Technavio has been monitoring the global online clothing rental market and it is poised to grow by USD 801.03 million during 2019-2023, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Online Clothing Rental Market 2019-2023 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. and Glam Corner Pty Ltd, Le Tote, Inc., PANOPLY CITY SAS, Rent the Runway Inc., and YEECHOO Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growing fast fashion industry has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/online-clothing-rental-market-industry-analysis
Online Clothing Rental Market 2019-2023: Segmentation
Online Clothing Rental Market is segmented as below:
- End-user
- Women
- Men
- Children
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Online Clothing Rental Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online clothing rental market report covers the following areas:
- Online clothing rental market: Size
- Online clothing rental market: Trends
- Online clothing rental market: Industry Analysis
This study identifies the growing trend of sustainable clothing as one of the prime reasons driving the online clothing rental market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Online Clothing Rental Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist online clothing rental market growth during the next five years
- Estimation of the online clothing rental market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the online clothing rental market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of online clothing rental market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Women Market size and forecast 2018-2023
- Men Market size and forecast 2018-2023
- Children Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2018-2023
- Europe Market size and forecast 2018-2023
- APAC Market size and forecast 2018-2023
- South America Market size and forecast 2018-2023
- MEA Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rising popularity of experiential marketing
- Growing trend of sustainable clothing
- Increasing adoption of subscription-based model
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Glam Corner Pty Ltd
- Le Tote, Inc.
- PANOPLY CITY SAS
- Rent the Runway Inc.
- YEECHOO Ltd
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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