Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Online clothing rental is a service that enables customers to rent clothes for a specific period of time. This service is beneficial for consumers looking for a designer dress for occasions such as theme parties, wedding parties, and corporate parties, and filmmaking. Moreover, this service is also suitable for individuals going through temporary changes in their physique.

The global online clothing rental market is projected to reach around US$ 2,143.8 million by the end of 2027, in terms of revenue, growing at CAGR of 10.2% during the forecast period (2020-2027).

Drivers:

Increasing spending on fashion activities by consumers due to growing disposable income is a prime factor fueling the market growth of online clothing rental. Growing demand for designer dresses that are expensive coupled with the ongoing changes in the fashion sense among consumers is also expected to augment the market growth of online clothing rental. Moreover, an increasing number of fast fashions brands is another major factors propelling the market growth of online clothing rental.

Figure 1. Global Online Clothing Rental Market Share (%) in terms of Value, By Region, in 2019

Online Clothing Rental  | Coherent Market Insights

North America region dominated the global online clothing rental market in 2019, accounting for 42.1% share in terms of value, followed by Asia Pacific and Europe, respectively.

Market Restraints

The market is highly fragmented due to presence of various unorganized manufacturer that offers inexpensive and non-branded products. This factor is expected to hinder the market growth of online clothing rental.

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Online Clothing Rental Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 993.8 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 10.2% 2027 Value Projection: US$ 2,143.8 Mn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Africa
Segments covered:
  • By Demography: Women, men, and kids
  • By Business Model: Peer-to-Peer Model, Standalone Model, and Hybrid Model
  • By Price Range: Premium, Mid, and Low
  • By End-user: B2C (Business to Customer) and B2B (Business to Business)
  • By Type: Western Wear, Ethnic Wear, and Others
Companies covered:

Rent the Runway, Poshmark, Elanic Services Private Limited, Dress & Go , GlamCorner Pvt Ltd., Envoged, Etashee, Secoo Holdings Limited, and Secret Wardrobe

Growth Drivers:
  • Increasing spending on fashion activities by consumers due to growing disposable income
  • Rise in apparel & fashion industry across the Asia Pacific region is augmenting the market
Restraints & Challenges:
  • Lack of awareness regarding the benefits of online rental products among the consumer

Market Opportunities

The increasing focus of manufacturers on kids segments is expected to offer lucrative market opportunities in the near future. Children are becoming more brand- and style-conscious due to changing lifestyle of parents which is also expected to augment the market growth of the online clothing rental. Thus growing kids wear market is expected to foster the market growth of the online clothing rental over the forecast period.

Growing women online luxury fashion is projected to serve major growth opportunities for the market of online clothing rental. An increasing number of working women is driving demand for online luxury apparels as this working woman highly prefers online shopping for buying apparel due to a hectic lifestyle. This is creating vast opportunities for online rental players in the near future.

Figure 2. Global Online Clothing Rental Market– Opportunity Analysis

Online Clothing Rental  | Coherent Market Insights

Market Trends

Men's clothing and apparels are gaining traction in the market and this is attributed to the growing number of metrosexual males. Shifting inclination of men towards branded products coupled with the increasing focus of online portals players towards men's rental apparel is again anticipated to fuel the market growth of the online clothing rental.

Growing fashion trends among youngsters coupled with the increasing renting formal clothes such as expensive blazers and suits among price-conscious consumers are expected to spur the market growth. Moreover, the growing demand for sportswear due to increasing number of individuals participating in sports coupled with the rising number of sports activities is also expected to foster the market growth of the online clothing rentals.

Figure 3. Global Online Clothing Rental Market Share (%) in terms of Value, By Demography, in 2019

Online Clothing Rental  | Coherent Market Insights

On the basis of demography in 2019, the women segment has accounted the largest market share of 62.3% in terms of value, followed by men and kids segment respectively.

Global Online Clothing Rental Market - Impact of Coronavirus (Covid-19) Pandemic

Before pandemic, people used to take clothes on rent for special occasions such as parties, weddings, or holidays. Instead of purchasing new dress for wedding or holiday, they used to burrow it. But due to coronavirus pandemic, all this has changed as weddings have been put on hold and holidays looks like a distant dream. Rent the Runway has announced lay-offs, temporary pay cuts and furloughed staff in response to pandemic. The demand for rental clothes has dropped drastically as people not having events to go. The hygiene factor will also impact growth of online clothing rental market as customers will hesitate to share clothes with others during the pandemic. According to Coherent Market Insights, online clothing rental market is expected to grow at a lower CAGR between 2020 and 2021.

Competitive Section:

Company Names 

  1. Rent the Runway
  2. Poshmark
  3. Elanic Services Private Limited
  4. Dress & Go 
  5. GlamCorner Pvt Ltd.
  6. Envoged
  7. Etashee
  8. Secoo Holdings Limited
  9. Secret Wardrobe

Online clothing rental involves a novel concept where consumers can rent clothes for a specific period of time. People who are looking for designer dresses but lacking financial resources make use of these services. Also, people who are participating in different events such as parties, sports events, theme parties, and photoshoot can make use of this service.

Market Dynamics

Increasing adoption of western trends across developing regions coupled with the growing middle-class population is expanding the consumer base of the online clothing rental market. Growing digitalization across developed as well as developing region and increasing focus of the provider to come up with an innovative solution such as live chats with professionals and stylist is also expected to fuel the market growth of clothing rental market.

