Online Clothing Rental Market, By Demography (Women, Men, Kids), By Business Model (Peer-to-Peer Model, Standalone Model, Hybrid Model), By Price Range (Premium, Mid, Low), By End-user (B2C (Business to Customer), B2B (Business to Business)), By Type (Wes

Online Clothing Rental Market, By Demography (Women, Men, Kids), By Business Model (Peer-to-Peer Model, Standalone Model, Hybrid Model), By Price Range (Premium, Mid, Low), By End-user (B2C (Business to Customer), B2B (Business to Business)), By Type (Western Wear, Ethnic Wear, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Online clothing rental involves a novel concept where consumers can rent clothes for a specific period of time. People who are looking for designer dresses but lacking financial resources make use of these services. Also, people who are participating in different events such as parties, sports events, theme parties, and photoshoot can make use of this service.
Market Dynamics
Increasing adoption of western trends across developing regions coupled with the growing middle-class population is expanding the consumer base of the online clothing rental market. Growing digitalization across developed as well as developing region and increasing focus of the provider to come up with an innovative solution such as live chats with professionals and stylist is also expected to fuel the market growth of clothing rental market.
Rise in apparel & fashion industry across the Asia Pacific region is augmenting the market growth of online clothing rental. This is attributed to growing internet penetration and the development of the overall economy. According to the India Brand Equity Foundation, India’s internet economy is expected to double from US$125 billion in April 2017 to US$ 250 billion by 2020, majorly backed by ecommerce. Hence, growing internet users is accelerating the market growth of online clothing rental.
Lack of awareness regarding the benefits of online rental products among the consumer due to lack of advertisement is expected to restrict the market growth of online clothing rental. Most of the consumers residing in developing countries are not aware of the online clothing rental platforms.
Key features of the study:
This report provides in-depth analysis of the global online clothing rental market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on online clothing rental market.
It profiles key players in the global online clothing rental market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Rent the Runway, Poshmark, Elanic Services Private Limited, Dress & Go , GlamCorner Pvt Ltd., Envoged, Etashee, Secoo Holdings Limited, and Secret Wardrobe
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global online clothing rental market report caters to various stakeholders in this industry including investors, suppliers, online clothing rental manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the online clothing rental market
Detailed Segmentation:
Global Online Clothing Rental Market, By Demography:
Women
Men
Kids
Global Online Clothing Rental Market, By Business Model:
Peer-to-Peer Model
Standalone Model
Hybrid Model
Global Online Clothing Rental Market, By Price Range:
Premium
Mid
Low
Global Online Clothing Rental Market, By End-user:
B2C (Business to Customer)
B2B (Business to Business)
Global Online Clothing Rental Market, By Type:
Western Wear
Ethnic Wear
Others
Global Online Clothing Rental Market, By Region:
North America
U.S.
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Canada
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Europe
U.K.
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Germany
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
France
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Italy
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Spain
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Russia
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Rest of Europe
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Asia Pacific
China
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
India
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Japan
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
ASEAN
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Australia
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
South Korea
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Rest of Asia Pacific
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Latin America
Brazil
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Mexico
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Rest of Latin America
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Middle East & Africa
Middle East
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Africa
By Demography
Women
Men
Kids
By Business Model
Peer-to-Peer Model
Standalone Model
Hybrid Model
By Price Range
Premium
Mid
Low
By End-user
B2C (Business to Customer)
B2B (Business to Business)
By Type
Western Wear
Ethnic Wear
Others
Company Profiles
Rent the Runway *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Poshmark
Elanic Services Private Limited
Dress & Go
GlamCorner Pvt Ltd.
Envoged
Etashee
Secoo Holdings Limited
Secret Wardrobe
“*” marked represents similar segmentation in other categories in the respective section.