PUBLISHER: KBV Research | PRODUCT CODE: 1395781
PUBLISHER: KBV Research | PRODUCT CODE: 1395781
Asia Pacific 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 Asia Pacific Online Clothing Rental Market would witness market growth of 9.1% CAGR during the forecast period (2023-2030).
Integrating blockchain technology enhances transparency and traceability within the online clothing rental ecosystem. This innovation addresses concerns about the authenticity and condition of rented garments by providing a secure and immutable record of a garment's history. Incorporating smart textiles and the Internet of Things (IoT) is introducing a new dimension to the online clothing rental experience. Garments embedded with sensors can provide real-time data on usage, wear, and environmental conditions, allowing rental platforms to optimize inventory management and enhance garment maintenance.
Collaborations between online clothing rental platforms and traditional fashion brands or designers contribute to the market's growth. These partnerships often result in exclusive collections, bringing a sense of exclusivity and fashion-forward offerings to the online clothing rental market. Fashion industry collaborations bring access to designer and luxury fashion items to online clothing rental platforms. Partnering with well-known fashion brands or designers adds credibility and legitimacy to online clothing rental platforms. Brand endorsements build trust among consumers, especially those initially sceptical about renting clothing online.
Flyrobe, which has rebranded as Rent Mojo, was a prominent player in the Indian online clothing rental market. It offered cost-effective access to premium fashion, allowing users to rent designer clothing for special occasions at a fraction of the cost of purchasing. LibeRent focuses on occasion-specific rentals, providing Indian consumers with a convenient solution for weddings, parties, and festivals. All these factors will uplift the regional market's expansion in coming years.
The China market dominated the Asia Pacific Online Clothing Rental Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $140.3 million by 2030. The Japan market is registering a CAGR of 8.3% during (2023 - 2030). Additionally, The India market would experience a CAGR of 9.8% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Online Clothing Rental Market, by End-User
- 1.4.2 Asia Pacific Online Clothing Rental Market, by Dress Code
- 1.4.3 Asia Pacific 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. Asia Pacific Online Clothing Rental Market by End-User
- 4.1 Asia Pacific Women Market by Country
- 4.2 Asia Pacific Men Market by Country
- 4.3 Asia Pacific Children Market by Country
Chapter 5. Asia Pacific Online Clothing Rental Market by Dress Code
- 5.1 Asia Pacific Formal Market by Country
- 5.2 Asia Pacific Casual Market by Country
- 5.3 Asia Pacific Traditional Market by Country
Chapter 6. Asia Pacific Online Clothing Rental Market by Country
- 6.1 China Online Clothing Rental Market
- 6.1.1 China Online Clothing Rental Market by End-User
- 6.1.2 China Online Clothing Rental Market by Dress Code
- 6.2 Japan Online Clothing Rental Market
- 6.2.1 Japan Online Clothing Rental Market by End-User
- 6.2.2 Japan Online Clothing Rental Market by Dress Code
- 6.3 India Online Clothing Rental Market
- 6.3.1 India Online Clothing Rental Market by End-User
- 6.3.2 India Online Clothing Rental Market by Dress Code
- 6.4 South Korea Online Clothing Rental Market
- 6.4.1 South Korea Online Clothing Rental Market by End-User
- 6.4.2 South Korea Online Clothing Rental Market by Dress Code
- 6.5 Singapore Online Clothing Rental Market
- 6.5.1 Singapore Online Clothing Rental Market by End-User
- 6.5.2 Singapore Online Clothing Rental Market by Dress Code
- 6.6 Malaysia Online Clothing Rental Market
- 6.6.1 Malaysia Online Clothing Rental Market by End-User
- 6.6.2 Malaysia Online Clothing Rental Market by Dress Code
- 6.7 Rest of Asia Pacific Online Clothing Rental Market
- 6.7.1 Rest of Asia Pacific Online Clothing Rental Market by End-User
- 6.7.2 Rest of Asia Pacific 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 Asia Pacific Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 3 Asia Pacific Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 4 Asia Pacific Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 5 Asia Pacific Women Market by Country, 2019 - 2022, USD Million
- TABLE 6 Asia Pacific Women Market by Country, 2023 - 2030, USD Million
- TABLE 7 Asia Pacific Men Market by Country, 2019 - 2022, USD Million
- TABLE 8 Asia Pacific Men Market by Country, 2023 - 2030, USD Million
- TABLE 9 Asia Pacific Children Market by Country, 2019 - 2022, USD Million
- TABLE 10 Asia Pacific Children Market by Country, 2023 - 2030, USD Million
- TABLE 11 Asia Pacific Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 12 Asia Pacific Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 13 Asia Pacific Formal Market by Country, 2019 - 2022, USD Million
- TABLE 14 Asia Pacific Formal Market by Country, 2023 - 2030, USD Million
- TABLE 15 Asia Pacific Casual Market by Country, 2019 - 2022, USD Million
- TABLE 16 Asia Pacific Casual Market by Country, 2023 - 2030, USD Million
- TABLE 17 Asia Pacific Traditional Market by Country, 2019 - 2022, USD Million
- TABLE 18 Asia Pacific Traditional Market by Country, 2023 - 2030, USD Million
- TABLE 19 Asia Pacific Online Clothing Rental Market by Country, 2019 - 2022, USD Million
- TABLE 20 Asia Pacific Online Clothing Rental Market by Country, 2023 - 2030, USD Million
- TABLE 21 China Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 22 China Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 23 China Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 24 China Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 25 China Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 26 China Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 27 Japan Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 28 Japan Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 29 Japan Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 30 Japan Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 31 Japan Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 32 Japan Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 33 India Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 34 India Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 35 India Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 36 India Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 37 India Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 38 India Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 39 South Korea Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 40 South Korea Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 41 South Korea Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 42 South Korea Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 43 South Korea Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 44 South Korea Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 45 Singapore Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 46 Singapore Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 47 Singapore Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 48 Singapore Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 49 Singapore Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 50 Singapore Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 51 Malaysia Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 52 Malaysia Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 53 Malaysia Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 54 Malaysia Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 55 Malaysia Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 56 Malaysia Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 57 Rest of Asia Pacific Online Clothing Rental Market, 2019 - 2022, USD Million
- TABLE 58 Rest of Asia Pacific Online Clothing Rental Market, 2023 - 2030, USD Million
- TABLE 59 Rest of Asia Pacific Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
- TABLE 60 Rest of Asia Pacific Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
- TABLE 61 Rest of Asia Pacific Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
- TABLE 62 Rest of Asia Pacific Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
- TABLE 63 Key Information - The Clothing Rental
- TABLE 64 Key Information - RENT THE RUNWAY, INC.
- TABLE 65 Key Information - Flyrobe
- TABLE 66 Key Information - Gwynnie Bee
- TABLE 67 Key Information - Le Tote, Inc.
- TABLE 68 Key Information - by rotation ltd
- TABLE 69 Key Information - The secret wardrobe
- TABLE 70 Key Information - Urban Outfitters, Inc.
- TABLE 71 Key Information - Dress Hire AU
- TABLE 72 Key Information - Glam Corner Pty Ltd
