The Latin America, Middle East and Africa Online Clothing Rental Market would witness market growth of 10.2% CAGR during the forecast period (2023-2030).
The adoption of 3D printing is revolutionizing the manufacturing and customization processes within the market. This technology allows for on-demand production of garments, reducing waste and enabling greater flexibility in meeting consumer preferences. Some online clothing rental platforms are embracing circular fashion models, where garments are designed with recyclability and upcycling in mind. This strategy seeks to reduce the environmental impact of clothing manufacture and disposal, aligning with the broader goals of sustainable fashion.
Collaborations often align with seasonal trends or specific themes. Seasonal and theme-based offerings cater to the diverse fashion needs of users, ensuring that online clothing rental platforms have a dynamic and relevant inventory throughout the year. Fashion collaborations create opportunities for cross-promotion between online clothing rental platforms and fashion brands or designers. Coordinated marketing efforts can amplify the visibility of both parties, reaching a broader audience and increasing user awareness of the rental services. This association with high-profile fashion moments boosts the desirability of rental items, attracting users who wish to look like their favourite celebrities.
The Fash Hub is an online clothing rental platform in the UAE specializing in occasion wear, offering a curated collection of dresses and accessories for events and celebrations. Consumers' affluence and luxury preferences in the UAE contribute to the demand for high-end and designer clothing. Innovation in technology, such as virtual try-on features and user-friendly interfaces, enhances the online shopping experience and attracts tech-savvy consumers in the UAE. The factors mentioned above will drive the regional market growth.
The Brazil market dominated the LAMEA Online Clothing Rental Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $57.9 million by 2030. The Argentina market is showcasing a CAGR of 10.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Online Clothing Rental Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Online Clothing Rental Market, by End-User
1.4.2 LAMEA Online Clothing Rental Market, by Dress Code
1.4.3 LAMEA 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. LAMEA Online Clothing Rental Market by End-User
4.1 LAMEA Women Market by Country
4.2 LAMEA Men Market by Country
4.3 LAMEA Children Market by Country
Chapter 5. LAMEA Online Clothing Rental Market by Dress Code
5.1 LAMEA Formal Market by Country
5.2 LAMEA Casual Market by Country
5.3 LAMEA Traditional Market by Country
Chapter 6. LAMEA Online Clothing Rental Market by Country
6.1 Brazil Online Clothing Rental Market
6.1.1 Brazil Online Clothing Rental Market by End-User
6.1.2 Brazil Online Clothing Rental Market by Dress Code
6.2 Argentina Online Clothing Rental Market
6.2.1 Argentina Online Clothing Rental Market by End-User
6.2.2 Argentina Online Clothing Rental Market by Dress Code
6.3 UAE Online Clothing Rental Market
6.3.1 UAE Online Clothing Rental Market by End-User
6.3.2 UAE Online Clothing Rental Market by Dress Code
6.4 Saudi Arabia Online Clothing Rental Market
6.4.1 Saudi Arabia Online Clothing Rental Market by End-User
6.4.2 Saudi Arabia Online Clothing Rental Market by Dress Code
6.5 South Africa Online Clothing Rental Market
6.5.1 South Africa Online Clothing Rental Market by End-User
6.5.2 South Africa Online Clothing Rental Market by Dress Code
6.6 Nigeria Online Clothing Rental Market
6.6.1 Nigeria Online Clothing Rental Market by End-User
6.6.2 Nigeria Online Clothing Rental Market by Dress Code
6.7 Rest of LAMEA Online Clothing Rental Market
6.7.1 Rest of LAMEA Online Clothing Rental Market by End-User
6.7.2 Rest of LAMEA 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 LAMEA Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 4 LAMEA Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 5 LAMEA Women Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Women Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Men Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Men Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Children Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Children Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 12 LAMEA Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 13 LAMEA Formal Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Formal Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Casual Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Casual Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Traditional Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Traditional Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Online Clothing Rental Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Online Clothing Rental Market by Country, 2023 - 2030, USD Million
TABLE 21 Brazil Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 22 Brazil Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 23 Brazil Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 24 Brazil Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 25 Brazil Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 26 Brazil Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 27 Argentina Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 28 Argentina Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 29 Argentina Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 30 Argentina Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 31 Argentina Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 32 Argentina Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 33 UAE Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 34 UAE Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 35 UAE Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 36 UAE Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 37 UAE Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 38 UAE Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 39 Saudi Arabia Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 40 Saudi Arabia Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 41 Saudi Arabia Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 43 Saudi Arabia Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 44 Saudi Arabia Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 45 South Africa Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 46 South Africa Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 47 South Africa Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 48 South Africa Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 49 South Africa Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 50 South Africa Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 51 Nigeria Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 52 Nigeria Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 53 Nigeria Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 54 Nigeria Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 55 Nigeria Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 56 Nigeria Online Clothing Rental Market by Dress Code, 2023 - 2030, USD Million
TABLE 57 Rest of LAMEA Online Clothing Rental Market, 2019 - 2022, USD Million
TABLE 58 Rest of LAMEA Online Clothing Rental Market, 2023 - 2030, USD Million
TABLE 59 Rest of LAMEA Online Clothing Rental Market by End-User, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA Online Clothing Rental Market by End-User, 2023 - 2030, USD Million
TABLE 61 Rest of LAMEA Online Clothing Rental Market by Dress Code, 2019 - 2022, USD Million
TABLE 62 Rest of LAMEA 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 LAMEA 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 LAMEA Online Clothing Rental Market Share by End-User, 2022
FIG 6 LAMEA Online Clothing Rental Market Share by End-User, 2030
FIG 7 LAMEA Online Clothing Rental Market by End-User, 2019 - 2030, USD Million
FIG 8 LAMEA Online Clothing Rental Market Share by Dress Code, 2022
FIG 9 LAMEA Online Clothing Rental Market Share by Dress Code, 2030
FIG 10 LAMEA Online Clothing Rental Market by Dress Code, 2019 - 2030, USD Million
FIG 11 LAMEA Online Clothing Rental Market Share by Country, 2022
FIG 12 LAMEA Online Clothing Rental Market Share by Country, 2030
FIG 13 LAMEA 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