Learn about the global online clothing rental market through The Business Research Company, which provides information on online clothing rental market size, online clothing rental market drivers and restraints, online clothing rental market players, the COVID-19 impact on the online clothing rental market, and more.

The global online clothing rental market size is expected to grow from $1.28 billion in 2021 to $1.41 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The global online garment rental market size is expected to grow to $2.11 billion in 2026 at a CAGR of 10.5%.

The increasing mobile and internet penetration is expected to propel the growth of the online clothing rental market.

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An online clothing rental market consists of sales of online clothing rental services by entities (organizations, sole traders, and partnerships) that provide services through which consumers can rent garments for a predefined period. Individuals who plan to wear new costumes for special occasions such as weddings, theme parties, corporate parties, photoshoots, and film shoots may benefit from these services. Rental services are also a cost-effective solution for those with tight budgets who are unable to purchase garments from their preferred brands.

Global Online Clothing Rental Market Segments Include:

By Clothing Style: Western Wear, Ethnic Wear, Others

By Dress Code: Formal, Casual, Traditional

By Price Range: Low, Mid, Premium

By End-User: Women, Men, Kids

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the online clothing retail market in 2021

Technological advancements are shaping the online clothing rental market. Technological advancement has helped online clothing businesses to sync up all their operations and business processes.

TBRC’s online clothing rental market report covers:

Major Market Players: Style Lend Company, Rotaro, Rent the Runway, Rent It Bae Company, Mine for Nine LLC, Le Tote, La Reina, Gwynnie Bee, Glam Corner Pty Ltd., FlyRobe, Dress Hire, Dress & Go, ThreadTread, Stylish Play, and Secret Wardrobe.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Online Clothing Rental Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides online clothing rental market overviews, analyzes and forecasts market size, share, online clothing rental market players, online clothing rental market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s online clothing rental market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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