Product Code: 137097-05-23
Online Clothing Rental Market is Expected to Grow at 8.0% by 2031. Online clothing rental services is a form of renting clothes for a certain period of time through various online channels, thus linking customers with online clothing rental portals without any involvement of a third person. Clothes related to various occasions such as corporate parties, wedding ceremony, photo shoots, theme party, and others have strengthened the demand for buying the rented clothes through online channels.
Rising trend of online shopping due to escalation in internet penetration especially in Asian countries is expected to intensify the online clothing rental market till 2023. Apart from this, rising urban population along with higher fashion consciousness and boom in number of smartphone subscribers is likely to fuel the demand for renting clothes through online platforms in the future.
At present, North America is the largest market for online clothing rentals. Rising awareness about online clothing rentals, along with increasing women on workforce is projected to boost the online clothing rental demand in Asia Pacific region over the coming few years and will expand the growth during the forecast period. Rising trends of purchasing luxury apparels online is anticipated to bolster the growth of Europe online clothing rental market over the period.
The global online clothing rental market is mainly concentrated in North America and Asia. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Key Players Identified Across the Value Chain in the Online Clothing Rental Market include but are not limited to:
- Rent the runway
- The Clothing Rental
- Share Wardrobe
- Flyrobe.com
- Secoo Holding Limited
|
- Gwynnie Bee
- Le Tote
- Swapdom
- Style Lend
- Dress Hire
|
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Online Clothing Rental market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Online Clothing Rental market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS:
- Research Period: 2021-2031
- Base Year: 2022
- Forecast Period: 2023-2031
- Historical Year: 2021
- Unit: USD Million
Segmentation
Demography
Type
- Ethnic Wear
- Western Wear
- Others
End-User
- Business to Customer
- Business to Business
Region Segment (2021-2031; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Online Clothing Rental market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Online Clothing Rental market?
- Which is the largest regional market for Online Clothing Rental market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Online Clothing Rental market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Online Clothing Rental market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Online Clothing Rental Market
- 2.2. Global Online Clothing Rental Market, By Demography, 2022 (US$ Million)
- 2.3. Global Online Clothing Rental Market, By Type, 2022 (US$ Million)
- 2.4. Global Online Clothing Rental Market, By End-User, 2022 (US$ Million)
- 2.5. Global Online Clothing Rental Market, By Geography, 2022 (US$ Million)
- 2.6. Attractive Investment Proposition by Geography, 2022
3. Online Clothing Rental Market: Competitive Analysis
- 3.1. Market Positioning of Key Online Clothing Rental Market Vendors
- 3.2. Strategies Adopted by Online Clothing Rental Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2022 Versus 2031
4. Online Clothing Rental Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Online Clothing Rental Market Value, 2021 - 2031, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2022 Versus 2031
- 5.3. Market Segmentation
- 5.3.1. Men
- 5.3.2. Women
- 5.3.3. Kids
6. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2022 Versus 2031
- 6.3. Market Segmentation
- 6.3.1. Ethnic Wear
- 6.3.2. Western Wear
- 6.3.3. Others
7. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2022 Versus 2031
- 7.3. Market Segmentation
- 7.3.1. Business to Customer
- 7.3.2. Business to Business
8. North America Online Clothing Rental Market, 2021-2031, USD (Million)
- 8.1. Market Overview
- 8.2. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 8.3. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 8.4. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 8.5.Online Clothing Rental Market: By Region, 2021-2031, USD (Million)
- 8.5.1.North America
- 8.5.1.1. U.S.
- 8.5.1.1.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 8.5.1.1.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 8.5.1.1.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 8.5.1.2. Canada
- 8.5.1.2.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 8.5.1.2.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 8.5.1.2.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 8.5.1.3. Rest of North America
- 8.5.1.3.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 8.5.1.3.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 8.5.1.3.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
9. UK and European Union Online Clothing Rental Market, 2021-2031, USD (Million)
- 9.1. Market Overview
- 9.2. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.3. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.4. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 9.5.Online Clothing Rental Market: By Region, 2021-2031, USD (Million)
- 9.5.1.UK and European Union
- 9.5.1.1. UK
- 9.5.1.1.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.5.1.1.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.5.1.1.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 9.5.1.2. Germany
- 9.5.1.2.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.5.1.2.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.5.1.2.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 9.5.1.3. Spain
- 9.5.1.3.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.5.1.3.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.5.1.3.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 9.5.1.4. Italy
- 9.5.1.4.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.5.1.4.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.5.1.4.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 9.5.1.5. France
- 9.5.1.5.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.5.1.5.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.5.1.5.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 9.5.1.6. Rest of Europe
- 9.5.1.6.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 9.5.1.6.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 9.5.1.6.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
10. Asia Pacific Online Clothing Rental Market, 2021-2031, USD (Million)
- 10.1. Market Overview
- 10.2. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.3. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.4. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 10.5.Online Clothing Rental Market: By Region, 2021-2031, USD (Million)
- 10.5.1.Asia Pacific
- 10.5.1.1. China
- 10.5.1.1.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.5.1.1.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.5.1.1.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 10.5.1.2. Japan
- 10.5.1.2.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.5.1.2.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.5.1.2.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 10.5.1.3. India
- 10.5.1.3.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.5.1.3.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.5.1.3.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 10.5.1.4. Australia
- 10.5.1.4.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.5.1.4.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.5.1.4.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 10.5.1.5. South Korea
- 10.5.1.5.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.5.1.5.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.5.1.5.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 10.5.1.6. Rest of Asia Pacific
- 10.5.1.6.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 10.5.1.6.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 10.5.1.6.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
11. Latin America Online Clothing Rental Market, 2021-2031, USD (Million)
- 11.1. Market Overview
- 11.2. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 11.3. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 11.4. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 11.5.Online Clothing Rental Market: By Region, 2021-2031, USD (Million)
- 11.5.1.Latin America
- 11.5.1.1. Brazil
- 11.5.1.1.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 11.5.1.1.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 11.5.1.1.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 11.5.1.2. Mexico
- 11.5.1.2.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 11.5.1.2.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 11.5.1.2.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 11.5.1.3. Rest of Latin America
- 11.5.1.3.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 11.5.1.3.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 11.5.1.3.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
12. Middle East and Africa Online Clothing Rental Market, 2021-2031, USD (Million)
- 12.1. Market Overview
- 12.2. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 12.3. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 12.4. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 12.5.Online Clothing Rental Market: By Region, 2021-2031, USD (Million)
- 12.5.1.Middle East and Africa
- 12.5.1.1. GCC
- 12.5.1.1.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 12.5.1.1.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 12.5.1.1.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 12.5.1.2. Africa
- 12.5.1.2.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 12.5.1.2.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 12.5.1.2.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
- 12.5.1.3. Rest of Middle East and Africa
- 12.5.1.3.1. Online Clothing Rental Market: By Demography, 2021-2031, USD (Million)
- 12.5.1.3.1. Online Clothing Rental Market: By Type, 2021-2031, USD (Million)
- 12.5.1.3.1. Online Clothing Rental Market: By End-User, 2021-2031, USD (Million)
13. Company Profile
- 13.1. Rent the runway
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. The Clothing Rental
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Share Wardrobe
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. Flyrobe.com
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. Secoo Holding Limited
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Gwynnie Bee
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Le Tote
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. Swapdom
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. Style Lend
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
- 13.10. Dress Hire
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Portfolio
- 13.10.4. Strategic Initiatives