Renting sustainable fashion for special occasions
Many people struggle to find sustainable fashion options for special occasions. A startup could offer a rental service for ethically-made and eco-friendly fashion items, allowing customers to dress sustainably without the high cost of purchasing. This could cater to the increasing demand for sustainable fashion and reduce clothing waste. Market size: According to a report by Grand View Research, the global fashion rental market was valued at $1.67 billion in 2019 and is expected to reach $2.4 billion by 2027, growing at a CAGR of 7.9%.