Market Share of Online Clothing Rental Industry
The online clothing rental market is fragmented, combining established retailers and start-ups. While selected retailers are looking for a better way of managing their inventory through rentals, start-ups are looking for business expansion by offering multi-brand product mixes. Some key players active in the market are Urban Outfitters, Inc., GlamCorner Pty Ltd, Rent the Runway, and Gwynnie Bee. New York & Company, Inc.. To obtain a competitive edge, brands differentiate their product quality and packaging. The companies are focusing on making their products sustainable and environment-friendly.
Online Clothing Rental Market Leaders
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Urban Outfitters, Inc.
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GlamCorner Pty Ltd
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Rent the Runway
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Gwynnie Bee
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New York & Company, Inc.
*Disclaimer: Major Players sorted in no particular order
