Online Clothing Rental Market Scope Report & Analysis - PowerPoint PPT Presentation

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Online Clothing Rental Market Scope Report & Analysis

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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 – 2035. – PowerPoint PPT presentation

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Title: Online Clothing Rental Market Scope Report & Analysis


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
informations_at_https//www.kennethresearch.com/samp
le- 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_at_ https//www.kenneth
research.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_at_kennethresearch.com
U.S. Phone 1 313 462 0609
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