According to a report by Intel Market Research, the global Event Supply Rental Market was valued at USD 12.2 billion in 2024 and is projected to grow from USD 13.45 billion in 2025 to USD 25.32 billion by 2034, exhibiting a strong CAGR of 11.3% during the forecast period.
The market is experiencing rapid growth as businesses, event planners, and consumers increasingly prefer flexible and cost-effective rental solutions for weddings, corporate events, public gatherings, private parties, and exhibitions. Event supply rental services provide temporary access to furniture, tents, lighting, audio-visual systems, tableware, décor items, and customized event infrastructure without the burden of ownership and maintenance costs.
The rising popularity of experiential events, destination weddings, outdoor celebrations, and branded corporate experiences is significantly fueling market demand. In addition, the growing focus on sustainable event planning is encouraging organizations and individuals to adopt rental-based models that reduce waste and promote resource efficiency.
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