Tools commonly used in the Costumes-Renting industry for day-to-day tasks and operations.

• Costume racks
• Hangers
• Steamer
• Sewing machine
• Iron
• Fabric scissors
• Measuring tape
• Glue gun
• Makeup kit
• Wig stand

Common products and services typical of NAICS Code 532281-01, illustrating the main business activities and contributions to the market.

• Halloween costumes
• Theatrical costumes
• Cosplay costumes
• Mascot costumes
• Historical costumes
• Superhero costumes
• Fantasy costumes
• Animal costumes
• Pop culture costumes
• Christmas costumes

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

• Business License: A business license is required to operate a costume rental business in the US. The requirements for obtaining a business license vary by state and locality. The Small Business Administration provides information on how to obtain a business license in each state.
• Sales Tax Permit: A sales tax permit is required to collect sales tax on costume rentals in most states. The requirements for obtaining a sales tax permit vary by state. The Small Business Administration provides information on how to obtain a sales tax permit in each state.
• Fire Safety Permit: A fire safety permit may be required to operate a costume rental business in some states. The requirements for obtaining a fire safety permit vary by state and locality. The National Fire Protection Association provides information on fire codes and standards.
• Occupational Safety and Health Administration (OSHA) Compliance: OSHA sets and enforces safety standards for workplaces in the US. Costume rental businesses must comply with OSHA standards to ensure the safety of their employees. The OSHA website provides information on compliance requirements.
• Copyright Law Compliance: Costume rental businesses must comply with copyright laws when renting out costumes. The US Copyright Office provides information on copyright law and how to obtain permission to use copyrighted material.

A concise historical narrative of NAICS Code 532281-01 covering global milestones and recent developments within the United States.

• The Costumes-Renting industry has a long history dating back to the ancient Greeks and Romans who used costumes in their theatrical performances. In the Middle Ages, costumes were used in religious plays and festivals. The first costume rental shop in the United States was established in 1880 in New York City. The industry grew rapidly in the 20th century, with the rise of Hollywood and the film industry. Costume rental shops became popular among theater groups, schools, and individuals who wanted to dress up for Halloween or other events. In recent years, the industry has seen a surge in demand due to the popularity of cosplay and other costume-related events. In the United States, the Costumes-Renting industry has experienced significant growth in recent years. According to Statista, the industry generated $1.17 billion in revenue in 2019, up from $1.07 billion in 2015. The growth can be attributed to the increasing popularity of Halloween and other costume-related events, as well as the rise of cosplay and other fandom-related activities. The industry has also benefited from the growth of the entertainment industry, with more films and TV shows being produced each year. Overall, the Costumes-Renting industry has a rich history and a bright future ahead.

The anticipated future trajectory of the NAICS 532281-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Costumes-Renting industry in the USA is positive. The industry is expected to grow due to the increasing popularity of costume parties, Halloween celebrations, and other events that require costumes. Additionally, the rise of social media has led to an increase in the number of people who want to post pictures of themselves in unique and creative costumes, which has further boosted demand for costume rentals. The industry is also expected to benefit from the growing trend of sustainable fashion, as renting costumes is a more eco-friendly option than buying new ones. However, the industry may face challenges from the COVID-19 pandemic, as social distancing measures and restrictions on large gatherings have reduced demand for costumes.

Recent groundbreaking advancements and milestones in the Costumes-Renting industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Costume Try-On Technology: Some costume rental companies have started using virtual try-on technology that allows customers to see how a costume will look on them before renting it. This technology uses augmented reality to superimpose the costume onto a live video of the customer, making it easier for them to choose the right costume.
• Customizable Costumes: Some costume rental companies now offer customizable costumes that allow customers to mix and match different pieces to create a unique look. This has become popular among customers who want to stand out and have a one-of-a-kind costume.
• Online Rental Platforms: The rise of online rental platforms has made it easier for customers to rent costumes from the comfort of their own homes. These platforms offer a wide range of costumes and accessories, and some even offer free shipping and returns.
• Sustainable Costumes: Some costume rental companies have started offering sustainable costumes made from eco-friendly materials. These costumes are designed to be reused multiple times, reducing the environmental impact of the industry.
• Pop-Up Costume Shops: Some costume rental companies have started opening pop-up shops in malls and other high-traffic areas during the Halloween season. These shops offer a convenient way for customers to rent costumes without having to travel to a dedicated costume rental store.