2025 Formal Wear & Costume Rental Industry Report

Market Size and Industry Forecast

The Formal Wear and Costume Rental industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Formal Wear & Costume Rental industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Formal Wear & Costume Rental companies in the United States.

Distribution by Company Size

Company Size	All Industries	Formal Wear & Costume Rental
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Formal Wear & Costume Rental Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Formal Wear & Costume Rental Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Rental and leasing of formal wear, costumes, and accessories
Other products
Consumer goods rental and leasing related services
Reselling services for merchandise, retail
Related services, not elsewhere classified
Damage waiver
Delivery/pick-up services for home goods and equipment

Formal Wear & Costume Rental Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%
Chief Executives	0%
General and Operations Managers	3%
Sales and Related Occupations	32%
Retail Sales Workers	22%
Counter and Rental Clerks and Parts Salespersons	20%
Counter and Rental Clerks	20%
Office and Administrative Support Occupations	15%
Information and Record Clerks	5%
Installation, Maintenance, and Repair Occupations	13%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	7%
Transportation and Material Moving Occupations	24%
Motor Vehicle Operators	12%
Driver/Sales Workers and Truck Drivers	8%
Light Truck or Delivery Services Drivers	5%
Material Moving Workers	10%
Laborers and Material Movers, Hand	9%
Laborers and Freight, Stock, and Material Movers, Hand	5%

Government Contracts

The federal government spent an annual total of $74,944 on the formal wear & costume rental industry. It has awarded 4 contracts to 3 companies, with an average value of $24,981 per company.

Top Companies in Formal Wear & Costume Rental and Adjacent Industries

Company	Address	Revenue ($ Millions)