The increasing penetration of the Internet and the shifting of consumer preferences from offline retail channels to e-commerce are factors driving growth in the Online Clothing Rental market. The benefits of online apparel rental services, such as designer clothing wear, premium brand clothing, variety of color choices, variety in size and dress design, are another factor driving market growth.
Online Clothing Rental Market Key Vendors:
Chic by Choice, Rent the Runway, Lending Luxury, Share Wardrobe, Secoo Holdings Limited, Gwynnie Bee, Glam Corner Pty, Le Tote, Dress & Go, Secret Wardrobe, Girls Meet Dress, Dress Hire, Swapdom, StyleLend, Rentez-Vous, FlyRobe, Walkin Closet, Swishlist Couture, Liberent, Mr. & Ms. Collection, Style Lend
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The report provides a deep understanding of the vital components of this Online Clothing Rental Market. It briefs those regarding continuously changing constituents and methods adopted by the key players in the market to handle them. It also offers a comparative analysis that aids readers in understanding the various tactics implemented in this industry. The analogy makes it easier for new and existing businesses to identify the drivers, restraints, and opportunities in the market space. Additionally, it acts as a guiding tool to implement a suitable strategy based on its resources and needs.
The Global Online Clothing Rental Market is expected to worth +3000 Mn USD with +10% CAGR during the forecast period 2019-2025.
North America holds the largest share of total market share.
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- North America (USA, Canada, Mexico)
- Europe (Germany, France, UK, Italy, Russia)
- Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia)
- Middle East and Africa (Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar, Saudi Arabia, Syria)
Under the overall inspection of the global Online Clothing Rental market, research report offers a huge amount of analytical data which helps to make further complex decisions in the businesses. A bird’s eye of the global market report provides detailed elaboration with respect to market dynamics such as drivers, restraints, and opportunities. Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global market.
Notable features of the global Online Clothing Rental market research report:
- Elaborative summary of market features
- Estimation of market size, value, and volumes
- Extensive measures on ongoing advancements
- Customization of client’s requirements
- Tracking of driving players
- Exploration of global clients and potential clients
- Increasing adoption of the latest platforms