Startup Ideas AI

Create a platform that allows customers to rent high-end luxury goods such as designer clothing, jewelry, handbags, and accessories for a fraction of the retail price, reducing the financial burden of owning luxury items. Customers can enjoy the luxury experience without the high cost and hassle of maintenance. The platform would provide a wide selection of authenticated luxury goods from various brands, offering customers a convenient and affordable way to access luxury products. Market Size: The global luxury goods market is projected to reach $445 billion by 2025, with a compound annual growth rate of 3.82%. Countries: United States, China, Japan, Germany, United Kingdom. Category: Fashion & Lifestyle.