Global Online Clothing Rental Market Growth Analysis And Indications – Includes Online Clothing Rental Market Share
The Business Research Company’s report goes into great detail on the online clothing rental market size and growth, online clothing rental market regional analysis, online clothing rental market competitive landscape, and other critical information needed to excel in the online clothing rental industry.
Major players in the online clothing rental market include 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.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
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%.
North America was the largest region in the online clothing retail market in 2021.
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.
The increasing mobile and internet penetration is expected to propel the growth of the online clothing rental market.
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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 Global Online Clothing Rental Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Online Clothing Rental Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the online clothing rental market globally and regionally, analyzes and forecasts market size, share, online clothing rental market players, online clothing rental market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
Clothing And Clothing Accessories Stores Global Market Report 2022
Fashion E-Commerce Global Market Report 2022
Ethical Fashion Global Market Report 2022
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