Number of Recreational Goods Rental Businesses in the US (2000–2023)
As of 2023
7,005
recreational goods rental businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The recreational goods rental industry has declined 52.3% since 2000 (from 14,697 to 7,005 firms).
- •The peak year was 2000 with 14,697 firms.
- •Recent trend (last 5 years): the industry is growing (+5.4%).
- •Employment: 115,659 workers in 2023 (-54.1% change since 2000).
- •Estimated 5-year survival rate: 59%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 7,005 | 13,988 | 115,659 | 9.9% | 10.1% | +3.8% |
| 2022 | 6,799 | 13,856 | 110,051 | 12.1% | 14.6% | +11.6% |
| 2021 | 6,162 | 14,223 | 97,347 | 7.5% | 14.7% | -23.1% |
| 2020 | 6,537 | 15,285 | 123,331 | 7.3% | 10.8% | -6.2% |
| 2019 | 6,647 | 15,808 | 131,439 | 5.3% | 10.0% | +0.0% |
| 2018 | 6,746 | 16,562 | 131,371 | 5.3% | 11.1% | -2.7% |
| 2017 | 6,884 | 17,650 | 135,240 | 13.4% | 14.4% | -7.6% |
| 2016 | 7,074 | 17,989 | 143,988 | 5.5% | 6.9% | +1.0% |
| 2015 | 7,167 | 18,262 | 142,003 | 6.7% | 8.5% | -1.9% |
| 2014 | 7,196 | 18,581 | 144,433 | 5.7% | 10.9% | -2.0% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.