Press release
Online Clothing Rental Market Applications and Market- Industry Analysis, Size, Share, Growth and Forecast 2030
The online clothing rental market has emerged as a popular alternative to traditional retail, allowing consumers to rent clothing items for a limited period instead of purchasing them outright. It offers individuals the opportunity to access a wide variety of fashionable attire without the need for large investments or long-term commitments. It caters to those seeking novelty and variety in their wardrobe without the burden of storing or disposing of items.
Data Bridge Market Research analyses that the online clothing rental market which was USD 1.86 billion in 2022, would rocket up to USD 3.77 billion by 2030, and is expected to undergo a CAGR of 10.60% during the forecast period of 2023 to 2030.
"Knitwear" dominates the product type segment of the online clothing rental market owing to its versatility and ability to provide both comfort and style. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, pipeline analysis, pricing analysis, and regulatory framework.
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https://www.databridgemarketresearch.com/reports/global-online-clothing-rental-market
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Global Online Clothing Rental Market Regional Analysis/Insights
The online clothing rental market is analysed, and market size insights and trends are provided by product type, business model, consumer orientation, and end-user and are referenced above.
The countries covered in the online clothing rental market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific in Asia-Pacific, and U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of the Middle East and Africa in Middle East and Africa.
North America is expected to dominate the market due to its advanced e-commerce infrastructure, high consumer adoption of rental services, and strong fashion-conscious culture.
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