Online clothing rental services is a provision of renting clothes for a definite period through online platforms, thereby connecting distributors and retailers and customers to the potential customers. Festive clothes (outfits) related to various events such as wedding, corporate parties, theme parties, films and photo shoots are witnessing increasing demand in the online clothing rental market. Online clothing rental portals offer a wide range of clothes which can be filtered by size, color ... Read more
In terms of value, the global online clothing rental market is anticipated to expand at a CAGR of 9.8% during the forecast period and is expected to be valued at US$ 1,952.4 Mn by the end of 2026.
Rising spending on fashion worldwide is expected to boost overall market growth
A rising preference for gaining access to designer clothing and ever changing fashion statements ... Read more
In terms of value, the global online clothing rental market is anticipated to expand at a CAGR of 9.8% during the forecast period and is expected to be valued at US$ 1,952.4 Mn by the end of 2026.
Online Clothing Rental Market to Witness a Rise of US$ 1,952.4 Mn by the end of 2026
Future Market Insights delivers key insights on the global online clothing rental market in a new report titled, “Online Clothing Rental Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. In terms of value, the global online clothing rental market is expected to register a CAGR of 9.8% during the forecast period owing to various factors, which ... Read more
Future Market Insights delivers key insights on the global online clothing rental market in a new report titled, “Online Clothing Rental Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. In terms of value, the global online clothing rental market is expected to register a CAGR of 9.8% during the forecast period owing to various factors, which are analysed in detail in this report.
In terms of value, the global online clothing rental market is anticipated to expand at a CAGR of 9.8% during the forecast period and is expected to be valued at US$ 1,952.4 Mn by the end of 2026.
Rising spending on fashion worldwide is expected to boost overall market growth
A rising preference for gaining access to designer clothing and ever changing fashion ... Read more
“Online Clothing Rental Market: Global Demand Analysis & Opportunity Outlook 2023”
The global online clothing rental market is segmented into demography such as women, men and kids. Among these segments, women segment is expected to occupy top position in overall online clothing rental market during the forecast period. Increasing preference of women to wear designer clothes and availability of cost effective options is anticipated to impel the growth of women ... Read more
Online clothing rental comprises services through which individuals can rent items of clothing for a predefined period. These services are of benefit to individuals participating in occasionally conducted events, such as wedding parties, theme parties, corporate parties, and photoshoots and filmmaking. Fashion-conscious individuals lacking the financial resources to purchase the clothing of their choice can also make use of online clothing rental services.
A) Market Overview:
The online clothing rental market is expected to witness significant growth over the forecast period. Online clothing rental services enable consumers to rent fashionable clothing items for a specific period, offering them a cost-effective and sustainable alternative to traditional retail shopping. These platforms provide various advantages, including access to a wide range of designer clothing, convenience, affordability, and reduced environmental ... Read more
Market Overview:
The global Online Clothing Rental Market is estimated to be valued at US$ 1,313.0 million in 2023 and is expected to exhibit a CAGR of 10.33% over the forecast period 2023-2030. Online clothing rental services provide a convenient and cost-effective solution for consumers to rent clothes for special occasions, reducing the need for frequent purchases and promoting sustainability. The advantages of online clothing rental include ... Read more
The online clothing rental market involves renting of clothing items such as dresses, tops, jeans, blazers and other accessories through online portals or apps for a limited period of time. Renting clothes offers numerous benefits over outright ownership such as access to high-end designer pieces at affordable prices, reduced environmental impact and option to change latest fashion trends frequently without spending much.
The Online Clothing Rental Market is estimated to be valued at ... Read more
