The online clothing rental market which was USD 1.86 billion in 2022, would rocket up to USD 3.77 billion by 2030 and is expected to undergo a CAGR of 10.60% during the forecast period of 2023 to 2030.
Online Clothing Rental Market Analysis and Size
The online clothing rental market has emerged as a popular alternative to traditional retail, allowing consumers to rent clothing items for a limited period instead of purchasing them outright. It offers individuals the opportunity to access a wide variety of fashionable attire without the need for large investments or long-term commitments. It caters to those seeking novelty and variety in their wardrobe without the burden of storing or disposing of items.
Data Bridge Market Research analyses that the online clothing rental market which was USD 1.86 billion in 2022, would rocket up to USD 3.77 billion by 2030, and is expected to undergo a CAGR of 10.60% during the forecast period of 2023 to 2030.
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Global Online Clothing Rental Market Regional Analysis/Insights
The online clothing rental market is analyzed, and market size insights and trends are provided by product type, business model, consumer orientation, and end-user and are referenced above.
The countries covered in the online clothing rental market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific in Asia-Pacific, and U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of the Middle East and Africa in Middle East and Africa.
Competitive Landscape and Online Clothing Rental Market Share Analysis
The online clothing rental market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the online clothing rental market.
Some of the major players operating in the online clothing rental market are:
- Rent the Runway (U.S.)
- Omapal Technologies Private Limited (India)
- GlamCorner (Australia)
- UNION STATION KANSAS CITY (U.S.)
- Etiquette Formal Hire Ltd. (U.K.)
- Gwynnie Bee Inc. (U.S.)
- Le Tote, Inc. (U.S.)
- Flyrobe (India)
- Chic by Choice (Portugal)
- La Reina (U.S.)
- STYLE LEND (U.S.)
- Gwynnie Bee Inc. (U.S.)
- American Eagle Outfitters (U.S.)
- Poshmark (U.S.)
- Envoged (India)
- Secoo Holding (China
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Online Clothing Rental Market
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