Press release
Online Clothing Rental Market 2023 : By Size, Share, Trends, Growth And Regional Outlook 2032 | Rotaro, Mine for Nine LLC, Le Tote, La Reina, Gwynnie Bee
Online Clothing Rental Market Research
As per the Online Clothing Rental market report by The Business Research Company, The increase in mobile and internet penetration is expected to propel the growth of the online clothing rental market. Economic development, IT infrastructure, supportive government, and business policies, and the degree of urbanization all have a positive impact on mobile and internet growth. In an online clothing rental service, a person rents clothing online with the use of the internet and makes the payment online.
The global online clothing rental market size grew from $1.42 billion in 2022 to $1.57 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The online clothing rental market size is expected to grow to $2.35 billion in 2027 at a CAGR of 10.6%.
Read More On The Online Clothing Rental Market Report Here:
https://www.thebusinessresearchcompany.com/report/online-clothing-rental-global-market-report
Major competitors in the Online Clothing Rental market include Style Lend Company, Rotaro, Rent the Runway, Rent It Bae Company, Mine for Nine LLC, Le Tote, La Reina, Gwynnie Bee, Glam Corner Pty Ltd., FlyRobe, Dress Hire, Dress & Go, ThreadTread, Stylish Play, and Secret Wardrobe.
The Online Clothing Rental market is segmented -
By Clothing Styles: Western Wear, Ethnic Wear, Other Clothing Styles
By Dress Code: Formal, Casual, Traditional
By Price Range: Low, Mid, Premium
By End User: Women, Men, Kids
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Online Clothing Rental market.
Request A Free Sample Of The Online Clothing Rental Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6269&type=smp
Online clothing rental refers to services that allow clients to rent apparel and other accessories for some time. These services offer fashion items from different brands that customers can filter by categories and styles. The presence of online clothing rental services enables people to lower the need for getting new clothes for special occasions and thus save money.
The Table Of Content For The Online Clothing Rental Market Include:
1. Executive Summary
2. Online Clothing Rental Market Characteristics
3. Online Clothing Rental Market Trends And Strategies
4. Online Clothing Rental - Macro Economic Scenario
5. Online Clothing Rental Market Size And Growth
……
26. Africa Online Clothing Rental Market
27. Online Clothing Rental Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Online Clothing Rental Market
29. Online Clothing Rental Market Future Outlook and Potential Analysis
30. Appendix
The "Global Online Clothing Rental Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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