Tools commonly used in the Clothing & Accessories Rental industry for day-to-day tasks and operations.

• Inventory management software
• Point of sale (POS) system
• Online booking system
• Tailoring equipment
• Steaming equipment
• Dry cleaning equipment
• Hangers and garment bags
• Sewing machines
• Irons and ironing boards
• Clothing racks

Common products and services typical of NAICS Code 532281-05, illustrating the main business activities and contributions to the market.

• Wedding dress rental
• Tuxedo rental
• Suit rental
• Evening gown rental
• Prom dress rental
• Costume jewelry rental
• Handbag rental
• Shoe rental
• Maternity dress rental
• Designer dress rental

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

• Occupational Safety and Health Administration (OSHA) Certification: Required for employees who handle hazardous materials or operate heavy machinery. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• National Fire Protection Association (NFPA) Certification: Required for employees who handle flammable materials or work in environments with a high risk of fire. The certification is provided by the National Fire Protection Association (NFPA).
• American Rental Association (ARA) Certification: Provides training and certification for rental industry professionals. The certification is provided by the American Rental Association (ARA).
• Certified Event Rental Professional (CERP) Certification: Provides training and certification for event rental professionals. The certification is provided by the American Rental Association (ARA).
• Certified Professional In Catering and Events (CPCE) Certification: Provides training and certification for catering and event professionals. The certification is provided by the National Association for Catering and Events (NACE).

A concise historical narrative of NAICS Code 532281-05 covering global milestones and recent developments within the United States.

• The Clothing & Accessories Rental industry has a long history dating back to the 19th century when it was common for people to rent formal wear for special occasions. In the 20th century, the industry expanded to include costumes and other accessories for events such as Halloween and themed parties. In recent years, the industry has seen a surge in popularity due to the rise of sustainable fashion and the sharing economy. In the United States, the industry has experienced significant growth in the past decade, with companies like Rent the Runway and Bag Borrow or Steal leading the way in the rental of high-end fashion items.

The anticipated future trajectory of the NAICS 532281-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The Clothing & Accessories Rental industry in the USA is expected to grow in the coming years due to the increasing popularity of rental services among consumers. The industry is expected to benefit from the growing trend of sustainability and the shift towards a circular economy. The rise of online rental platforms and the increasing adoption of technology in the industry are also expected to contribute to the growth of the industry. However, the industry may face challenges such as the high cost of maintaining inventory and the need to constantly update the rental offerings to keep up with changing fashion trends. Overall, the industry is expected to experience steady growth in the coming years.

Recent groundbreaking advancements and milestones in the Clothing & Accessories Rental industry, reflecting notable innovations that have reshaped its landscape.

• Rent the Runway: This online rental platform allows customers to rent designer dresses and accessories for special occasions. The company has expanded its offerings to include everyday wear and has also introduced a subscription service.
• Gwynnie Bee: This clothing rental service offers a subscription-based model for plus-size women's clothing. The company has also introduced a try-before-you-buy program.
• Armoire: This clothing rental service uses AI to recommend clothing to customers based on their preferences and style. The company also offers a membership program that includes free shipping and dry cleaning.
• The Black Tux: This online rental platform offers high-quality suits and tuxedos for men. The company has also introduced a virtual try-on feature to help customers find the perfect fit.
• Nuuly: This clothing rental service is owned by Urban Outfitters and offers a wide range of clothing from various brands. The company also allows customers to purchase items they rent at a discounted price.