The rising acceptance of subscription lifestyle is anticipated to drive the global market during the forecasted period of 2020-2027 at a considerable rate. Subscriptions have become a more popular method to purchase items and services online. Buyers are increasingly turning to subscriptions for consumer goods, which is estimated to boost the market. According to the research, 15% of online consumers have signed up for e-commerce service in the last year.
Increasing internet penetration, and rising in the use of subscriptions services among millennials will boost the global subscription box market. Additionally, the expansion of the online e-commerce industry, the rapid pace of urbanization and growing demand for Consumers’ personalized long-tail demand are some factors which are anticipated to drive the global Subscription Box market over the forecast period.
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