NAICS Code 53229 - Other Consumer Goods Rental

NAICS 53229 - Other Consumer Goods Rental

NAICS 53 - Real Estate and Rental and Leasing
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 532 - Rental and Leasing Services
  NAICS 531 - Real Estate NAICS 532 - Rental and Leasing Services NAICS 533 - Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
  - NAICS 5322 - Consumer Goods Rental
    NAICS 5321 - Automotive Equipment Rental and Leasing NAICS 5322 - Consumer Goods Rental NAICS 5323 - General Rental Centers NAICS 5324 - Commercial and Industrial Machinery and Equipment Rental and Leasing
    - NAICS 53229 - Other Consumer Goods Rental
      NAICS 53221 - Consumer Electronics and Appliances Rental NAICS 53222 - Formal Wear and Costume Rental NAICS 53223 - Video Tape and Disc Rental NAICS 53229 - Other Consumer Goods Rental

This industry comprises establishments primarily engaged in renting consumer goods (except consumer electronics and appliances, formal wear and costumes, and prerecorded video tapes).

Industry trends:

The NAICS 53229 category, covering Other Consumer Goods Rental, has witnessed significant shifts recently. One dominant trend is the increased preference for sustainable and eco-friendly rental options. Consumers are becoming more environmentally conscious, driving demand for goods that reduce waste and promote reuse. Another noticeable trend is the integration of digital technology. Companies are rapidly adopting mobile and online platforms to streamline rental processes, enhance customer service, and offer virtual try-before-you-rent experiences. Additionally, there is a rising trend of subscription-based models, allowing consumers to rent goods on a recurring basis, providing convenience and cost-effectiveness.

Looking ahead, the industry is expected to continue evolving towards greater digital transformation. Innovations such as AI-driven recommendations, augmented reality for product previews, and enhanced data analytics for consumer insights are likely to become more prevalent. Moreover, as sustainability continues to be a significant driving factor, the circular economy model—focusing on reuse and lifecycle extension—will gain further traction. Companies that can adapt to these technological advancements and consumer preferences for sustainability are forecasted to thrive in the near future.

This industry is comprised of:

NAICS 532291 - Home Health Equipment Rental

NAICS 532292 - Recreational Goods Rental

NAICS 532299 - All Other Consumer Goods Rental

Explore related industries:

NAICS 44311 - Appliance, Television, and Other Electronics Stores NAICS 45122 - Prerecorded Tape, Compact Disc, and Record Stores NAICS 81233 - Linen and Uniform Supply

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.