Market Overview:
The global clothing rental platform market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for designer clothing, special occasion dresses, maternity wear, and casual wear. In addition, the growing trend of renting clothes instead of buying them is also contributing to the growth of this market. North America dominates the global clothing rental platform market and is expected to maintain its lead during the forecast period. Asia Pacific is projected to be the fastest-growing region in this market during the forecast period. Some of the key players operating in this market are Rent The Runway (U.S.), Le Tote (U.S.), StyleLend (Australia), and Girl Meets Dress (U.K.).
Product Definition:
A clothing rental platform is a web or mobile-based application that connects people who want to rent clothes with those who want to lend them. The importance of a clothing rental platform lies in its ability to provide an easy and efficient way for people to borrow and lend clothes, without the hassle of meeting in person.
Designer Clothing:
The global designer clothing market size was valued at USD 67.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to changing consumer preferences, increasing disposable income, and growing adoption of luxury lifestyle as a result of rising brand awareness among consumers through various electronic media platforms including internet & TV commercials & billboards.
Special Occasion Dresses:
Special occasion dresses are formal wear that is required on certain occasions. These dresses can be rented as per the requirement of the clients from clothing rental platforms. The main aim of these platforms is to provide quality services at affordable prices to customers.
The global special occasion dress's market size was valued at USD 2,15 billion in 2018 and it is expected to expand at a CAGR of XX% over the forecast period.
Application Insights:
The man application segment accounted for the largest share of more than 50.0% in 2017. The growth can be attributed to the increasing number of working class males who have started renting clothes due to lack of knowledge about fashion and clothing trends. Furthermore, growing trend among young working class males towards rental clothing due to not being able to afford expensive brand-name clothes is also a major factor driving the global clothing rental platform market growth.
The woman application segment is expected register a significant CAGR over the forecast period owing to changing lifestyle and rising awareness regarding different styles of dresses across various occasions such as work, social gatherings or parties etc., which has resulted in an increased demand for dress rentals from female consumers aged 18 years and above globally.
Regional Analysis:
North America dominated the global clothing rental platform market in 2017. The U.S., being one of the most developed countries, has a large number of fashion designers and premium brands offering designer clothing for rent as well as sale. This is driving regional growth owing to an increase in demand for secondhand clothes and accessories among people who have recently purchased expensive original ones.
Asia Pacific is expected to be the fastest-growing region over the forecast period due to increasing disposable income levels, changing lifestyles, growing popularity of western culture and adoption of latest fashion trends across various age groups in developing countries such as China and India among others).
Europe also accounted for a significant share owing their high concentration of rental platforms providing used designer clothing including maternity wear along with other used items such as furniture or home decor products like paintings or decorative lamps etc.).
Growth Factors:
- Increasing demand for clothing rental services from the millennials
- Proliferation of online rental platforms
- Growing awareness about the benefits of renting clothes among consumers
- Rising popularity of sustainable fashion practices
- Expansion of retail chains and e-commerce portals offering clothing rental services
Scope Of The Report
Report Attributes
Report Details
Report Title
Clothing Rental Platform Market Research Report
By Type
Designer Clothing, Special Occasion Dresses, Maternity Wear, Casual Wear, Other, Clothing Rental Platfor
By Application
Man, Woman
By Companies
Yeechoo, GlamCorner, Armoire, Lána, Gwynnie Bee, YCloset, Rent the Runway, Style Lend, Le Tote, MSParis, OOK, Haoyiku, Meilizu, Liangyihui, Clothing Rental Platfor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Clothing Rental Platform Market Report Segments:
The global Clothing Rental Platform market is segmented on the basis of:
Types
Designer Clothing, Special Occasion Dresses, Maternity Wear, Casual Wear, Other, Clothing Rental Platfor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Man, Woman
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yeechoo
- GlamCorner
- Armoire
- Lána
- Gwynnie Bee
- YCloset
- Rent the Runway
- Style Lend
- Le Tote
- MSParis
- OOK
- Haoyiku
- Meilizu
- Liangyihui
- Clothing Rental Platfor
Highlights of The Clothing Rental Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Designer Clothing
- Special Occasion Dresses
- Maternity Wear
- Casual Wear
- Other
- Clothing Rental Platfor
- By Application:
- Man
- Woman
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Clothing Rental Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A clothing rental platform is a web-based application that allows users to rent clothes from retailers. The platform typically offers a selection of high-quality brands and provides detailed information about each item, such as size and color. Rental platforms also allow users to reserve items in advance, make returns or exchanges, and track their orders online.
