
Online Clothing Rental Market Report and Forecast 2025-2034
Description
The global online clothing rental market size reached a value of around USD 1.54 Billion in 2024. The market is further expected to grow at a CAGR of 9.70% between 2025 and 2034, driven by the increasing popularity of online shopping portals.
Key Trends in the Market
Online clothing rental is a service in where users can rent various clothing items based on their preferences for a certain period of time and return the clothing at the end of the rental period. As clothing is rented, the costs are significantly lower than purchasing the same clothing. Users can choose to hire clothes for a range of occasions, including photo shoots, theme parties, business events, weddings, and films.
The EMR’s report titled “Online Clothing Rental Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Dress Code
The traditional dress code segment is witnessing rapid growth in the online clothing rental market, as traditional clothing is most often only worn during festivals and special events. Since traditional clothing is not worn frequently, can be expensive to purchase, and fashions may change, customers choose to rent them rather than buy them. During the forecast period, the formal dress code segment is anticipated to grow significantly. Renting is a growing as a preferable choice for price-conscious and younger consumers because formal clothing, such suits and blazers, is costly and requires care.
Global Online Clothing Rental Market Share by Region
North America is emerging as a growing market for online clothing rentals, fuelled by increasing preference for new fashion, price consciousness, and limited budgets. The expansion of online clothing rental service providers in the region and availability of additional features such as subscriptions and combination packages are further supporting the market for online clothing rental in North America.
Meanwhile, the Asia Pacific is predicted to witness substantial growth in the market for online clothing rental because of the region's increasing internet penetration and consumer awareness. Clothing rental is a good option for consumers in Asia Pacific who are finding it easier to access the clothes of their choice rather than buying them.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global online clothing rental market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
FashionPass Inc.
FashionPass Inc., established in 2017 and headquartered in California in the United States, is a women's online clothes, designer dress, and accessory rental service company. Items can be exchanged for new ones as many times per month as the member choose after the prior order has been returned.
Rent the Runway, Inc.
Rent the Runway, Inc., founded in 2009, is an online store where customers may rent, subscribe to, or buy designer clothing and accessories. RTR, with its headquarters in New York in the United States, provides clothing, accessories, and home goods from a variety of partner designers.
Vince, LLC
Vince, LLC, established in 2002 and headquartered in New York, United States, is a major worldwide luxury clothes and accessories company. In addition to ready-to-wear clothing for both men and women, Vince also sells purses, home goods, fragrance, and shoes.
Other market players include URBN SR, LLC (Nuuly), Tulerie, LLC, Armoire Style, Inc., The Clothing Rental, Rent It Bae (FLYROBE), Rainey's Closet, CIRCLE CLOSET, Drexcode s.r.l., and MyWardrobeHQ Ltd, among others.
Key Trends in the Market
Online clothing rental is a service in where users can rent various clothing items based on their preferences for a certain period of time and return the clothing at the end of the rental period. As clothing is rented, the costs are significantly lower than purchasing the same clothing. Users can choose to hire clothes for a range of occasions, including photo shoots, theme parties, business events, weddings, and films.
- The growth of the film, television, and television industry as well as the popularity of fashion influencers on social media platforms are anticipated to drive the online clothing rental market expansion. These end users need clothes for a brief period of time; hence renting is preferred to buying.
- The online clothing rental market is benefiting from the surge in smart marketing strategies and a growing demand for party dresses, designer gowns, and dinner outfits. The development of e-commerce and the launch of new digital platforms is also providing lucrative opportunities to the market by offering features such as virtual trials, renting of accessories with clothes, and rent to buy.
- The global market for online clothing rental is being significantly driven by the general public's growing cost sensitivity. As a result of the rising prices of clothing and accessories consumers are becoming more cost-sensitive and look for ways to save money while yet remaining fashionable.
The EMR’s report titled “Online Clothing Rental Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Dress Code
- Formal
- Casual
- Traditional
- Partywear
- Women
- Men
- Kids
- Business to Consumer (B2C)
- Business to Business (B2B)
- Standalone Model
- Subscription Model
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The traditional dress code segment is witnessing rapid growth in the online clothing rental market, as traditional clothing is most often only worn during festivals and special events. Since traditional clothing is not worn frequently, can be expensive to purchase, and fashions may change, customers choose to rent them rather than buy them. During the forecast period, the formal dress code segment is anticipated to grow significantly. Renting is a growing as a preferable choice for price-conscious and younger consumers because formal clothing, such suits and blazers, is costly and requires care.
