Online Clothing Rental Market to Reach a Value of USD 3.77 billion
Online Clothing Rental Market Analysis and Size The online clothing rental market has emerged as a popular alternative to traditional retail, allowing consumers to rent clothing items for a limited period instead of purchasing them outright. It offers individuals the opportunity to access a wide variety of fashionable attire without the need for large investments or long-term commitments. It caters to those seeking novelty and variety in their wardrobe without the burden of storing or disposing of items. Data Bridge Market Research analyses that the online clothing rental market which was USD 1.86 billion in 2022, would rocket up to USD 3.77 billion by 2030, and is expected to undergo a CAGR of 10.60% during the forecast period of 2023 to 2030. “Knitwear” dominates the product type segment of the online clothing rental market owing to its versatility and ability to provide both comfort and style. In addition to the insights on market scenarios such as market value, gr...