Leading Online Clothing Rental End User Markets Databank
The Online Clothing Rental market was valued at $1,120.0 Million in 2020, and is projected to reach $2,611.2 Million by 2029 growing at a CAGR of 9.92% from 2021 to 2029. Women segment is expected to be the highest contributor to this market, with $670.3 Million in 2020, and is anticipated to reach $1,564.6 Million by 2029, registering a CAGR of 9.93%. Men segment is anticipated to reach $945.1 Million by 2029 with the highest CAGR of 9.97%. Women and Men segments collectively expected to account for about 95.9% share of the Online Clothing Rental market in 2020, with the former constituting around 59.8% share. Men and Women segments are expected to witness significant growth rates at a CAGR of 9.97% and 9.93% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 95.9% in the overall Online Clothing Rental market in 2020, and is anticipated to reach 96.1% by 2029.
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