2022 is expected to be the year of biggest growth for the rental apparel market, with a yearly growth of almost 60 percent, representing a trend towards non-traditional, sharing economy business models within the apparel industry. From 2023 onwards, however, growth is expected to slow. In 2026 market revenue growth is predicted to be 5.4 percent.
Growth rate of rental apparel market revenue in Europe from 2020 to 2026
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Statista. (January 26, 2022). Growth rate of rental apparel market revenue in Europe from 2020 to 2026 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1195590/rental-apparel-market-revenue-europe/
Statista. "Growth rate of rental apparel market revenue in Europe from 2020 to 2026." Chart. January 26, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1195590/rental-apparel-market-revenue-europe/
Statista. (2022). Growth rate of rental apparel market revenue in Europe from 2020 to 2026. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1195590/rental-apparel-market-revenue-europe/
Statista. "Growth Rate of Rental Apparel Market Revenue in Europe from 2020 to 2026." Statista, Statista Inc., 26 Jan 2022, https://www.statista.com/statistics/1195590/rental-apparel-market-revenue-europe/
Statista, Growth rate of rental apparel market revenue in Europe from 2020 to 2026 Statista, https://www.statista.com/statistics/1195590/rental-apparel-market-revenue-europe/ (last visited December 22, 2024)
Growth rate of rental apparel market revenue in Europe from 2020 to 2026 [Graph], Statista, January 26, 2022. [Online]. Available: https://www.statista.com/statistics/1195590/rental-apparel-market-revenue-europe/