Report ID: SQMIG25K2079
Online Clothing Rental Market Size, Share, Growth Analysis, By End-User(Men, Women, and Children), By Dress Code(Formal, Casual, and Traditional), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25K2079 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|
Tables:
63 |
Figures:
75
Online Clothing Rental Market Regional Insights
North America leads with a market share of over 39.13% in 2022 and is expected to experience a considerable CAGR in the near future. Mexico accounts for the majority of the share in North America and is predicted to grow at a CAGR of more than 8.1% over the forecast duration.
Asia Pacific is the fastest-growing segment because of strong demand from emerging economies such as India and China. Growing consumer awareness & access to the internet are two of the region's primary growth drivers. Because India and China have more than 34.0% of the world's population, greater consumer awareness in these countries is projected to have an impact on worldwide growth. Consumers in these developing nations are discovering a better way to get their desired outfits without having to buy them, therefore clothing rental is a realistic choice for them.
Online Clothing Rental Market Report Snapshots
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