Latest news with #Cartlow
Yahoo
24-06-2025
- Business
- Yahoo
Fashion Recommerce Is Gaining Early Traction via Niche Resale Apps and Department Store Experiments
The Middle East recommerce market is poised for significant growth, with a CAGR of 13.2% through 2029. This regional report offers insights into market dynamics, key trends, and opportunities across channels such as C2C, B2C, and trade-in programs, alongside detailed consumer and platform analysis. Key players like Cartlow and The Luxury Closet lead advancements in electronics and luxury fashion resale. Government initiatives are fostering sustainability and circular economy models, cementing recommerce's future in the region. Middle Eastern Recommerce Market Dublin, June 24, 2025 (GLOBE NEWSWIRE) -- The "Middle East Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report has been added to Middle East recommerce market is poised for significant growth, with projections indicating a 15.8% increase annually to reach $7.21 billion by 2025. The market experienced a robust CAGR of 19.5% from 2020 to 2024, which is expected to continue into the future, projecting a CAGR of 13.2% from 2025 to 2029. By 2029, the market could expand to approximately $11.87 billion from a 2024 value of $6.23 billion. This regional report provides a detailed data-centric analysis of the recommerce market Middle East, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the regional and country level, this report provides a comprehensive understanding of recommerce market offers a comprehensive analysis of market dynamics in the recommerce market, segmented by recommerce channels (C2C, B2C, trade-in programs), sales models (resale, rental, refurbishment), platform types (generalist and vertical-specific), digital engagement (app, website, social media), and retail categories (electronics, apparel, home goods, and more). In addition, it provides a snapshot of consumer behaviour, device usage, payment preferences, and city-level penetration across Tier 1 to Tier 3 in the Middle East Is Emerging Through Circular Retail, Platform Consolidation, and Tech-Driven Reverse LogisticsRecommerce in the Middle East is still emerging but gaining traction in urban centers, led by UAE and Saudi Arabia. The region's ecosystem is moving from fragmented resale toward platform-led, circular retail experiences especially in electronics, fashion, and home appliances. Local players, government circular economy agendas, and digital payment ecosystems are acting as key Middle East is witnessing early-stage formalization of recommerce in electronics and luxury fashion. While informal resale dominates in second-tier categories, structured models supported by tech platforms, retailers, and government incentives are driving the next phase of regional recommerce Recommerce Is Scaling Through Retail-Led and Platform-Based Buyback Models In UAE and Saudi Arabia, electronics recommerce is structured around platform-led trade-ins and certified refurbishment. Cartlow (UAE) and NorthLadder (UAE, KSA) enable structured resale of smartphones, tablets, and appliances through B2B and B2C channels. High device turnover, demand for warranty-backed refurbished electronics, and retailer partnerships have accelerated platform penetration. Cartlow has partnered with brands like Sharaf DG and Noon to handle trade-in and resale. Expect further expansion of warranty-integrated refurb flows, with platforms embedding recommerce in omnichannel retail. Government e-waste and circular economy goals will further institutionalize trade-in schemes. Fashion Recommerce Is Gaining Early Traction via Niche Resale Apps and Department Store Experiments Emerging fashion recommerce activity is visible through platforms like The Luxury Closet (UAE) and Threads (KSA), focused on luxury resale. Retailers such as THAT Concept Store in Dubai are testing resale and rental formats in-store. Affluent consumers are driving luxury resale, supported by authentication services, concierge pickup, and resale platforms. Sustainability positioning is becoming part of brand narratives in UAE's retail sector. High-end fashion recommerce will grow among luxury malls and platforms. Broader apparel recommerce will take time to scale due to cultural attitudes and limited take-back infrastructure. C2C Recommerce Remains Informal but Social Commerce Is Catalyzing Volume Informal resale through WhatsApp groups, Facebook Marketplace, and Instagram drives volume in mid- and low-tier goods. Platforms like OpenSooq (active in Jordan, Iraq, KSA) serve as classifieds hubs for resale. High social media penetration and trust in local networks are key enablers. Absence of verified platforms in some countries means C2C remains informal and untracked. Social resale will remain dominant in Tier 2 and Tier 3 cities. However, platform-backed verification and