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Formal Wear & Costume Rental in Rhode Island

Author.Name IBISWorld United States Last Updated: August 2025 NAICS RI53222

Formal Wear & Costume Rental in Rhode Island industry analysis

The Formal Wear & Costume Rental industry in Rhode Island is expected to grow an annualized x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have increased an annualized x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Formal Wear & Costume Rental in Rhode Island Market Research Report

What’s Included in the Formal Wear & Costume Rental in Rhode Island Market Research Report

Definition of the Formal Wear & Costume Rental in Rhode Island?

Establishments in this industry primarily rent attire such as formal wear, costumes and other clothing to end consumers. This industry does not include companies that primarily sell these items, nor does it include Internet-based companies. This industry also does not include companies that primarily launder and supply uniforms and work apparel; these operators are included in the Industrial Laundry and Linen Supply industry (IBISWorld report 81233).

What’s included in the Formal Wear & Costume Rental in Rhode Island?

The Formal Wear & Costume Rental in Rhode Island includes men's formal wear, costumes and accessories rental, women's formal wear, costumes and accessories rental and consumer goods rental. Related terms covered in the Formal Wear & Costume Rental in Rhode Island industry report includes a tax on an imported item, the buying and selling of products and services via electronic systems, such as the internet and the demographic of americans born between 1946 and 1964, accounting for a major proportion of the population.

Industry Performance of the Formal Wear & Costume Rental industry in Rhode Island

Benchmark the Formal Wear & Costume Rental in Rhode Island industry performance with all RI county and national performance.

Formal Wear & Costume Rental in Rhode Island

#36 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Formal Wear & Costume Rental in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Formal Wear & Costume Rental industry in Rhode Island

See how key industry drivers, such as population, private investment in residential construction, house price index, marriage rate, number of adults aged 20 to 64 and per capita disposable income are impacting Formal Wear & Costume Rental in Rhode Island

Rhode Island Economic Indicators

Population
Private Investment in Residential Construction
House Price Index

View more economic information in RI State Economic profile

US Key External Drivers

Marriage rate
Number of adults aged 20 to 64
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Formal Wear & Costume Rental industry in Rhode Island

Access proprietary data on county in the Formal Wear & Costume Rental in Rhode Island, such as Providence County, Washington County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Formal Wear & Costume Rental industry in Rhode Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Formal Wear & Costume Rental industry in Rhode Island in 2025?

The market size of the Formal Wear & Costume Rental industry in Rhode Island is $3.3m in 2025.

How many businesses are there in the Formal Wear & Costume Rental industry in Rhode Island in 2025?

There are 7 businesses in the Formal Wear & Costume Rental industry in Rhode Island, which has been growing at an average annual rate of 3.1% from 2020 to 2025.

Has the Formal Wear & Costume Rental industry in Rhode Island grown or declined over the past 5 years?

The market size of the Formal Wear & Costume Rental industry in Rhode Island has been growing at an average annual rate of 8.0% from 2020 to 2025.

How many employees in the Formal Wear & Costume Rental industry in Rhode Island in 2025?

There are 15 employees in the Formal Wear & Costume Rental industry in Rhode Island, which has been growing at an average annual rate of 1.4% from 2020 to 2025.