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Australia Online Clothing Rental Market Size, Share, Growth: By Business Model: Peer-to-Peer Model, Standalone Model, Hybrid Model; By Gender: Kids, Females, Males; By Clothing Style: Traditional, Formal, Partywear, Casual; By Age Group; By Price Range; By End Use; Region Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Australia Online Clothing Rental Market Outlook
The Australia online clothing rental market size is projected to grow at a CAGR of 10.43% between 2024 and 2032.
Key Takeaways:
- In 2022, Australia witnessed 127,161 marriages, leading to a rise in rental clothing purchases, thus, boosting the Australia online clothing rental market.
- Australian festivals contribute $2.7 billion yearly to the economy through ticket sales, employing nearly 10,000 FTEs across various sectors.
- Rental platforms benefit from offering comprehensive options for both genders, encouraging customer loyalty, diverse marketing strategies, event flexibility, and market adaptability.
Females contribute significantly to the Australia online clothing rental market growth due to the fashion industry's historical focus on women, leading to a well-established market with a high demand for rental services
Catering to female customers in the online clothing rental market offers benefits including an established market, varied fashion trends, increased profitability, improved brand image, repeat clientele, and effective social media marketing.
Providing services for male customers in the online clothing rental sector brings advantages such as broadening the customer base, increasing revenue streams, differentiating from competitors, meeting rising demand, and building customer loyalty to the brand.
Further, the Australia online clothing rental market is positively correlated with the growing number of weddings. According to the Australian Bureau of Statistics, there were 127,161 marriages in Australia in 2022, contributing to an increase in the purchase of rental clothing.
As per the Australia Festival Association, Australian festivals generate USD 2.7 billion annually for the economy through ticket sales at various events nationwide. Almost 10,000 full-time equivalent employees from various sectors, thus, contributing to the rental clothing industry.
Market Segmentation
Australia Online Clothing Rental Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Business Model
- Peer-to-Peer Model
- Standalone Model
- Hybrid Model
Market Breakup by Gender
- Kids
- Females
- Males
Market Breakup by Clothing Style
- Traditional
- Formal
- Partywear
- Casual
Market Breakup by Age Group
- Below 18 years
- 18-25 years
- 26-34 years
- 35-44 years
- 45-54 years
- 55 above years
Market Breakup by Price Range
- Low
- Medium
- Premium
Market Breakup by End Use
- Business to Business (B2B)
- Business to Consumer (B2C)
Market Breakup by Region
- New South Wales
- Victora
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The key players in the Australia online clothing rental market are Glam Corner Pty Ltd., Style Theory Pty Ltd. , Designerex Services Pty Ltd., The Volte Pty Ltd., Rent a Dress Pty Ltd., Your Closet Pty Ltd., All The Dresses, and Dress Hire AU among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Business Model |
|
| Breakup by Gender |
|
| Breakup by Clothing Style |
|
| Breakup by Age Group |
|
| Breakup by Price Range |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Online Clothing Rental Market Overview
8.1 Key Industry Highlights
8.2 Australia Online Clothing Rental Historical Market (2018-2023)
8.3 Australia Online Clothing Rental Market Forecast (2024-2032)
9 Australia Online Clothing Rental Market by Business Model
9.1 Peer-to-Peer Model
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Standalone Model
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Hybrid Model
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 Australia Online Clothing Rental Market by Gender
10.1 Kids
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Females
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Males
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Online Clothing Rental Market by Clothing Style
11.1 Traditional
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Formal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Partywear
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Casual
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 Australia Online Clothing Rental Market by Age Group
12.1 Below 18 years
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 18-25 years
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 26-34 years
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 35-44 years
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 45-54 years
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 55 above years
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
13 Australia Online Clothing Rental Market by Price Range
13.1 Low
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Medium
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Premium
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Australia Online Clothing Rental Market by End Use
14.1 Business to Business (B2B)
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Business to Consumer (B2C)
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Australia Online Clothing Rental Market by Region
15.1 New South Wales
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Victoria
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Queensland
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Australian Capital Territory
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Western Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Glam Corner Pty Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Style Theory Pty Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Designerex Services Pty Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 The Volte Pty Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Rent a Dress Pty Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Your Closet Pty Ltd.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 All The Dresses
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Dress Hire AU
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Online Clothing Rental Market: Key Industry Highlights, 2018 and 2032
2. Australia Online Clothing Rental Historical Market: Breakup by Business Model (USD Million), 2018-2023
3. Australia Online Clothing Rental Market Forecast: Breakup by Business Model (USD Million), 2024-2032
4. Australia Online Clothing Rental Historical Market: Breakup by Gender (USD Million), 2018-2023
5. Australia Online Clothing Rental Market Forecast: Breakup by Gender (USD Million), 2024-2032
6. Australia Online Clothing Rental Historical Market: Breakup by Clothing Style (USD Million), 2018-2023
7. Australia Online Clothing Rental Market Forecast: Breakup by Clothing Style (USD Million), 2024-2032
8. Australia Online Clothing Rental Historical Market: Breakup by Age Group (USD Million), 2018-2023
9. Australia Online Clothing Rental Market Forecast: Breakup by Age Group (USD Million), 2024-2032
10. Australia Online Clothing Rental Historical Market: Breakup by Price Range (USD Million), 2018-2023
11. Australia Online Clothing Rental Market Forecast: Breakup by Price Range (USD Million), 2024-2032
12. Australia Online Clothing Rental Historical Market: Breakup by End Use (USD Million), 2018-2023
13. Australia Online Clothing Rental Market Forecast: Breakup by End Use (USD Million), 2024-2032
14. Australia Online Clothing Rental Historical Market: Breakup by Region (USD Million), 2018-2023
15. Australia Online Clothing Rental Market Forecast: Breakup by Region (USD Million), 2024-2032
16. Australia Online Clothing Rental Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 10.43% between 2024 and 2032.
The online clothing rental market is categorised according to gender, which includes Kids, Females and Males.
The key players are Glam Corner Pty Ltd., Style Theory Pty Ltd., Designerex Services Pty Ltd., The Volte Pty Ltd., Rent a Dress Pty Ltd., Your Closet Pty Ltd., All The Dresses, and Dress Hire AU among others.
Based on the price range, the online clothing rental market is divided into low, medium, and premium.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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