Press release
Online Clothing Rental Market to Reach US$ 3.3 Billion by 2027 | CAGR of 9.75
According to the latest report by IMARC Group, titled "Online Clothing Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," 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. Online clothing rental is the renting clothing online rather than purchasing it. The online clothing rental business offers multiple services allowing customers to rent apparel for a set period of time. Individuals who plan to wear new costumes for special occasions, such as weddings, theme parties, corporate parties, photoshoots, and film shoots, may benefit from these services. They are cost-effective solutions for those with tight budgets who cannot purchase garments from their preferred brands.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The COVID 19 pandemic has adversely affected the online clothing retail market. Since public gatherings, including weddings and family get-togethers had to be canceled or postponed due to the mandatory lockdown restrictions imposed by the governments of various countries, this negatively impacted the demand for clothing rental services on the global level. Moreover, due to the fear of transmission of the virus, a majority of the people expressed hesitation toward wearing rental clothes due to hygienic concerns, thus impeding the market growth.
Request for a free sample copy of this report:https://www.imarcgroup.com/online-clothing-rental-market/requestsample
Some of the Top Companies in the Online Clothing Rental Industry:
• The Clothing Rental
• Dress & Go
• RENT IT BAE
• Glam Corner Pty Ltd
• Gwynnie Bee
• Le Tote, Inc.
• Rent the Runway, Inc.
• Style Lend, Inc.
Global Online Clothing Rental Market Trends:
The global market is majorly driven by the penetration of high-speed internet and considerable growth in the online retail sector across the globe. Apart from this, the increasing popularity of internet shopping portals due to their enhanced convenience is creating a positive outlook for the market. Moreover, several online clothing rental portals are offering customization options and discounts to attract customers, thus catalyzing the market growth. Besides this, the rising prominence of fashion vlogs, considerable growth in the film and television industry, and the growing preference for rental services due to their easy availability and accessibility to an enormous assortment at a lower cost are propelling the demand for online clothing rental services. Additionally, the high usage of these resources among fashion-conscious individuals who lack the finances to purchase clothes of their choice is strengthening the global market. Other factors, including the inflating disposable income and easy return or refund options provided by these portals, are also providing an impetus to the market.
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/online-clothing-rental-market
Global Online Clothing Rental Market 2022-2027 Analysis and Segmentation:
Breakup by Clothing Styles:
• 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:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Reports of IMARC Group:
• Telecom API Market: https://www.imarcgroup.com/telecom-api-market
• Smart Office Market: https://www.imarcgroup.com/smart-office-market
• Culinary Tourism Market: https://www.imarcgroup.com/culinary-tourism-market
• Shipping Container Market: https://www.imarcgroup.com/shipping-container-market
• Security Robots Market: https://www.imarcgroup.com/security-robots-market
• Trade Credit Insurance Market: https://www.imarcgroup.com/trade-credit-insurance-market
• Smart Airport Market: https://www.imarcgroup.com/smart-airport-market
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online Clothing Rental Market to Reach US$ 3.3 Billion by 2027 | CAGR of 9.75 here
News-ID: 2669552 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Clothing
Clothing Market Will Hit Big Revenues In Future | TIME Clothing, Influence Cloth …
The latest research on "Worldwide Clothing Report 2022" offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Market".
Get Free Sample PDF including full TOC, Tables and Figures and Available customizations) in Worldwide Clothing: https://www.htfmarketreport.com/sample-report/3553825-worldwide-clothing-market
Proceeding further, the business intelligence…
SHUKR Islamic Clothing Celebrates Summer With Exclusive Clothing Range
From elegant abaya gowns, exclusive prayer sets and decorative hijabs, SHUKR embraces the summer months with their stunning array of styles and designs.
With new modest and Islamic clothing companies popping up all around the world, SHUKR Islamic Clothing remains a favorite global brand when it comes to unique and fresh approaches to modern dressing. With the warmer months reminding Muslim women of the importance of traditions, SHUKR makes it easy…
Global Clothing and Clothing Accessories Stores Market Research Report
The clothing & clothing accessories stores subsector is a part of the retail trade sector which retails new clothing and clothing accessories merchandise from fixed point-of-sale locations. It involves enterprises primarily engaged in retailing single or combination lines of new clothing accessories, for instance hats & caps, gloves, costume jewelry, handbags, ties, toupees, wigs, and belts.
According to study, “Clothing And Clothing Accessories Stores Global Market Report 2019” the key companies…
Clothing And Clothing Accessories Stores Market Research Report 2019
The clothing and clothing accessories stores market size is expected to increase by 2022, significantly growing at a stable CAGR during the forecast period. The growth in the clothing and clothing accessories stores market is due to the growing demand for updated fashion clothing in all ages. However, the market for clothing and clothing accessories stores is expected to face certain restraints from several factors such as growing competition and…
Wholesale boutique clothing women’s will love – CC Wholesale Clothing
United States 02-03-2017. CC Wholesale Clothing is providing high quality, trendy and designer clothes online. If you are interested to keep good collection of designer, trendy and fashionable clothes then you should prefer to high-end boutique clothing available to choose from. Every time trend of apparels may change and modern generation usually find for the latest and up-to-date apparels.
With the increased popularity of fashion and style, online shopping is…
CC Wholesale Clothing – Find and buy quality wholesale clothing
United States 13-02-2017. CC Wholesale Clothing is the leading clothing store caters amazing selection of apparels, accessories, footwear, jewelry and much more. Clothes or apparels serve the great purpose in our routine life and modern generation always look forward for unique style of fashion clothing wholesale. Buying wholesale clothes is advantageous option as you can save your time and money both at the same time. Online shopping is being the…