Rental and leasing of recreational and sports goods

NACE v2.0 Code: N77.21

About rental and leasing of recreational and sports goods

NACE code 77.21 covers the rental and leasing of recreational and sports goods, an important industry that supports various leisure and sporting activities. This industry plays a vital role in the broader economy by providing access to specialized equipment and gear, enabling individuals and organizations to engage in a wide range of recreational and sporting pursuits without the need for significant capital investment. The rental and leasing of recreational and sports goods facilitates participation in activities such as skiing, snowboarding, cycling, water sports, and team sports, among others, making these activities more accessible to a wider audience.

Production process

Businesses operating under NACE code 77.21 typically acquire recreational and sports equipment through wholesale or direct purchase from manufacturers. They then maintain, clean, and store the equipment to ensure it is in good working condition for rental. The rental process often involves the provision of necessary accessories, such as helmets, life jackets, or protective gear, to ensure the safety and comfort of the end-users. Efficient inventory management and logistics are crucial to ensure the timely availability of the required equipment at the point of rental.

Production inputs

The main inputs for the rental and leasing of recreational and sports goods industry include the purchase of various types of equipment, such as skis, snowboards, bicycles, kayaks, and sports balls. Additionally, businesses in this industry require storage facilities, transportation, and maintenance tools to properly care for and manage their inventory. Skilled personnel, such as equipment technicians and customer service representatives, are also essential inputs to ensure the smooth operation of the rental business.

Production outputs

The primary output of the rental and leasing of recreational and sports goods industry is the provision of access to a wide range of equipment and gear for recreational and sporting activities. The end-users of these services can include individual consumers, as well as organizations such as 93.11 Sports activities and 93.12 Activities of sport clubs, which may rent equipment for their members or participants. The rental and leasing of recreational and sports goods supports the broader 93.00 Sports activities and amusement and recreation activities industry by facilitating participation in various leisure and sporting pursuits.

Revisions to 77.21

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 77.21. The most recent 1 version of this code (77.21) is in the NACE v2.1 system:

This page shows a legacy version of code 77.21 ( NACE v2.0).

Newer versions

Related ISIC Codes

These isic codes are related to this econ code: (77.21).

ISIC code ISIC Version ISIC title
7721ISIC v4.0Renting and leasing of recreational and sports goods

Related CPC Codes

These CPC codes are related to this econ code: (77.21).

CPC code CPC Version CPC title
73240CPC v2.1Leasing or rental services concerning pleasure and leisure equipment

Family tree for rental and leasing of recreational and sports goods

    graph LR
    A["<a href='/classifications/nace/v2/N'>N: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2/N/77'>77: Rental and leasing activities</a>"]
B --> C["<a href='/classifications/nace/v2/N/77/2'>77.2: Rental and leasing of personal and household goods</a>"]
C --> D["<a href='/classifications/nace/v2/N/77/21'>77.21: Rental and leasing of recreational and sports goods</a>"]

    C --> E["<a href='/classifications/nace/v2/N/77/22'>77.22: Rental of video tapes and disks</a>"]
C --> F["<a href='/classifications/nace/v2/N/77/29'>77.29: Rental and leasing of other personal and household goods</a>"]

    

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