Tools commonly used in the Rental Supplies (Wholesale) industry for day-to-day tasks and operations.

• Scaffolding
• Power tools
• Generators
• Air compressors
• Pressure washers
• Lawn and garden equipment
• Concrete mixers
• Welding equipment
• Lighting equipment
• Pumps

Common products and services typical of NAICS Code 425120-37, illustrating the main business activities and contributions to the market.

• Party rentals
• Construction equipment rentals
• Audiovisual equipment rentals
• Office equipment rentals
• Tool rentals
• Heavy equipment rentals
• Tent rentals
• Furniture rentals
• Costume rentals
• Camera and photography equipment rentals

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• OSHA Forklift Certification: This certification is required for anyone who operates a forklift in the workplace. It ensures that the operator is trained in the safe operation of the forklift and can prevent accidents. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• DOT Hazardous Materials Certification: This certification is required for anyone who handles, transports, or ships hazardous materials. It ensures that the individual is trained in the safe handling and transportation of hazardous materials and can prevent accidents. The certification is provided by the Department of Transportation (DOT).
• EPA Lead Certification: This certification is required for anyone who performs lead-based paint activities in pre-1978 housing or child-occupied facilities. It ensures that the individual is trained in the safe handling and removal of lead-based paint and can prevent lead poisoning. The certification is provided by the Environmental Protection Agency (EPA).
• ANSI A92.2 Certification: This certification is required for anyone who operates aerial work platforms such as scissor lifts and boom lifts. It ensures that the operator is trained in the safe operation of the equipment and can prevent accidents. The certification is provided by the American National Standards Institute (ANSI).
• NATE Certification: This certification is required for anyone who installs, maintains, or repairs heating, ventilation, air conditioning, and refrigeration (HVACR) systems. It ensures that the individual is trained in the safe installation, maintenance, and repair of HVACR systems and can prevent accidents. The certification is provided by the North American Technician Excellence (NATE).

A concise historical narrative of NAICS Code 425120-37 covering global milestones and recent developments within the United States.

• The rental supplies industry has been around for centuries, with the first recorded rental business being a rental of horses in ancient Rome. In the 20th century, the industry saw significant growth with the introduction of rental cars, construction equipment, and party supplies. In the United States, the industry has seen a surge in demand for rental supplies due to the rise of the sharing economy and the increasing popularity of renting over buying. The industry has also been impacted by technological advancements, such as the development of online rental platforms and the use of RFID technology to track inventory.

The anticipated future trajectory of the NAICS 425120-37 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The rental supplies (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for rental equipment and supplies from various industries such as construction, healthcare, and events. The growth of the construction industry and the increasing number of events and festivals in the country are expected to drive the demand for rental supplies. Additionally, the trend of renting equipment instead of buying is expected to continue due to the cost-effectiveness and flexibility it offers. However, the industry may face challenges such as rising competition and the impact of the COVID-19 pandemic on the events industry. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Rental Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Online Rental Platforms: The industry has seen the emergence of online rental platforms that allow customers to rent equipment and supplies online, making the process more convenient and accessible.
• Sustainable Rental Options: Some companies in the industry are offering sustainable rental options such as eco-friendly equipment and supplies, which cater to the growing demand for environmentally conscious practices.
• Contactless Rental Options: In response to the COVID-19 pandemic, some companies in the industry have introduced contactless rental options, which allow customers to rent equipment and supplies without physical contact with the rental company.
• Advanced Tracking and Monitoring Systems: Some companies in the industry are using advanced tracking and monitoring systems to keep track of their rental equipment and supplies, which helps to reduce loss and theft.
• Customized Rental Solutions: Some companies in the industry are offering customized rental solutions to cater to the specific needs of their customers, which helps to improve customer satisfaction and loyalty.