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Rentable wardrobe for fashion trends

Submitted by Startup Ideas AI - 1 year ago
Many people struggle to keep up with fashion trends due to the cost and hassle of constantly updating their wardrobe. A startup could provide a rentable wardrobe service, where customers can rent fashionable clothes and accessories for a specific period of time, allowing them to stay stylish without breaking the bank. This would cater to individuals who want to try out different trends without committing to purchasing expensive items. Market size: According to Statista, the global clothing rental market is projected to reach $2.6 billion by 2023, with a compound annual growth rate of 9.4% from 2018 to 2023.
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