Online Clothing Rental Market is Poised to Reach US$ 1,952.4 Mn by 2026
Growth of the global online clothing rental market is driven by increasing preference for fashion and brand consciousness among people across the globe along with rising internet penetration. Consumers are preferring online purchase of clothes due to availability of a large variety at a discounted price. This is fuelling the demand for online rented clothes globally. Changing consumer lifestyles and increasing demand for designer dresses, party wear, and dinner suits is expected to intensify the growth of the global online clothing rental market in the next 10 years. Increasing urbanisation along with rising personal disposable income in regions such as the Asia Pacific are driving the overall growth of the global online clothing rental market.
View Full Report TOC, Figures and Tables @ https://www.futuremarketinsights.com/reports/online-clothing-rental-market
High profitability margins, ease of resource availability, and rising economic opportunity in developing nations are some factors encouraging new players to venture into the global online clothing rental market. Established players in the global online clothing rental market are expanding their product portfolio and are focussing on product innovations and change in target segments, which is creating robust competition in the market.
Need more information about Report methodology? @ https://www.futuremarketinsights.com/askus/rep-gb-1452
The global online clothing rental market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. Markets in North America, Western Europe, and APEJ are expected to record high growth rates in terms of value between 2016 and 2026. Amongst all the regions, North America is estimated to account for a comparatively higher value share in 2016. Western Europe is another major market for online clothing rentals. The entry of online luxury fashion due to rising internet penetration is expected to drive market growth in this region. In the APEJ region, increasing personal disposable income is a key driver for sustained growth of the online clothing rental market, and the APEJ market is expected to register a CAGR of 10.1% during the period 2016-2026. The online clothing rental market is expected to witness significant growth over the forecast period in countries such as India, the ASEAN countries, Australia, and New Zealand.
Request and Download Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1452
This report covers detailed profiles of key players operating in the global online clothing rental market. The report presents key strategies, key developments, product offerings, and market performance of leading companies. Some of the top companies profiled in the global online clothing rental market report are Rent the Runway, Poshmark, Elanic Services Pvt Ltd., Dress & Go, GlamCorner Pvt Ltd., Envoged, Etashee, Secoo Holdings Ltd, and Secret Worldwide.
Buy Full Online Clothing Rental Market Report @ https://www.futuremarketinsights.com/checkout/1452
About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
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 is Poised to Reach US$ 1,952.4 Mn by 2026 here
News-ID: 790812 • Views: 117
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Rent
Global Car Rentals Market 2019 Top manufactures are Sixt Rent A Car, Malkey Rent …
The Car Rentals Market report encapsulates important factors such as latest trends, market drivers, threats, and opportunities related to the growth of the manufacturers for Car Rentals. This market research study includes significant details about the present and status of the market over the forecast period. This report presents a Car Rentals market size, supply, demand, value, production and consumption, splits the data further by manufacturers, regions, types and applications
The US Rent-to-Own Market Outlook 2021 - Rent-A-Center Inc., Aaron’s Inc., Goe …
An agreement in which the buyer has the option to become the owner of the property/goods, after a certain period of fixed time and payment is known as rent-to-own agreement. Also known as lease-to-own agreements, customer has the option to purchase the rental property. Earlier, rent-to-own agreements specifically dealt in the purchasing of homes/property only, but nowadays rent-to-own industry consists of dealers that rent furniture, appliances, home electronics, and jewelry
two-wheelers, two-wheelers industry, bike rental, bike on rent, two-wheelers for …
Bangalore; India, March 2018: India is the largest two-wheeler market. According to an article online, India sold 17.7 million two-wheelers in 2016 (over 48,000 units every day), against China’s sales of 16.8 million two-wheelers (SIAM). There has been a remarkable growth in the sector owing to increasing per capita income of the country, growing middle class and the young population. The credit also goes to the improved development in infrastructure. According
Rent Office Space in Mumbai Glisters
LAUNCHING OF TWO NEW COMPANIES IN MUMBAI Glisters International Announces of the launch of their Two New companies from 4th January 2018 in Mumbai on successfully completing 18 years in Real-estate sector in Mumbai Two new real-estate firm are launched by Glisters International Under the Name and style of Rentofficespaces.in & Officespacesonrent.com at Mumbai City : Mumbai ( Maharashtra ) January 4th 2018 two new companies are formed by M/s Glisters International both
Absolute Island Management Provides Homes for Rent in Bluffton, SC
Absolute Island Management, Inc. was started in 2007 as a locally owned full-service Property Management firm centrally located on the Hilton Head Island. They take pride in their dedicated team of licensed agents and property managers to serve as customer success advocates. The Chief Executive stated, “We are located in the Lowcountry where there is laid back living. Our properties are beautiful and strategically situated for entertainment, shopping, green space, dining,
Rent IP phones for your business with FastPBX
While others are enjoying their summer break, FastPBX is striving to make reliable and scalable business communications affordable for businesses everywhere. In order to ensure quality communications, users have to have the right hardware that can match up to their VoIP phone system. That’s why FastPBX is offering the chance to rent their Cisco hardware for only one dollar a month with a two-year service agreement. Since not many businesses owners