Vendor Insights
Online Clothing Rental Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- AARK World Pvt. Ltd
- Armoire Style Inc.
- Dress and Go SA
- Front Row
- Girl Meets Dress
- Glam Corner Pty Ltd.
- Glamourental
- Gwynnie Bee
- La Reina Gown
- Mine for Nine LLC
- My Secret Wardrobe
- Rent An Attire
- Rent the Runway Inc.
- Rotaro
- Style Lend Inc.
- Stylease Pvt. Ltd.
- TheDressBank
- Urban Outfitters Inc.
- Wrapd
- Your secret closet
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report.
Geographical Market Analysis
APAC will account for 44 percent of market growth. In APAC, the primary markets for online clothes rental are South Korea, Japan, and China. The market in this region will increase at a quicker rate than the market in other regions.
Over the forecast period, the growing desire for affordable fashion and a diverse selection of fashion goods would aid the expansion of the online clothing rental market in APAC.
Furthermore, countries such as the US, South Korea, Japan, China, and France are expected to emerge as prominent markets for the Online Clothing Rental Market during the forecast period.
Know more about this market's geographical distribution along with a detailed analysis of the top regions. Download Detailed Sample Report.
Key Segment Analysis
The women's online clothes rental market share will expand significantly. Women choose their outfits based on the occasion, such as a date, a formal meeting, and so on. Because occasion wear products are so expensive, ladies are increasingly opting to rent rather than buy. Furthermore, the disposal of unneeded clothing in landfills has a significant environmental impact. Also, an increasing number of branded clothing merchants have noted an increase in the number of women wearing and returning sold items. These elements are propelling the segment forward.
View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years.
Key Market Drivers & Challenges:
One of the major factors driving the expansion of the online garment rental business is the expanding e-commerce fashion industry. One of the important online clothing rental industry trends that is driving the market growth is the growing popularity of experiential marketing. However, inventory management issues are one of the obstacles impeding the growth of the online clothes rental sector.
Download Sample Report for highlights on market Drivers & Challenges affecting the Online Clothing Rental Market.
Customize Your Report
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
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Online Clothing Rental Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 17.91% |
Market growth 2022-2026 |
$ 3.00 billion |
Market structure |
Fragmented |
YoY growth (%) |
25.96 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 44% |
Key consumer countries |
US, South Korea, Japan, China, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AARK World Pvt. Ltd, Armoire Style Inc., Dress and Go SA, Front Row, Girl Meets Dress, Glam Corner Pty Ltd., Glamourental, Gwynnie Bee, La Reina Gown, Mine for Nine LLC, My Secret Wardrobe, Rent An Attire, Rent the Runway Inc., Rotaro, Style Lend Inc., Stylease Pvt. Ltd., TheDressBank, Urban Outfitters Inc., Wrapd, and Your secret closet |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Women - Market size and forecast 2021-2026
- Exhibit 28: Chart on Women - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Women - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Women - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Women - Year-over-year growth 2021-2026 (%)
- 5.4 Men - Market size and forecast 2021-2026
- Exhibit 32: Chart on Men - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Men - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Men - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Men - Year-over-year growth 2021-2026 (%)
- 5.5 Children - Market size and forecast 2021-2026
- Exhibit 36: Chart on Children - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Children - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Children - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Children - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by End-user
- Exhibit 40: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 South Korea - Market size and forecast 2021-2026
- Exhibit 70: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on South Korea - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 China - Market size and forecast 2021-2026
- Exhibit 82: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 AARK World Pvt. Ltd
- Exhibit 93: AARK World Pvt. Ltd - Overview
- Exhibit 94: AARK World Pvt. Ltd - Product / Service
- Exhibit 95: AARK World Pvt. Ltd - Key offerings
- 10.4 Armoire Style Inc.
- Exhibit 96: Armoire Style Inc. - Overview
- Exhibit 97: Armoire Style Inc. - Product / Service
- Exhibit 98: Armoire Style Inc. - Key offerings
- 10.5 Glam Corner Pty Ltd.
- Exhibit 99: Glam Corner Pty Ltd. - Overview
- Exhibit 100: Glam Corner Pty Ltd. - Product / Service
- Exhibit 101: Glam Corner Pty Ltd. - Key offerings
- 10.6 Gwynnie Bee
- Exhibit 102: Gwynnie Bee - Overview
- Exhibit 103: Gwynnie Bee - Product / Service
- Exhibit 104: Gwynnie Bee - Key offerings
- 10.7 La Reina Gown
- Exhibit 105: La Reina Gown - Overview
- Exhibit 106: La Reina Gown - Product / Service
- Exhibit 107: La Reina Gown - Key offerings
- 10.8 Mine for Nine LLC
- Exhibit 108: Mine for Nine LLC - Overview
- Exhibit 109: Mine for Nine LLC - Product / Service
- Exhibit 110: Mine for Nine LLC - Key offerings
- 10.9 Rent the Runway Inc.
- Exhibit 111: Rent the Runway Inc. - Overview
- Exhibit 112: Rent the Runway Inc. - Product / Service
- Exhibit 113: Rent the Runway Inc. - Key offerings
- 10.10 Rotaro
- Exhibit 114: Rotaro - Overview
- Exhibit 115: Rotaro - Product / Service
- Exhibit 116: Rotaro - Key offerings
- 10.11 Style Lend Inc.
- Exhibit 117: Style Lend Inc. - Overview
- Exhibit 118: Style Lend Inc. - Product / Service
- Exhibit 119: Style Lend Inc. - Key offerings
- 10.12 Stylease Pvt. Ltd.
- Exhibit 120: Stylease Pvt. Ltd. - Overview
- Exhibit 121: Stylease Pvt. Ltd. - Product / Service
- Exhibit 122: Stylease Pvt. Ltd. - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 123: Inclusions checklist
- Exhibit 124: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 125: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 126: Research methodology
- Exhibit 127: Validation techniques employed for market sizing
- Exhibit 128: Information sources
- 11.5 List of abbreviations
- Exhibit 129: List of abbreviations
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