Online Clothing Rental Market, Share, Size, Forecast 2021-26 – The Grundy Register

According to the latest report from the IMARC group, entitled Global online clothing rental market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,“the global online clothing rental market at grow at a CAGR of around 7% over the period 2021-2026. Online clothing rental refers to rental services through which consumers can rent clothes for a predefined period of time. It offers a cost-effective solution for those with budget constraints. These services are ideal for those who prefer to wear designer clothes on special occasions and events.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Global Online Clothing Rental Market Trends:

The global market is mainly influenced by the changing lifestyle preferences of the working population. In this light, the growing urban population with a sense of high fashion is contributing significantly to the growth of the market. Apart from this, increasing internet penetration coupled with increasing adoption of smartphones is driving the growth of the market. Additionally, the rapid expansion of the online retail industry across the globe is further catalyzing the growth of the market. Additionally, increasing investment in promotional strategies adopted by leading manufacturers like leveraging the growing trend of sustainable fashion to attract customers is creating a positive outlook for the market.

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Analysis and segmentation of the global online clothing rental market 2021-2026:

Competitive landscape with key players:

The competitive landscape of the industry was also reviewed with some of the major players. to be:

  • Clothing rental
  • Get dressed and go
  • Praise him Bae
  • Glam Corner Pty Ltd
  • Gwynnie Bee
  • The tote
  • Rent La Piste Inc.
  • StyleLend

Breakdown by clothing style:

  • western clothes
  • ethnic dress
  • Others

Breakdown by end user:

Breakdown by price range:

Breakdown by end-use sector:

  • Business to consumer (B2C)
  • Business to business (B2B)

Breakdown by Business Model:

  • Peer-to-peer model
  • Stand-alone model
  • Hybrid model

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

To note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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