Press release
Australia Online Clothing Rental Market to Experience Significant Growth During the Forecast Period 2018-2025
Australia Online Clothing Rental Market
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The Australian retail industry is being reshaped by change in consumer expectation, technology, and emergence of new business models. Consumers today want to wear new apparels for almost every occasion. This makes it economically burdensome for consumers to purchase multiple designer apparels. In addition, the demand for fresh looks by millennials prompts them to order garments online, use it for that specific purpose, and then return them. Therefore, renting clothes provides an affordable alternative instead of direct purchase of these products. This primarily drives the growth of the online clothing rental market in Australia. With the availability of easy internet access, it is convenient for consumers to choose clothes from a variety of options and order them online for economical prices with hassle-free door-step delivery. This majorly propels the demand for the Australia online clothing rental market. However, clothes rented online are shared and thus, worn by several users leading to questions regarding hygiene of the product, which can act as a major drawback to the market. Providing customized clothing on rent to the consumers depending upon their specific requirement, can help to expand the consumer base in the country. This can be viewed as an opportunity by the rental providers.
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KEY BENEFITS FOR STAKEHOLDERS
o This report provides an extensive analysis of the current and emerging trends and dynamics in the Australia online clothing rental market.
o In-depth analysis is done by constructing market estimations for the key market segments to identify the prevailing market opportunities.
o This study evaluates the competitive landscape and value chain to understand the competitive environment across the geographies.
o A comprehensive analysis of the factors that drive and restrict the market growth is provided.
o A comprehensive analysis of the region is provided to determine the prevailing opportunities in these geographies.
KEY MARKET SEGMENTS
By End Users
o Women
o Men
o Kids
By Clothing Style
o Ethnic
o Western
o Others
Major Key Players In The Market Include
o Glam Corner Pty Ltd
o Your Closet Pty Ltd
o Her Wardrobe
o Something Borrowed
o The Volte
o Rent the Runway
o The Birdcage Stylist
o Dressed Up
o Dress for A Night
o Dress Hire Au
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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