PUBLISHER: KBV Research | PRODUCT CODE: 1395779
PUBLISHER: KBV Research | PRODUCT CODE: 1395779
North America Online Clothing Rental Market Size, Share & Industry Trends Analysis Report By End-User (Women, Men, and Children), By Dress Code (Formal, Casual, and Traditional), By Country and Growth Forecast, 2023 - 2030
The North America Online Clothing Rental Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).
The adoption of online clothing rental is witnessing a substantial uptick, fueled by a combination of factors. Firstly, the increasing awareness and concern for environmental sustainability have prompted consumers to seek alternatives to fast fashion, notorious for its environmental footprint. The fashion industry is one of the largest contributors to pollution, and the rental model offers a solution by extending the lifespan of garments. Pregnancy necessitates a temporary wardrobe adjustment, and online clothing rental services offer a practical solution for women needing maternity clothing. Additionally, postpartum clothing needs can be met without the long-term commitment of ownership. Travelers often face the challenge of packing appropriate clothing for various climates and occasions.
Online clothing rental allows individuals to curate a versatile travel wardrobe without the hassle of luggage space constraints. Children quickly outgrow their clothing, leading to a constant need for new sizes. Online clothing rental for children's wear provides a cost-effective and sustainable solution for parents who want to dress their children in stylish, well-maintained clothing without the constant financial investment. The athleisure trend, characterized by the fusion of athletic and casual wear, has become a dominant force in fashion. Online clothing rental services specializing in athleisure and sportswear enable fitness enthusiasts and casual wear enthusiasts to access various options without committing to long-term ownership.
Influenced by social media and the desire to stay on-trend, U.S. consumers are increasingly open to experimenting with new styles and fashion trends. As consumers in the U.S. become more mindful of the environmental impact of fast fashion, renting offers a more sustainable alternative that resonates with eco-conscious individuals. The prevalence of digital-first shopping habits in the U.S. has created a favourable environment for online clothing rental platforms. Due to these aspects, the online clothing rental market will expand across the North America region in upcoming years.
The US market dominated the North America Online Clothing Rental Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $513.8 million by 2030. The Canada market is experiencing a CAGR of 10.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9.4% during (2023 - 2030).
Based on End-User, the market is segmented into Women, Men, and Children. Based on Dress Code, the market is segmented into Formal, Casual, and Traditional. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include The Clothing Rental, Rent the Runway, Inc., Flyrobe (Aark World Pvt Ltd.), Gwynnie Bee (CaaStle Inc.), Le Tote, Inc., By Rotation Ltd., Urban Outfitters, Inc., Dress Hire AU, Glam Corner Pty Ltd, The Secret Wardrobe
Scope of the Study
Market Segments covered in the Report:
By End-User
- Women
- Men
- Children
By Dress Code
- Formal
- Casual
- Traditional
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- The Clothing Rental
- Rent The Runway, Inc.
- Flyrobe (Aark World Pvt Ltd.)
- Gwynnie Bee (CaaStle Inc.)
- Le Tote, Inc.
- By Rotation Ltd.
- Urban Outfitters, Inc.
- Dress Hire AU
- Glam Corner Pty Ltd
- The Secret Wardrobe
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Online Clothing Rental Market, by End-User
- 1.4.2 North America Online Clothing Rental Market, by Dress Code
- 1.4.3 North America Online Clothing Rental Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. North America Online Clothing Rental Market by End-User
- 4.1 North America Women Market by Country
- 4.2 North America Men Market by Country
- 4.3 North America Children Market by Country
Chapter 5. North America Online Clothing Rental Market by Dress Code
- 5.1 North America Formal Market by Country
- 5.2 North America Casual Market by Country
- 5.3 North America Traditional Market by Country
Chapter 6. North America Online Clothing Rental Market by Country
- 6.1 US Online Clothing Rental Market
- 6.1.1 US Online Clothing Rental Market by End-User
- 6.1.2 US Online Clothing Rental Market by Dress Code
- 6.2 Canada Online Clothing Rental Market
- 6.2.1 Canada Online Clothing Rental Market by End-User
- 6.2.2 Canada Online Clothing Rental Market by Dress Code
- 6.3 Mexico Online Clothing Rental Market
- 6.3.1 Mexico Online Clothing Rental Market by End-User
- 6.3.2 Mexico Online Clothing Rental Market by Dress Code
- 6.4 Rest of North America Online Clothing Rental Market
- 6.4.1 Rest of North America Online Clothing Rental Market by End-User
- 6.4.2 Rest of North America Online Clothing Rental Market by Dress Code
Chapter 7. Company Profiles
- 7.1 The Clothing Rental
- 7.1.1 Company Overview
- 7.1.2 SWOT Analysis
- 7.2 Rent The Runway, Inc.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.3 Flyrobe (Aark World Pvt Ltd.)
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 Gwynnie Bee (CaaStle Inc.)
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Le Tote, Inc.
- 7.5.1 Company Overview
- 7.6 By Rotation Ltd.
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 The secret wardrobe
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Urban Outfitters, Inc.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 SWOT Analysis
- 7.9 Dress Hire AU
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Glam Corner Pty Ltd
- 7.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 2 North America Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 3 North America Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 4 North America Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 5 North America Women Market by Country, 2019 - 2022, USD Million
- TABLE 6 North America Women Market by Country, 2023 - 2030, USD Million
- TABLE 7 North America Men Market by Country, 2019 - 2022, USD Million
- TABLE 8 North America Men Market by Country, 2023 - 2030, USD Million
- TABLE 9 North America Children Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Children Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 12 North America Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 13 North America Formal Market by Country, 2019 - 2022, USD Million
- TABLE 14 North America Formal Market by Country, 2023 - 2030, USD Million
- TABLE 15 North America Casual Market by Country, 2019 - 2022, USD Million
- TABLE 16 North America Casual Market by Country, 2023 - 2030, USD Million
- TABLE 17 North America Traditional Market by Country, 2019 - 2022, USD Million
- TABLE 18 North America Traditional Market by Country, 2023 - 2030, USD Million
- TABLE 19 North America Online Clothing Rental Market by Country, 2019 - 2022, USD Million
- TABLE 20 North America Online Clothing Rental Market by Country, 2023 - 2030, USD Million
- TABLE 21 US Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 22 US Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 23 US Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 24 US Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 25 US Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 26 US Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 27 Canada Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 28 Canada Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 29 Canada Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 30 Canada Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 31 Canada Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 32 Canada Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 33 Mexico Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 34 Mexico Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 35 Mexico Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 36 Mexico Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 37 Mexico Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 38 Mexico Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 39 Rest of North America Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 40 Rest of North America Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 41 Rest of North America Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 42 Rest of North America Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 43 Rest of North America Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 44 Rest of North America Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 45 Key Information - The Clothing Rental
- TABLE 46 Key Information - RENT THE RUNWAY, INC.
- TABLE 47 Key Information - Flyrobe
- TABLE 48 Key Information - Gwynnie Bee
- TABLE 49 Key Information - Le Tote, Inc.
- TABLE 50 Key Information - by rotation ltd
- TABLE 51 Key Information - The secret wardrobe
- TABLE 52 Key Information - Urban Outfitters, Inc.
- TABLE 53 Key Information - Dress Hire AU
- TABLE 54 Key Information - Glam Corner Pty Ltd
