Consumer Goods and Retail Report Blog

United States Online Clothing Rental Market is to Grow with a CAGR of around 10% During the Forecast Period. The growth of the online clothing rental industry is driven by the rising popularity of subscription-based services, growing internet penetration, and changing consumer lifestyles.  According to TechSci Research report,  “United States Online Clothing Rental Market”  - By Region, Competition Forecast and Opportunities, 2017-2027 ” , the United States online clothing rental market has grown significantly in recent years owing to growing e-commerce websites and the expanding fashion industry. Fashion-conscious people who lack the funds to buy the clothing of their choice are expected to use all available resources. Renting a product is usually less expensive and this is particularly true in this market because fashion trends shift frequently, and clients prefer not to wear the same thing repeatedly. As a result, customers prefer renting clothing to stay fashiona...

United States Online Clothing Rental Market is to Grow with a CAGR of around 10% During the Forecast Period. The growth of the online clothing rental industry is driven by the rising popularity of subscription-based services, growing internet penetration, and changing consumer lifestyles.  According to TechSci Research report,  “United States Online Clothing Rental Market” - By Region, Competition Forecast and Opportunities, 2017-2027 ” ,  the United States online clothing rental market has grown significantly in recent years owing to growing e-commerce websites and the expanding fashion industry. Fashion-conscious people who lack the funds to buy the clothing of their choice are expected to use all available resources. Renting a product is usually less expensive and this is particularly true in this market because fashion trends shift frequently, and clients prefer not to wear the same thing repeatedly. As a result, customers prefer renting clothing to stay fashionable. ...