Change Language

Select Language

Press Release:

Global Online Clothing Rental Market to Grow at 9.75% During 2022-2027, Spurred by Growing Brand-Consciousness Among Individuals

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Online Clothing Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global online clothing rental market reached a value of US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2027, exhibiting a CAGR of 9.75% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. 

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.

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global online clothing rental market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on clothing styles, end user, price range, end use sector and business model.

Breakup by Clothing Styles:

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Western Wear
  • Ethnic Wear
  • Others
     

Breakup by End User:

  • Women
  • Men
  • Kids
     

Breakup by Price Range:

  • Low
  • Mid
  • Premium
     

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:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • 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. and StyleLend, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Clothing Styles, End User, Price Range, End Use Sector, Business Model, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Clothing Rental, Dress & Go, Rent it Bae, Glam Corner Pty Ltd, Gwynnie Bee, Le Tote, Rent The Runway Inc., and StyleLend
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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    Impact of COVID-19
    5.4    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$), 2016-2021
Figure 3: Global: Online Clothing Rental Market: Breakup by Clothing Styles (in %), 2021
Figure 4: Global: Online Clothing Rental Market: Breakup by End User (in %), 2021
Figure 5: Global: Online Clothing Rental Market: Breakup by Price Range (in %), 2021
Figure 6: Global: Online Clothing Rental Market: Breakup by End Use Sector (in %), 2021
Figure 7: Global: Online Clothing Rental Market: Breakup by Business Model (in %), 2021
Figure 8: Global: Online Clothing Rental Market: Breakup by Region (in %), 2021
Figure 9: Global: Online Clothing Rental Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Online Clothing Rental (Western Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Online Clothing Rental (Western Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Online Clothing Rental (Ethnic Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Online Clothing Rental (Ethnic Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Online Clothing Rental (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Online Clothing Rental (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Online Clothing Rental (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Online Clothing Rental (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Online Clothing Rental (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Online Clothing Rental (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Online Clothing Rental (Kids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Online Clothing Rental (Kids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Online Clothing Rental (Low) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Online Clothing Rental (Low) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Online Clothing Rental (Mid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Online Clothing Rental (Mid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Online Clothing Rental (Premium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Online Clothing Rental (Premium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Online Clothing Rental (Business to Consumer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Online Clothing Rental (Business to Consumer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Online Clothing Rental (Business to Business) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Online Clothing Rental (Business to Business) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Online Clothing Rental (Peer-to-Peer Model) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Online Clothing Rental (Peer-to-Peer Model) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Online Clothing Rental (Standalone Model) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Online Clothing Rental (Standalone Model) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Online Clothing Rental (Hybrid Model) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Online Clothing Rental (Hybrid Model) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia Pacific: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia Pacific: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Online Clothing Rental Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Online Clothing Rental Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Online Clothing Rental Market Forecast: Breakup by Clothing Styles (in Million US$), 2022-2027
Table 3: Global: Online Clothing Rental Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: Global: Online Clothing Rental Market Forecast: Breakup by Price Range (in Million US$), 2022-2027
Table 5: Global: Online Clothing Rental Market Forecast: Breakup by End Use Sector (in Million US$), 2022-2027
Table 6: Global: Online Clothing Rental Market Forecast: Breakup by Business Model (in Million US$), 2022-2027
Table 7: Global: Online Clothing Rental Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Online Clothing Rental Market: Competitive Structure
Table 9: Global: Online Clothing Rental Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The global online clothing rental market was valued at US$ 1.9 Billion in 2021.

We expect the global online clothing rental market to exhibit a CAGR of 9.75% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of subscription-based models by numerous clothing rental companies, owing to the changing consumer inclination towards online retail platforms for renting the clothes.

The growing fashion consciousness, the increasing demand for high-end designer clothing to keep up with the changing fashion trends, and the rising adoption of smartphones with improved internet connectivity, are primarily driving the global online clothing rental market.

Based on the clothing styles, the global online clothing rental market can be segmented into western wear, ethnic wear, and others. Currently, ethnic wear holds the majority of the total market share.

Based on the end user, the global online clothing rental market has been divided into women, men, and kids. Among these, women currently exhibit a clear dominance in the market.

Based on the price range, the global online clothing rental market can be categorized into low, mid, and premium. Currently, low price range accounts for the majority of the global market share.

Based on the end use sector, the global online clothing rental market has been segregated into Business to Consumer (B2C) and Business to Business (B2B), where Business to Consumer (B2C) currently holds the largest market share.

Based on the business model, the global online clothing rental market can be bifurcated into peer-to-peer model, standalone model, and hybrid model. Currently, standalone model exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global online clothing rental market include Clothing Rental, Dress & Go, Rent it Bae, Glam Corner Pty Ltd, Gwynnie Bee, Le Tote, Rent The Runway Inc., StyleLend, etc.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Duty-free and Travel Retail Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Japan Heated Tobacco Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Camping Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

India Electric Water Heater Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Athletic Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )

Drop us an email at

sales@imarcgroup.com

Social Links