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Global Online Clothing Rental Market Growing Trend 2018-2023

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12-sep-19 The online clothing rental market provides services through which consumers can rent garments for a predefined period of time. These services are beneficial for individuals who intend to wear new outfits for special occasions, such as weddings, theme parties, corporate parties, photoshoots, and film shoots. Rental services also provide a cost-effective option for those with budget constraints, which restricts them from purchasing clothing from their choice of brands. The global online clothing rental market is anticipated to expand at a compound annual growth rate (CAGR) of 10.76% during the 2018-2023 period, and will reach a value of USD 1.96 Bn by 2023, up from USD 1.18 Bn in 2018. Request a Sample Copy of This Report:  https://www.radiantinsights.com/research/global-online-clothing-rental-market-2018-2023/request-sample Segmentation based on product type Based on product type, the parties and wedding wear segment had the highest market share (over 40%) in ...

Global Online Clothing Rental Market Outlook 2018-2025

12-mar-2019   This report focuses on the global Online Clothing Rental status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Online Clothing Rental development in United States, Europe and China. The rental market works to address clothing needs of the consumers who cannot afford or do not want to spend money on the clothes to be worn for one or two occasions, making it more affordable. North America already has an established structure for online rentals, here the influx of startup in clothing rentals started five years back. While in Asia-Pacific, increase in internet penetration in developing countries, such as India, China, and Brazil, helps the online clothing rental market post a strong growth rate. In 2017, the global Online Clothing Rental market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025. The key players covered in this stud...