Startup Ideas AI

People often struggle with limited closet space and the desire for a constantly updated wardrobe. A smart wardrobe sharing platform could allow individuals to rent out their clothes or exchange with others, providing a sustainable and cost-effective way to expand their fashion options. This would tap into the growing sharing economy trend and cater to eco-conscious individuals. Market size: According to a report by GlobalData, the global fashion rental market is projected to reach $3 billion by 2024.