The global online clothing rental market reached a value of US$ 1.26 Billion in 2019. Online clothing rental can be described as a collection of services that enable consumers to rent garments for a predefined period. These portals offer designer apparel, footwear and accessories in a wide range of sizes, colours and brands. These services are commonly utilized by budget-conscious individuals who prefer to wear premium branded products at affordable prices for occasional events, such as weddings, theme parties, photoshoots and filmmaking.
The thriving online retail industry is one of the key factors driving the growth of the market across the globe. Furthermore, rising urban population with higher fashion consciousness is also contributing to the increasing service demand. There is an emerging trend of wearing designer apparel without actually owning them, especially among millennials, to keep up with the ever-changing fashion trends. Additionally, increasing awareness regarding sustainable clothing and positive environmental effects of sharing and reusing apparels is another factor favoring the market growth. Sustainability approaches, such as reusing pre-owned apparel, utilizing minimal plastic packaging, efficiently using recyclable, renewable and production resources such as, power, water and other materials are increasingly being preferred, which in turn, is contributing to the market growth. Moreover, with an increasing emphasis on sharing instead of owning, online clothing rental services enable the brand- and price-conscious consumers to try a wide variety of outfits without purchasing them. Other factors, including increasing adoption of subscription-based models, rising internet penetration rates and inflating disposable income levels, are projected to drive the market further. Looking forward, IMARC Group expects the market to reach a value of US$ 2.08 Billion by 2025, exhibiting a CAGR of 8.7% during 2020-2025.
Breakup by Clothing Styles:
- Western Wear
- Ethnic Wear
- Others
Breakup by End User:
Breakup by Price Range:
Breakup by End Use Sector:
- Business to Consumer (B2C)
- Business to Business (B2B)
Breakup by Business Model:
- Peer-to-Peer Model
- Standalone Model
- Hybrid Model
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players. being Clothing Rental, Dress & Go, Rent it Bae, Glam Corner Pty Ltd, Gwynnie Bee, Le Tote, Rent The Runway Inc., StyleLend, etc.
Key Questions Answered in This Report:
- How has the global online clothing rental market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the clothing styles?
- What is the breakup of the market based on the end user?
- What is the breakup of the market based on the price range?
- What is the breakup of the market based on the end use sector?
- What is the breakup of the market based on the business model?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global online clothing rental market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Online Clothing Rental Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Clothing Styles
6.1 Western Wear
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Ethnic Wear
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by End User
7.1 Women
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Men
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Kids
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Price Range
8.1 Low
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Mid
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Premium
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End Use Sector
9.1 Business to Consumer (B2C)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Business to Business (B2B)
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Business Model
10.1 Peer-to-Peer Model
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Standalone Model
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Hybrid Model
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Clothing Rental
16.3.2 Dress & Go
16.3.3 Rent it Bae
16.3.4 Glam Corner Pty Ltd
16.3.5 Gwynnie Bee
16.3.6 Le Tote
16.3.7 Rent the Runway Inc.
16.3.8 StyleLend
List of Figures
Figure 1: Global: Online Clothing Rental Market: Major Drivers and Challenges
Figure 2: Global: Online Clothing Rental Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Online Clothing Rental Market: Breakup by Clothing Styles (in %), 2019
Figure 4: Global: Online Clothing Rental Market: Breakup by End User (in %), 2019
Figure 5: Global: Online Clothing Rental Market: Breakup by Price Range (in %), 2019
Figure 6: Global: Online Clothing Rental Market: Breakup by End Use Sector (in %), 2019
Figure 7: Global: Online Clothing Rental Market: Breakup by Business Model (in %), 2019
Figure 8: Global: Online Clothing Rental Market: Breakup by Region (in %), 2019
Figure 9: Global: Online Clothing Rental Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 10: Global: Online Clothing Rental (Western Wear) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Online Clothing Rental (Western Wear) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Online Clothing Rental (Ethnic Wear) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Online Clothing Rental (Ethnic Wear) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Online Clothing Rental (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Online Clothing Rental (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Online Clothing Rental (Women) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Online Clothing Rental (Women) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Online Clothing Rental (Men) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Online Clothing Rental (Men) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Online Clothing Rental (Kids) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Online Clothing Rental (Kids) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Online Clothing Rental (Low) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Online Clothing Rental (Low) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Online Clothing Rental (Mid) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Online Clothing Rental (Mid) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Online Clothing Rental (Premium) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Online Clothing Rental (Premium) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Online Clothing Rental (Business to Consumer) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Online Clothing Rental (Business to Consumer) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Online Clothing Rental (Business to Business) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Online Clothing Rental (Business to Business) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Online Clothing Rental (Peer-to-Peer Model) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Online Clothing Rental (Peer-to-Peer Model) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Online Clothing Rental (Standalone Model) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Online Clothing Rental (Standalone Model) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Online Clothing Rental (Hybrid Model) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Online Clothing Rental (Hybrid Model) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: North America: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: North America: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: United States: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: United States: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Canada: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Canada: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Asia Pacific: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Asia Pacific: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: China: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: China: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Japan: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Japan: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: India: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: India: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: South Korea: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: South Korea: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Australia: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Australia: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: Indonesia: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: Indonesia: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: Others: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: Others: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Europe: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Europe: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Germany: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Germany: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: France: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: France: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: United Kingdom: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: United Kingdom: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Italy: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Italy: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Spain: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Spain: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Russia: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Russia: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Others: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Others: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Latin America: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Latin America: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Brazil: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Brazil: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Mexico: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Mexico: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Others: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 84: Others: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 85: Middle East and Africa: Online Clothing Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 86: Middle East and Africa: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 87: Global: Online Clothing Rental Industry: SWOT Analysis
Figure 88: Global: Online Clothing Rental Industry: Value Chain Analysis
Figure 89: Global: Online Clothing Rental Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Online Clothing Rental Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Online Clothing Rental Market Forecast: Breakup by Clothing Styles (in Million US$), 2020-2025
Table 3: Global: Online Clothing Rental Market Forecast: Breakup by End User (in Million US$), 2020-2025
Table 4: Global: Online Clothing Rental Market Forecast: Breakup by Price Range (in Million US$), 2020-2025
Table 5: Global: Online Clothing Rental Market Forecast: Breakup by End Use Sector (in Million US$), 2020-2025
Table 6: Global: Online Clothing Rental Market Forecast: Breakup by Business Model (in Million US$), 2020-2025
Table 7: Global: Online Clothing Rental Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: Global: Online Clothing Rental Market: Competitive Structure
Table 9: Global: Online Clothing Rental Market: Key Players