Online Clothing Rental Market Size By Dress Code, By End-User, By Geographic Scope And Forecast


Posted May 7, 2020 by jennysmith

Online Clothing Rental Market was valued at USD 1.1 Billion in 2019 and is projected to reach USD 2.2 Billion by 2027, growing at a CAGR of 8.5% from 2020 to 2027.

 
Online Clothing Rental Market Size And Forecast
According to Verified Market Research, Global Online Clothing Rental Market was valued at USD 1.1 Billion in 2019 and is projected to reach USD 2.2 Billion by 2027, growing at a CAGR of 8.5% from 2020 to 2027.

What is Online Clothing Rental?
Online clothing rental is a service that includes services through which individuals can rent various clothing items to the consumers as per their requirement for a certain period of time. These services are more convenient and cost-effective for consumers. The user can take various clothing items on rent for different occasion such as corporate parties, film making, wedding ceremony, theme party, photo shoots, and many more. Online clothing rental further provides wide range of dresses, easy payment, and delivery of clothes in time.

Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=38112&utm_source=Free&utm_medium=004

Global Online Clothing Rental Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Rising consumer preference towards rental designer dresses owing to benefits offered by it is a key factor expected to drive the growth of the global online clothing rental market. Moreover, increasing penetration of smartphones, tablets, laptops, and the internet in developed and developing countries coupled with expanding e-commerce industry across the globe is another major factor anticipated to fuel the market growth. However, less customization option and low societal acceptance of the idea of renting clothes might limit market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Online Clothing Rental Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Online Clothing Rental Market Competitive Landscape
The “Global Online Clothing Rental Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Le Tote, Gwynnie Bee, The Clothing Rental, Flyrobe.com, Rent the runway, Share Wardrobe, Secoo Holding li Mited, Swapdom, StyleLend, and Dress Hire. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Get More Information @ – https://www.verifiedmarketresearch.com/download-sample/?rid=38112&utm_source=Free&utm_medium=004

Online Clothing Rental Market, By Dress Code
• Formal
• Casual
• Traditional

Online Clothing Rental Market, By End-User
• Men
• Women
• Others

Online Clothing Rental Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags online clothing rental market
Last Updated May 7, 2020