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Clothing rental platform market

Clothing rental platform market

Global Clothing Rental Platform Market research published by The Latest provides an overview of current market dynamics in the Clothing Rental Platform space, as well as how our survey respondents – all outsourcing decision makers – predict what the market will look like in 2027. The study breaks down the market by revenue and volume (where applicable) and by price history to estimate size and trend analysis, and identify gaps and opportunities. Some of the players involved in the study are: Rotaro (US), HURR (UK), Selfridges (UK), Hirestreet (UK), For The Creators (Thailand), Cocoon (UK), By Rotation (UK), MY WARDROBE HQ (UK), Endless Wardrobe (UK), BagButler (UK), Girl Meets Dress (UK), The Clothing Rental (India), Wrap’d (US), Dress Bank (UK), Run the Runway (US ), Le tote (US), Bag barrow or steal (US), Rentez-vous (UK), Flyrobe (India), others.

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Scope of the Garment Rental Platform Report
Clothing Rental Platform is a web-based clothing rental platform like rent the Runway, Bag Borrow. Style conscious people rent designer dresses, special occasion wear and accessories. The rental model has a positive impact, especially when it comes to diversity and savings. Incorporate the features and recommendations mentioned in this post and build your own advanced online dress rental platform. Geographically, North America is the leading region due to the widespread distribution or consumption of stylish fashion apparel, followed by Asia Pacific. For example, in India, online clothing rental is slowly gaining popularity, but is expected to grow at a CAGR of 11.4% by 2023. The demand is increasing due to the high demand in the fashion industry, which is contributing to the growth of the market compared to the forecast period.

The named segments and sub-segments of the market are highlighted below:
• Category (jumpsuits, dresses, tops, bottoms, outerwear, dresses, other),
• Service (Buy, borrow, borrow),
• End use (male, female),
• Membership (Light, Premium, Deluxe),
• Purpose (casual, wedding, holiday wear, bridal wear, other)

Market trends:
Increasing demand through digital platforms like Facebook, Instagram for product sales and branding.

Market Drivers:
The growing demand for online rental platforms is expected to buy and rent any type of clothing with lower economic costs and long-term use.
Rapid growth and increasing urbanization have spawned higher-spending consumers in the market—another opportunity

Market leaders and their expansion strategies:
In November 2019, Flyrobe acquired Rent It Bae By Fashion Rental Service. The purchase price is INR 60
In September 2020, the fashion rental startup Wardrobe is launching nationwide. The Wardrobe, a peer-to-peer clothing rental platform, has launched its website across the United States. The startup partners with local dry cleaners to clean clothes rented through the platform and support small businesses. In June 2021, the fashion pioneer is launching a new technology platform for the rental market.

Region included: North America, Europe, Asia Pacific, Oceania, South America, Middle East and Africa

Country breakdown: USA, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.

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Strategic Points Covered in Global Garment Rental Platform Market Content:
Chapter 1: Introduction, Market Driving Force, Product Purpose of the Study and Research Scope of the Garment Rental Platform Market
Chapter 2: Exclusive Executive Summary – Apparel Rental Platform Market Basics.
Chapter 3: Mapping Market Dynamics – Clothing Rental Platform Drivers, Trends, Challenges and Opportunities
Chapter 4: Introducing the Clothing Rental Platform. Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL Analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Display by Type, End User and Region/Country 2015-2020
Chapter 6: Assessment of the leading manufacturers of the Garment Rental Platform market consisting of competitive landscape, peer group analysis, BCG matrix and company profile
Chapter 7: Market assessment by segment, by country and by manufacturer/company with revenue and sales share by key countries in these various regions (2021-2027)
Chapters 8 and 9: Overview of the application, methodology and data source

Finally, the Clothing Rental Platform Market is a valuable source of recommendations for individuals and companies.

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Thank you for reading this article; you can also get individual section wise or region wise version of the report like North America, Middle East, Africa, Europe or Latin America, Southeast Asia.

Contact us:
Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (551) 333 1547

About the author:
Advance Market Analytics is a global leader in the marketing research industry, providing quantitative B2B research to Fortune 500 companies on new, high-growth opportunities that will impact more than 80% of company revenue worldwide.
Our analyst tracks high-growth research with detailed statistical and in-depth analysis of market trends and dynamics that provide a comprehensive overview of the industry. We follow a sophisticated research methodology combined with critical insights related to industry drivers and market forces to derive the best value for our clients. We provide reliable primary and secondary data sources, our analysts and consultants obtain informative and useful data that is suitable for our clients’ business needs. Research enables clients to address a variety of market objectives, from expanding global presence to optimizing supply chains and from competitor profiling to M&A.

This release was published on openPR.


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