Online Clothing Rental Market Industry Scenario, Strategies, Growth Factors And Forecast 2027

Online clothing rental is a service that enables customers to rent clothes for a specific period of time. This service is beneficial for consumers looking for a designer dress for occasions such as theme parties, wedding parties, and corporate parties, and filmmaking. Moreover, this service is also suitable for individuals going through temporary changes in their physique.

Online clothing rental involves a novel concept where consumers can rent clothes for a specific period of time. People who are looking for designer dresses but lacking financial resources make use of these services. Also, people who are participating in different events such as parties, sports events, theme parties, and photoshoot can make use of this service.

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Increasing adoption of western trends across developing regions coupled with the growing middle-class population is expanding the consumer base of the online clothing rental market. Growing digitalization across developed as well as developing region and increasing focus of the provider to come up with an innovative solution such as live chats with professionals and stylist is also expected to fuel the market growth of clothing rental market.

Detailed Segmentation:

Global Online Clothing Rental Market, By Demography:
Women
Men
Kids

Global Online Clothing Rental Market, By Business Model:
Peer-to-Peer Model
Standalone Model
Hybrid Model

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Key companies covered as a part of this study include Rent the Runway, Poshmark, Elanic Services Private Limited, Dress & Go , GlamCorner Pvt Ltd., Envoged, Etashee, Secoo Holdings Limited, and Secret Wardrobe

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