Global Online Clothing Rental Market Share by Region
North America is emerging as a growing market for online clothing rentals, fuelled by increasing preference for new fashion, price consciousness, and limited budgets. The expansion of online clothing rental service providers in the region and availability of additional features such as subscriptions and combination packages are further supporting the market for online clothing rental in North America.
Meanwhile, the Asia Pacific is predicted to witness substantial growth in the market for online clothing rental because of the region's increasing internet penetration and consumer awareness. Clothing rental is a good option for consumers in Asia Pacific who are finding it easier to access the clothes of their choice rather than buying them.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global online clothing rental market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
FashionPass Inc.
FashionPass Inc., established in 2017 and headquartered in California in the United States, is a women's online clothes, designer dress, and accessory rental service company. Items can be exchanged for new ones as many times per month as the member choose after the prior order has been returned.
Rent the Runway, Inc.
Rent the Runway, Inc., founded in 2009, is an online store where customers may rent, subscribe to, or buy designer clothing and accessories. RTR, with its headquarters in New York in the United States, provides clothing, accessories, and home goods from a variety of partner designers.
Vince, LLC
Vince, LLC, established in 2002 and headquartered in New York, United States, is a major worldwide luxury clothes and accessories company. In addition to ready-to-wear clothing for both men and women, Vince also sells purses, home goods, fragrance, and shoes.
Other market players include URBN SR, LLC (Nuuly), Tulerie, LLC, Armoire Style, Inc., The Clothing Rental, Rent It Bae (FLYROBE), Rainey's Closet, CIRCLE CLOSET, Drexcode s.r.l., and MyWardrobeHQ Ltd, among others.
Table of Contents
162 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Online Clothing Rental Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Online Clothing Rental Historical Market (2018-2024)
- 5.3 Global Online Clothing Rental Market Forecast (2025-2034)
- 5.4 Global Online Clothing Rental Market by Dress Code
- 5.4.1 Formal
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Casual
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Traditional
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.4.4 Partywear
- 5.4.4.1 Historical Trend (2018-2024)
- 5.4.4.2 Forecast Trend (2025-2034)
- 5.5 Global Online Clothing Rental Market by Gender
- 5.5.1 Women
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Men
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Kids
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.6 Global Online Clothing Rental Market by End Use
- 5.6.1 Business to Consumer (B2C)
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Business to Business (B2B)
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.7 Global Online Clothing Rental Market by Business Model
- 5.7.1 Standalone Model
- 5.7.1.1 Historical Trend (2018-2024)
- 5.7.1.2 Forecast Trend (2025-2034)
- 5.7.2 Subscription Model
- 5.7.2.1 Historical Trend (2018-2024)
- 5.7.2.2 Forecast Trend (2025-2034)
- 5.8 Global Online Clothing Rental Market by Region
- 5.8.1 North America
- 5.8.1.1 Historical Trend (2018-2024)
- 5.8.1.2 Forecast Trend (2025-2034)
- 5.8.2 Europe
- 5.8.2.1 Historical Trend (2018-2024)
- 5.8.2.2 Forecast Trend (2025-2034)
- 5.8.3 Asia Pacific
- 5.8.3.1 Historical Trend (2018-2024)
- 5.8.3.2 Forecast Trend (2025-2034)
- 5.8.4 Latin America
- 5.8.4.1 Historical Trend (2018-2024)
- 5.8.4.2 Forecast Trend (2025-2034)
- 5.8.5 Middle East and Africa
- 5.8.5.1 Historical Trend (2018-2024)
- 5.8.5.2 Forecast Trend (2025-2034)
- 6 North America Online Clothing Rental Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Online Clothing Rental Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Online Clothing Rental Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Online Clothing Rental Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Online Clothing Rental Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 FashionPass Inc.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 URBN SR, LLC (Nuuly)
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Rent the Runway, Inc.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Tulerie, LLC
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Vince, LLC,
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Armoire Style, Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 The Clothing Rental
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Rent It Bae (FLYROBE)
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Rainey's Closet
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 CIRCLE CLOSET
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Drexcode s.r.l.
- 12.5.11.1 Company Overview
- 12.5.11.2 Product Portfolio
- 12.5.11.3 Demographic Reach and Achievements
- 12.5.11.4 Certifications
- 12.5.12 MyWardrobeHQ Ltd
- 12.5.12.1 Company Overview
- 12.5.12.2 Product Portfolio
- 12.5.12.3 Demographic Reach and Achievements
- 12.5.12.4 Certifications
- 12.5.13 Others
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