The Europe Online Clothing Rental Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
The seamless technology integration enhances the user experience within the market. Virtual try-on features, augmented reality applications, and advanced recommendation algorithms are integral components of rental platforms, allowing users to make more informed and satisfying choices. Rental platforms increasingly partner with fashion brands, designers, and influencers. These collaborations expand the range of available options and elevate the perceived value of rental clothing, making it a desirable and fashionable choice. As consumer expectations for personalized experiences continue to rise, online clothing rental platforms are incorporating customization options. Subscribers pay a regular fee to receive a predetermined number of clothing items each month, providing a convenient and budget-friendly approach to maintaining a dynamic wardrobe.
The applications of online clothing rental are diverse and cater to a wide range of consumer needs. One of the primary applications is in the realm of special occasions. Individuals often require unique and stylish outfits for weddings, parties, or corporate functions. Instead of investing in expensive clothing that may only be worn once, consumers are turning to online clothing rental platforms to access many choices without the long-term commitment of ownership. Another significant application is in the realm of fashion experimentation. Consumers, especially the younger demographic, are increasingly valuing experiences over possessions. It allows them to experiment with different styles, trends, and brands without a hefty price tag.
Germany has a well-developed digital infrastructure, and consumers are generally comfortable with online transactions. This digital competence creates a favourable environment for the growth of online clothing rental platforms, which rely on a seamless online experience in Germany. Online clothing rental services in Germany offer flexibility in fashion choices, allowing users to adapt their wardrobe to different occasions, seasons, or style preferences without the constraints of permanent ownership. Due to the above-mentioned factors, the market will grow significantly in this region.
The Germany market dominated the Europe Online Clothing Rental Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $127 million by 2030. The UK market is exhibiting a CAGR of 7.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Online Clothing Rental Market will Hit $2 Billion by 2030, at a CAGR of 8.4%
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
By Dress Code
- Formal
- Casual
- Traditional
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Online Clothing Rental Market, by End-User
1.4.2 Europe Online Clothing Rental Market, by Dress Code
1.4.3 Europe 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
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Online Clothing Rental Market by End-User
4.1 Europe Women Market by Country
4.2 Europe Men Market by Country
4.3 Europe Children Market by Country
Chapter 5. Europe Online Clothing Rental Market by Dress Code
5.1 Europe Formal Market by Country
5.2 Europe Casual Market by Country
5.3 Europe Traditional Market by Country
Chapter 6. Europe Online Clothing Rental Market by Country
6.1 Germany Online Clothing Rental Market
6.1.1 Germany Online Clothing Rental Market by End-User
6.1.2 Germany Online Clothing Rental Market by Dress Code
6.2 UK Online Clothing Rental Market
6.2.1 UK Online Clothing Rental Market by End-User
6.2.2 UK Online Clothing Rental Market by Dress Code
6.3 France Online Clothing Rental Market
6.3.1 France Online Clothing Rental Market by End-User
6.3.2 France Online Clothing Rental Market by Dress Code
6.4 Russia Online Clothing Rental Market
6.4.1 Russia Online Clothing Rental Market by End-User
6.4.2 Russia Online Clothing Rental Market by Dress Code
6.5 Spain Online Clothing Rental Market
6.5.1 Spain Online Clothing Rental Market by End-User
6.5.2 Spain Online Clothing Rental Market by Dress Code
6.6 Italy Online Clothing Rental Market
6.6.1 Italy Online Clothing Rental Market by End-User
6.6.2 Italy Online Clothing Rental Market by Dress Code
6.7 Rest of Europe Online Clothing Rental Market
6.7.1 Rest of Europe Online Clothing Rental Market by End-User
6.7.2 Rest of Europe 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
TABLE 1 Europe Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 2 Europe Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 3 Europe Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 4 Europe Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 5 Europe Women Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Women Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Men Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Men Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Children Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Children Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 12 Europe Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 13 Europe Formal Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Formal Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Casual Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Casual Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Traditional Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Traditional Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Online Clothing Rental Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Online Clothing Rental Market by Country, 2023 - 2030, USD Million
TABLE 21 Germany Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 22 Germany Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 23 Germany Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 24 Germany Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 25 Germany Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 26 Germany Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 27 UK Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 28 UK Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 29 UK Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 30 UK Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 31 UK Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 32 UK Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 33 France Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 34 France Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 35 France Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 36 France Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 37 France Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 38 France Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 39 Russia Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 40 Russia Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 41 Russia Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 42 Russia Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 43 Russia Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 44 Russia Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 45 Spain Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 46 Spain Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 47 Spain Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 48 Spain Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 49 Spain Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 50 Spain Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 51 Italy Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 52 Italy Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 53 Italy Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 54 Italy Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 55 Italy Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 56 Italy Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 57 Rest of Europe Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 58 Rest of Europe Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 59 Rest of Europe Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 60 Rest of Europe Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 61 Rest of Europe Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 62 Rest of Europe 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
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Online Clothing Rental Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Online Clothing Rental Market
FIG 4 Porter’s Five Forces Analysis - Online Clothing Rental Market
FIG 5 Europe Online Clothing Rental Market Share by End-User, 2022
FIG 6 Europe Online Clothing Rental Market Share by End-User, 2030
FIG 7 Europe Online Clothing Rental Market by End-User, 2019 - 2030, USD Million
FIG 8 Europe Online Clothing Rental Market Share by Dress Code, 2022
FIG 9 Europe Online Clothing Rental Market Share by Dress Code, 2030
FIG 10 Europe Online Clothing Rental Market by Dress Code, 2019 - 2030, USD Million
FIG 11 Europe Online Clothing Rental Market Share by Country, 2022
FIG 12 Europe Online Clothing Rental Market Share by Country, 2030
FIG 13 Europe Online Clothing Rental Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: The Clothing Rental
FIG 15 SWOT Analysis: Rent The Runway, Inc.
FIG 16 SWOT Analysis: Flyrobe
FIG 17 SWOT Analysis: Gwynnie Bee
FIG 18 SWOT Analysis: By Rotation Ltd.
FIG 19 SWOT Analysis: The Secret Wardrobe
FIG 20 SWOT Analysis: Urban Outfitters, Inc.
FIG 21 SWOT Analysis: Dress Hire AU