Online Clothing Rental Market 2021
Future Market Insights delivers key insights on the global online clothing rental market in a new report titled, u201cOnline Clothing Rental Market: Global Industry Analysis and Opportunity Assessment, 2016u20132026u201d. In terms of value, the global online clothing rental market is expected to register a CAGR of 9.8% during the forecast period owing to various factors, which are analysed in detail in this report. 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. 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. Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-1452 Segmentation highlights The global online clothing rental market is segmented on the basis of Demography (Women, Men, Kids); Price Range (Premium, Mid, Low); Type (Western Wear, Ethnic Wear, Others); End User (B2C, B2B); and Business Model (Peer-to-Peer Model, Standalone Model, Hybrid Model). The Women demography segment is expected to register a CAGR of 9.5% during the forecast period The Peer-to-Peer business model segment was valued at US$ 656.4 Mn in 2015 and is expected to account for US$ 712.2 Mn by the end of 2016, witnessing a Y-o-Y growth rate of 8.5% over 2016u20132020 Regional projections 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. Preview Analysis Online Clothing Rental Market Segmentation By Demography u2013 Women, Men, Kids; By Price Range u2013 Premium, Mid, Low; By Type u2013 Western Wear, Ethnic wear, and others; By End User - B2C, and B2B; By Business Model - Peer-to-Peer Model, Standalone Model, Hybrid Model: https://www.futuremarketinsights.com/reports/online-clothing-rental-market 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. Vendor insights 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. 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Let us know about your challenges and our trusted advisors will connect with you methodology : https://www.futuremarketinsights.com/askus/rep-gb-1452 More from FMIu2019s Retail and Consumer Products Market Intelligence u2022tColour Cosmetic Market Segmentation Product Type u2013 Chemical, Natural & Organic; Distribution Channel u2013 Hypermarket/ Supermarket, Convenience Store, Speciality Store, Direct Selling, E-Commerce; Price u2013 Economic, Premium; Product Category u2013 Nail Products, Facial Makeup, Eye Makeup, Lip Products, Hair Colour Products, Special Effects Products: https://www.futuremarketinsights.com/reports/colour-cosmetics-market u2022tAsia Pacific Baby Bath and Shower Product Market Segmentation By Product Type u2013 Shampoo, Conditioner, Soap and shower gel; Sales Channel - Modern Trade, Speciality Stores, Convenience stores, Online Retialers; Price Type - Premium baby care Products, Mass baby care products; https://www.futuremarketinsights.com/reports/baby-bath-and-shower-product-market u2022tAfrica Mobile Phone Accessories Market Segmentation by Type - Power banks, Batteries, Chargers, Protective Cases, Headphones & Earphones, Portable Speakers, Memory Cards, Other Accessories; By Price - Low, Mid, Premium; By Distribution Channel - Multi-brand store, Single brand store, Online store: https://www.futuremarketinsights.com/reports/africa-mobile-phone-accessories-market About FMI Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMIu2019s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. Contact Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, q United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Website: https://www.futuremarketinsights.com
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