Rise in apparel & fashion industry across the Asia Pacific region is augmenting the market growth of online clothing rental. This is attributed to growing internet penetration and the development of the overall economy. According to the India Brand Equity Foundation, India’s internet economy is expected to double from US$125 billion in April 2017 to US$ 250 billion by 2020, majorly backed by ecommerce. Hence, growing internet users is accelerating the market growth of online clothing rental.

Lack of awareness regarding the benefits of online rental products among the consumer due to lack of advertisement is expected to restrict the market growth of online clothing rental. Most of the consumers residing in developing countries are not aware of the online clothing rental platforms.

Key features of the study:

  • This report provides in-depth analysis of the global online clothing rental market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • This study also provides impact analysis of Coronavirus (Covid-19) pandemic on online clothing rental market.
  • It profiles key players in the global online clothing rental market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Rent the Runway, Poshmark, Elanic Services Private Limited, Dress & Go , GlamCorner Pvt Ltd., Envoged, Etashee, Secoo Holdings Limited, and Secret Wardrobe
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global online clothing rental market report caters to various stakeholders in this industry including investors, suppliers, online clothing rental manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the online clothing rental market

Detailed Segmentation:

  • Global Online Clothing Rental Market, By Demography:
    • Women
    • Men
    • Kids
  • Global Online Clothing Rental Market, By Business Model:
    • Peer-to-Peer Model
    • Standalone Model
    • Hybrid Model
  • Global Online Clothing Rental Market, By Price Range:
    • Premium
    • Mid
    • Low
  • Global Online Clothing Rental Market, By End-user:
    • B2C (Business to Customer)
    • B2B (Business to Business)
  • Global Online Clothing Rental Market, By Type:
    • Western Wear
    • Ethnic Wear
    • Others
  • Global Online Clothing Rental Market, By Region:
    • North America
      • U.S.
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Canada
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
    • Europe
      • U.K.
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Germany
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • France
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Italy
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Spain
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Russia
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Rest of Europe
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
    • Asia Pacific
      • China
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • India
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Japan
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • ASEAN
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Australia
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • South Korea
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Rest of Asia Pacific
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
    • Latin America
      • Brazil
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Mexico
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Rest of Latin America
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
    • Middle East & Africa
      • Middle East
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
      • Africa
        • By Demography
          • Women
          • Men
          • Kids
        • By Business Model
          • Peer-to-Peer Model
          • Standalone Model
          • Hybrid Model
        • By Price Range
          • Premium
          • Mid
          • Low
        • By End-user
          • B2C (Business to Customer)
          • B2B (Business to Business)
        • By Type
          • Western Wear
          • Ethnic Wear
          • Others
  • Company Profiles
    • Rent the Runway *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Poshmark
    • Elanic Services Private Limited
    • Dress & Go
    • GlamCorner Pvt Ltd.
    • Envoged
    • Etashee
    • Secoo Holdings Limited
    • Secret Wardrobe

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Demography
      • Market Snippet, By Business Model
      • Market Snippet, By Price Range
      • Market Snippet, By End-user
      • Market Snippet, By Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Online Clothing Rental Market – Impact of Coronavirus (Covid-19) Pandemic
    • Impact of Coronavirus – Overview
    • Impact Analysis, By Region
      • North America
      • Latin America
      • Europe
      • Asia Pacific
      • Middle East
      • Africa
  5. Global Online Clothing Rental Market, By Demography, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Women
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Men
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Kids
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  6. Global Online Clothing Rental Market, By Business Model, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Peer-to-Peer Model
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Standalone Model
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Hybrid Model
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  7. Global Online Clothing Rental Market, By Price Range, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Premium
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Mid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Low
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  8. Global Online Clothing Rental Market, By End-user, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • B2C (Business to Customer)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • B2B (Business to Business)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  9. Global Online Clothing Rental Market, By Type, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Western Wear
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Ethnic Wear
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  10. Global Online Clothing Rental Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • GCC
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
    • Africa
      • Market Share Analysis, By Sub-region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-region, 2020 – 2027 (%)
        • Northern Africa
          • Sub-region Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Central Africa
          • Sub-region Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
        • Southern Africa
          • Sub-region Trends
          • Market Size and Forecast, By Demography, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Business Model, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Million)
  11. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Rent the Runway
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Poshmark
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Elanic Services Private Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Dress & Go
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • GlamCorner Pvt Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Envoged
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Etashee
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Secoo Holdings Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Secret Wardrobe
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  12. Section
    • References
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market for online clothing rental is estimated to surpass US$ 2,143.8 million by 2027, exhibiting a CAGR of 10.2% between 2020 and 2027.
Rise in apparel & fashion industry across the Asia Pacific region is augmenting the market growth of online clothing rental. This is attributed to growing internet penetration and the development of the overall economy.
The online clothing rental market is expected to exhibit a CAGR of 10.2% during the forecast period (2020-2027).
Major players operating in the global online clothing rental market include Rent the Runway, Poshmark, Elanic Services Private Limited, Dress & Go , GlamCorner Pvt Ltd., Envoged, Etashee, Secoo Holdings Limited, and Secret Wardrobe
The market is highly fragmented due to presence of various unorganized manufacturer that offers inexpensive and non-branded products. This factor is expected to hinder the market growth of online clothing rental.
Men's clothing and apparels are gaining traction in the market and this is attributed to the growing number of metrosexual males. Shifting inclination of men towards branded products coupled with the increasing focus of online portals players towards men's rental apparel is again anticipated to fuel the market growth of the online clothing rental.
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