Clothing Rental Statistics

Rent the Runway's general and administrative expenses were $69.2 million in fiscal year 2024 [1]

Rent the Runway generated $298.2 million in total revenue in fiscal year 2023 [2]

URBN said the Nuuly business generated more than $400 million in annual revenue run-rate [3]

2.5 billion items of apparel are expected to be bought secondhand in 2024 [4]

One garbage truck of textiles is landfilled or incinerated every second [5]

More than USD 500 billion of value is lost every year due to clothing underutilization and lack of recycling [6]

Extending the active life of clothes by an extra 9 months can reduce carbon, water and waste footprints by around 20-30% each [7]

Producing a pair of jeans requires about 7,500 liters of water [8]

Washing clothes releases 500,000 tons of microfibers into the ocean every year [9]

Textiles account for approximately 9% of annual microplastic losses to the oceans [10]

Textile consumption in the EU generated about 270 kg of CO2 emissions per person in 2020 [11]

Only about 4.4 kg of post-consumer textiles per person were collected separately in the EU in 2022 [12]

In 2018, textiles accounted for 7.7% of total landfilled municipal solid waste in the U.S. [13]

Renting one dress instead of buying new can save 16 kg of CO2 [14]

30% of U.S. consumers say they are somewhat interested in renting clothes [15]

The business-to-consumer segment accounted for over 57% of online clothing rental market revenue in 2023 [16]

The online clothing rental market is expected to grow at a CAGR of 7.6% from 2024 to 2032 [17]

The clothing rental platform market is expected to grow at a CAGR of 7.6% during 2024 to 2031 [18]

The global apparel rental market was valued at USD 5.64 billion in 2022 [19]

Asia Pacific is projected to grow at the fastest CAGR of 7.91% in apparel rental through 2034 [20]

The peer-to-peer segment dominated the online clothing rental market in 2023 [21]

In the apparel rental market, Europe is expected to grow at a CAGR of 8.37% from 2024 to 2032 [22]

The Asia Pacific clothing rental market is projected to grow at a CAGR of 6.9% from 2024 to 2031 [23]

In 2029, 2% of the UK rental market is expected to be everyday wear [24]

3,500,000 active members in 2020—measured as active members for The RealReal (a resale/consignment model closely adjacent to clothing rental) from The RealReal’s 10-K for the year ended 2020 [25]

7,400,000 active customers in 2021—measured as active customers for The RealReal (resale/consignment model adjacent to clothing rental) from The RealReal’s 10-K [26]

12,100,000 active customers in 2022—measured as active customers for The RealReal (resale/consignment model adjacent to clothing rental) from The RealReal’s 10-K [27]

14,400,000 active customers in 2023—measured as active customers for The RealReal (resale/consignment model adjacent to clothing rental) from The RealReal’s 10-K [28]

16,400,000 active customers in 2024—measured as active customers for The RealReal (resale/consignment model adjacent to clothing rental) from The RealReal’s 10-K [29]