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Online men’s clothing rental Market Revenue of Top Companies Future Forecast until 2027

Online men’s clothing rental Market Revenue of Top Companies

global online men’s clothing rental market was valued at $233.7 million in 2019 and is anticipated to grow at a CAGR of 12.6% from 2020 to 2027. The factor impacting the overall growth of the online men’s clothing rental market growth include growing disposable income, increasing interest in cosplay, and an increase in Internet penetration in developing countries.

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COVID Analysis

According to our Analysis, The COVID-19 pandemic has led to supply disruptions and shortages of clothing products. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to remains continue for some time. As per the government instruction across the globe has resulted in the closing of retails stores as well as online e-commerce stores (for about 2-3 months) as a precautionary measure for non-essential goods.

Competitor Analysis

The top 4 companies having the highest market share in Online Men’s Clothing Rental market include Men’s Wearhouse (Tailored Brands), CandidKnots, Express Style Trial, Bombfell, Inc, and Others

Segment Analysis

The online men’s clothing rental market report published today includes market revenue generated through type and application. On the basis of Type, the Western wear segment accounts for the highest share in 2019 while ethnic wear is expected to grow considerably during the forecast period. Based on the application, the B2B segment accounts for the largest market share in 2019.

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Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.

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