The sharing economy movement is taking a new stride in the Arab World, and many platforms have taken the initiative of implementing the methods of the collaborative economy. We dig deep and scrutinize the factors and the potential which could see this industry grow bigger in the region at a quick rate. Here we offer some successful stories.
The sharing economy in the Arab World has been witnessing an ongoing shift in the trend that has envisaged owning rather than accessing. This change has turned things around, where now the value of the product in the Arab World day after another has become one of usage- not in its outright ownership anymore; as was the case with mainstream consumer models. Used products are more fashionable, thanks to the popularity of online platforms for buying and selling used goods.