Some of the major players in the clothing rental platform market are Yeechoo, GlamCorner, Armoire, LƒÂ¡na, Gwynnie Bee, YCloset, Rent the Runway, Style Lend, Le Tote, MSParis, OOK, Haoyiku, Meilizu, Liangyihui, Clothing Rental Platfor.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Clothing Rental Platform Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Clothing Rental Platform Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Clothing Rental Platform Market - Supply Chain
4.5. Global Clothing Rental Platform Market Forecast
4.5.1. Clothing Rental Platform Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Clothing Rental Platform Market Size (000 Units) and Y-o-Y Growth
4.5.3. Clothing Rental Platform Market Absolute $ Opportunity
5. Global Clothing Rental Platform Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Clothing Rental Platform Market Size and Volume Forecast by Type
5.3.1. Designer Clothing
5.3.2. Special Occasion Dresses
5.3.3. Maternity Wear
5.3.4. Casual Wear
5.3.5. Other
5.3.6. Clothing Rental Platfor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Clothing Rental Platform Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Clothing Rental Platform Market Size and Volume Forecast by Application
6.3.1. Man
6.3.2. Woman
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Clothing Rental Platform Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Clothing Rental Platform Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Clothing Rental Platform Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Clothing Rental Platform Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Clothing Rental Platform Demand Share Forecast, 2019-2026
9. North America Clothing Rental Platform Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Clothing Rental Platform Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Clothing Rental Platform Market Size and Volume Forecast by Application
9.4.1. Man
9.4.2. Woman
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Clothing Rental Platform Market Size and Volume Forecast by Type
9.7.1. Designer Clothing
9.7.2. Special Occasion Dresses
9.7.3. Maternity Wear
9.7.4. Casual Wear
9.7.5. Other
9.7.6. Clothing Rental Platfor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Clothing Rental Platform Demand Share Forecast, 2019-2026
10. Latin America Clothing Rental Platform Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Clothing Rental Platform Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Clothing Rental Platform Market Size and Volume Forecast by Application
10.4.1. Man
10.4.2. Woman
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Clothing Rental Platform Market Size and Volume Forecast by Type
10.7.1. Designer Clothing
10.7.2. Special Occasion Dresses
10.7.3. Maternity Wear
10.7.4. Casual Wear
10.7.5. Other
10.7.6. Clothing Rental Platfor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Clothing Rental Platform Demand Share Forecast, 2019-2026
11. Europe Clothing Rental Platform Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Clothing Rental Platform Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Clothing Rental Platform Market Size and Volume Forecast by Application
11.4.1. Man
11.4.2. Woman
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Clothing Rental Platform Market Size and Volume Forecast by Type
11.7.1. Designer Clothing
11.7.2. Special Occasion Dresses
11.7.3. Maternity Wear
11.7.4. Casual Wear
11.7.5. Other
11.76. Clothing Rental Platfor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Clothing Rental Platform Demand Share, 2019-2026
12. Asia Pacific Clothing Rental Platform Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Clothing Rental Platform Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Clothing Rental Platform Market Size and Volume Forecast by Application
12.4.1. Man
12.4.2. Woman
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Clothing Rental Platform Market Size and Volume Forecast by Type
12.7.1. Designer Clothing
12.7.2. Special Occasion Dresses
12.7.3. Maternity Wear
12.7.4. Casual Wear
12.7.5. Other
12.7.6. Clothing Rental Platfor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Clothing Rental Platform Demand Share, 2019-2026
13. Middle East & Africa Clothing Rental Platform Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Clothing Rental Platform Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Clothing Rental Platform Market Size and Volume Forecast by Application
13.4.1. Man
13.4.2. Woman
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Clothing Rental Platform Market Size and Volume Forecast by Type
13.7.1. Designer Clothing
13.7.2. Special Occasion Dresses
13.7.3. Maternity Wear
13.7.4. Casual Wear
13.7.5. Other
13.7.6. Clothing Rental Platfor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Clothing Rental Platform Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Clothing Rental Platform Market: Market Share Analysis
14.2. Clothing Rental Platform Distributors and Customers
14.3. Clothing Rental Platform Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yeechoo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GlamCorner
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Armoire
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lána
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gwynnie Bee
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. YCloset
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rent the Runway
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Style Lend
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Le Tote
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MSParis
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OOK
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Haoyiku
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Meilizu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Liangyihui
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Clothing Rental Platfor
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
