The revolutionary trend of “Renting over buying” is changing the scenario of re-commerce industry which is reflected in more than $ 1 billion has been invested in online rental startups.
Recent US study states that 77 % of people prefer renting products over buying, as it’s a great source of income.
In past few years, niche based online rental marketplaces such as vacation rental, car rental, bike rental; home appliances are becoming popular among entrepreneurs.
Most popular categories for rental marketplaces
Online rental services for customers
Travel enthusiasts young generation is more likely to rent things house, cars, bike and etc.
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