industry services
As the number of marriages continues to fall, the need for formal wear will slump
Products and Services
Similar Industries
For some business types, there may be a similar industry to 532281 - Formal Wear and Costume Rental that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Establishments primarily engaged in laundering and supplying uniforms and other work apparel are classified in U.S. Industry 812332, Industrial Launderers.
IBISWorld industry research report
NAICS Hierarchy 532281 - Formal Wear and Costume Rental
NAICS Code 532281 - Formal Wear and Costume Rental sits in the 2-digit Formal Wear and Costume Rental sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 53
Sector Title: Real Estate and Rental and Leasing
3 Digits 4 Digits 5 Digits 6 Digits
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5311 Lessors of Real Estate
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53111 Lessors of Residential Buildings and Dwellings
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53112 Lessors of Nonresidential Buildings (except Miniwarehouses
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53113 Lessors of Miniwarehouses and Self-Storage Units
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53119 Lessors of Other Real Estate Property
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5312 Offices of Real Estate Agents and Brokers
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53121 Offices of Real Estate Agents and Brokers
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5313 Activities Related to Real Estate
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53131 Real Estate Property Managers
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53132 Offices of Real Estate Appraisers
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53139 Other Activities Related to Real Estate
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5321 Automotive Equipment Rental and Leasing
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53211 Passenger Car Rental and Leasing
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53212 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
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5322 Consumer Goods Rental
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53221 Consumer Electronics and Appliances Rental
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53228 Other Consumer Goods Rental
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5323 General Rental Centers
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53231 General Rental Centers
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5324 Commercial and Industrial Machinery and Equipment Rental and Leasing
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53241 Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing
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53242 Office Machinery and Equipment Rental and Leasing
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53249 Other Commercial and Industrial Machinery and Equipment Rental and Leasing
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5331 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works
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53311 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 532281 - Formal Wear and Costume Rental.
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