Online Clothing Rental Market Size, Share & Trends Analysis Report, By End Use (Men, Women), By Dress Code (Formal, Casual, Traditional), By Region, And Segment Forecasts, 2019 - 2025

Published: Apr, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global online clothing rental market size is expected to reach USD 2.09 billion by 2025 and is anticipated to register a CAGR of 9.4% during the forecasted period, according to a new report by Grand View Research, Inc. Changing fashion trends and rising penetration of internet are among the key factors driving the growth.

Women segment leads the market and is expected to expand at a CAGR of more than 9.8% over the forecast period. The trend of not using the same clothes for a long time and creating unique personal style or fashion statement are among the prominent factors driving the grow. Apart from women, the kids segment is also anticipated to witness significant growth in the upcoming years. Rising preference for renting children's clothes, is expected to positively impact the overall growth.

Renting traditional clothes is found to be the fastest growing segment on the basis of dress code. Younger consumers prefer renting traditional clothes as these cloths are used only on rare occasions. Apart from traditional clothes, the formal segment is also witnessing a significant growth. It is hard to purchase and maintain a variety of formal clothes for the young as well as price-conscious consumers, thus, they prefer renting the clothes.

North America is the leading market for the industry and accounts for nearly 40% of the market share. Europe is the second largest market for online clothing rental. Europe is known for its fashion trends, hence, young consumers want to keep themselves updated with the latest fashion. Thus, they prefer renting instead of buying impacting the overall growth.

Asia Pacific is found to be the fastest growing region due to developing nations such as India and china which accounts for more than 34% of the global population. The increasing awareness about the service, and internet penetration are among the prominent factors for the growth of the industry in the region.

Further key finding from the report suggests:

• In terms of revenue, thewomen segment is projected to ascend at a CAGR of 9.8% over the forecast years

• Traditional renting is expected to expand at a CAGR of more than 11.2% during the forecast period

• North America leads with market share of more than 40% and is projected to expand at a significant CAGR in near future

• Some of the key players operating in the online clothing rental market are The Clothing Rental, Flyrobe.com, Rent the Runway, Secoo Holding Limited, Share Wardrobe, Le Tote, Swapdom, Gwynnie Bee, Dress Hire, and StyleLend.

 Table of Contents

Chapter 1. Methodology and Scope 
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights

Chapter 3. Online Clothing Rental Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Online Clothing Rental Market
                  3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations

Chapter 5. Online Clothing Rental Market: End Use Estimates & Trend Analysis
                  5.1. Product Movement Analysis & Market Share, 2015 & 2025
                  5.2. Men
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.3. Women
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      5.3.2. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.4. Others
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      5.4.2. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 6. Online Clothing Rental Market: Dress-Code Estimates & Trend Analysis
                  6.1. Application Movement Analysis & Market Share, 2015 & 2025
                  6.2. Formal
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.3. Casual
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.4. Traditional
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Online Clothing Rental Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2015 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.2.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                      7.2.3. Market estimates and forecast, by dress code, 2015 - 2025 
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.4.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.2.4.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                      7.2.5. Mexico
                          7.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.5.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.2.5.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.3.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                      7.3.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion))
                      7.3.4. U.K.
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.4.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.3.4.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                      7.3.5. France
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.5.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.3.5.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.4.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                      7.4.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                      7.4.4. China 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.4.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.4.4.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                      7.4.5. India
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.5.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.4.5.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                  7.5. CSA
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.5.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                      7.5.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                      7.5.4. Argentina
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.5.4.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.5.4.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                  7.6. MEA
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.6.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                      7.6.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)
                      7.6.4. UAE
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.6.4.2. Market estimates and forecast, by end use, 2015 - 2025 (USD Billion)
                          7.6.4.3. Market estimates and forecast, by dress code, 2015 - 2025 (USD Billion)

Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                  9.1. The Clothing Rental
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Rent the runway
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Flyrobe.com
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Share Wardrobe
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Secoo holdings Limited
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. Gwynnie Bee
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. Le Tote
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Swapdom
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. StyleLend
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Product Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. Dress Hire
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Product Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

TABLE 1 Online Clothing Rental - Market driver analysis
TABLE 2 Online Clothing Rental market restraint analysis
TABLE 3 Online Clothing Rental market estimates and forecasts in men, 2015 - 2025 (USD Billion)
TABLE 4 Online Clothing Rental market estimates and forecasts in women, 2015 - 2025 (USD Billion)
TABLE 5 North America Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 6 North America Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 7 North America Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 8 U.S. Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 9 U.S. Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 10 U.S. Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 11 Mexico Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 12 Mexico Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 13 Europe Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 14 Europe Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 15 Europe Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 16 France Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 17 France Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 18 France Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 19 U.K. Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 20 U.K. Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 21 U.K. Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 22 Asia Pacific Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 23 Asia Pacific Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 24 Asia Pacific Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 25 China Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 26 China Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 27 China Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 28 India Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 29 India Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 30 India Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 31 CSA Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 32 CSA Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 33 Argentina Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 34 Argentina Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 35 Argentina Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 36 MEA Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 37 MEA Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 38 MEA Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)
TABLE 39 UAE Online Clothing Rental market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 40 UAE Online Clothing Rental market revenue, by end use, 2015 - 2025 (USD Billion)
TABLE 41 UAE Online Clothing Rental market revenue, by dress code, 2015 - 2025 (USD Billion)

List of Figures

FIG. 1 Online Clothing Rental Market segmentation & scope
FIG. 2 Online Clothing Rental Market key opportunities prioritized
FIG. 3 Value chain analysis Online Clothing Rental 
FIG. 4 Online Clothing Rental Market dynamics
FIG. 5 Online Clothing Rental Market Porter's analysis
FIG. 6 Online Clothing Rental Market: Application movement analysis
FIG. 7 Regional Market place: Key takeaways
FIG. 8 Online Clothing Rental market: Regional movement analysis
FIG. 9 Strategy framework