1 / 4

Global Online Clothing Rental Market PR

The global online clothing rental market is estimated to garner a revenue of USD 6.0 Billion by the end of 2035 by growing at a CAGR of ~9% over the forecast period, i.e., 2023 u2013 2035.

philip13
Download Presentation

Global Online Clothing Rental Market PR

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Global Online Clothing Rental Market Growth to be Propelled by Increasing Popularity of Fashion Blogs by CAGR of ~9% During 2023 – 2035 Kenneth Research published a report titled “Online Clothing Rental Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global online clothing rental market in terms of market segmentation by dress code, end user, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global online clothing rental market is estimated to grow at a CAGR of ~9% over the forecast period, i.e., 2023-2035. The market is segmented

  2. by end user into women, and men. Out of these, the women segment is anticipated to hold the largest share over the forecast period owing to the rising popularity of online clothing rental among them. Moreover, women choose their outfits according to the different events such as wedding, date, parties and others and they are costly than men outfits. The global online clothing rental market is estimated to grow over the forecast period owing to the increasing popularity of fashion blogs. Moreover, rising social media users is anticipated to increase the growth of the market. For more information’s@https://www.kennethresearch.com/sample- request-10352523 Geographically, the global online clothing rental market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the Asia Pacific region is expected to witness growth over the forecast period owing to the high internet penetration, rising adoption of mobile devices that are used for finding perfect rental clothes for different occasions. Moreover, there are a large number of events organized for a single wedding in the country such as India and it is projected to boost the growth of the market in the region. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia,

  3. Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Reduction of Waste Generated from Clothing Production to Drive the Growth of the Market As per the data reported, different chemicals are applied to the fabrics accounting for 15 per cent of global water population in the fashion industry There has been an increase in the waste generated from clothing production in the form of water, and textile waste. Moreover, renting clothes for different occasions can reduce the waste generated by the fashion industry. Hence, it is projected to surge the growth of the global online clothing rental market. However, availability of mainly non-branded clothes, low- cost material used for rental clothing, and presence of unorganized rental clothing sellers are expected to operate as key restraint to the growth of global online clothing rental market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global online clothing rental market which includes company profiling of TheClothingRental, Lending Luxury, LE TOTE, Glam Corner Pty Ltd, Rent the Runway, MY WARDROBE HQ, CLOAN Rental Ltd, CaaStle, Inc., Marks and Spencer plc, Tommy Hilfiger Licensing B.V., and others. The profiling enfolds key information of the companies which encompasses

  4. business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global online clothing rental market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample- request-10352523 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609

More Related