Number of General Rental Centers Businesses in the US (20002023)

As of 2023

1,845

general rental centers businesses in the United States

Number of Firms Over Time

2K2K3K3K4K20002005201020152020Number of Firms

Total Employment Over Time

15K22K29K36K44K20002005201020152020Total Employees

Key Insights

  • The general rental centers industry has declined 45.8% since 2000 (from 3,403 to 1,845 firms).
  • The peak year was 2002 with 3,425 firms.
  • Recent trend (last 5 years): the industry is shrinking (-10.1%).
  • Employment: 19,812 workers in 2023 (-49.9% change since 2000).
  • Estimated 5-year survival rate: 64%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
20231,8452,54519,8128.4%8.6%+2.1%
20221,9172,56719,0628.2%8.6%+7.5%
20211,8992,59317,8677.4%9.0%-9.1%
20201,9902,66119,6344.1%10.6%+1.1%
20192,0532,84519,5497.5%10.6%+0.1%
20182,0662,93819,5277.9%7.1%-0.6%
20172,1172,80019,3119.1%6.8%+4.2%
20162,1872,63919,2296.1%6.6%+3.7%
20152,2142,65818,5346.9%6.4%+4.6%
20142,2402,70517,9276.0%7.4%+4.1%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.