integrated logistics will begin to formalize high-value categories. Government Circular Economy Goals Are Structuring the Recommerce Narrative UAE and Saudi Arabia have included e-waste, repair, and reuse targets within broader sustainability and Vision 2030 plans. UAE's Circular Economy Policy (2021-2031) emphasizes reverse supply chains. National policy alignment around sustainability is pushing retailers and platforms to formalize recommerce models. Government funding for waste management tech and electronics recycling has created new incentives. Recommerce will become embedded in ESG and compliance frameworks. Large retailers will launch more visible trade-in schemes as part of sustainability disclosures. Competitive Landscape in the Middle East Is Centered on Platform-Led Electronics Reuse, Luxury Resale, and Government-Driven IntegrationThe competitive landscape in the Middle East is forming around electronics recommerce platforms, luxury resale apps, and retailer-aligned take-back initiatives. UAE and Saudi Arabia dominate the regional activity, supported by circular economy initiatives and technology-led logistics infrastructure. Middle East recommerce is entering a formal phase in electronics and luxury verticals, with regional platforms like Cartlow and The Luxury Closet building end-to-end service infrastructure. Competitive intensity will rise as retail, policy, and logistics integration strengthen in UAE and Saudi Arabia. Platform-backed resale models in electronics and luxury fashion will scale fastest due to high average selling prices and brand involvement. C2C and classifieds will persist but face competition from structured resale platforms offering warranty and logistics. Government policies will shape infrastructure and disclosure obligations, creating competitive pressure for retailers to internalize resale. Featured Companies Include: Cartlow (UAE) NorthLadder (UAE, KSA) eXtra (Saudi Arabia) Sharaf DG (UAE) Noon (UAE) Carrefour (UAE) The Luxury Closet (UAE) Threads (Saudi Arabia) THAT Concept Store (UAE) Tryano (UAE) OpenSooq (Jordan, Iraq, KSA) Haraj (KSA) (GCC-wide) Key Attributes: Report Attribute Details No. of Pages 415 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $7.21 Billion Forecasted Market Value (USD) by 2029 $11.87 Billion Compound Annual Growth Rate 13.2% Regions Covered Middle East Report ScopeThis regional report offers a comprehensive, data-centric analysis of the recommerce market, supported by 180+ tables and 200+ charts. The databook provides detailed forecasts and key performance indicators across transaction value, volume, and market share trends from 2020 to 2029. Below is a summary of the key market segments covered:Recommerce Market Size and Growth Dynamics Gross Merchandise Value (GMV) Trend Analysis Average Transaction Value Trend Analysis Transaction Volume Trend Analysis Recommerce Market Size and Forecast by Sector Retail Shopping Home Improvement Other Sectors Recommerce Market Size and Forecast by Retail Category Apparel & Accessories Consumer Electronics Home Appliances Home Decor & Essentials Books, Toys & Hobbies Automotive Parts & Accessories Sports & Fitness Equipment Other Product Categories Recommerce by Channel Consumer-to-Consumer (C2C) Business-to-Consumer (B2C) Retailer Trade-In & Buyback Programs Recommerce by Sales Model Resale Rental Refurbishment & Certified Pre-Owned Recommerce by Digital Engagement Channel Website-Based Resale App-Based Resale Social Media Driven Resale Recommerce by Platform Type Generalist Marketplaces Vertical-Specific Platforms Recommerce by Device and OS Mobile vs Desktop Android, iOS Recommerce by City Tier Tier 1 Cities Tier 2 Cities Tier 3 Cities Recommerce by Payment Instrument Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallets Other Digital Payments Cash Recommerce Market Share Analysis Market Share by Key Players Competitive Landscape Overview Recommerce by Consumer Demographics Market Share by Age Group Market Share by Income Level Market Share by Gender For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Middle Eastern Recommerce Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
24-06-2025
- Business
- Yahoo
Fashion Recommerce Is Gaining Early Traction via Niche Resale Apps and Department Store Experiments
The Middle East recommerce market is poised for significant growth, with a CAGR of 13.2% through 2029. This regional report offers insights into market dynamics, key trends, and opportunities across channels such as C2C, B2C, and trade-in programs, alongside detailed consumer and platform analysis. Key players like Cartlow and The Luxury Closet lead advancements in electronics and luxury fashion resale. Government initiatives are fostering sustainability and circular economy models, cementing recommerce's future in the region. Middle Eastern Recommerce Market Dublin, June 24, 2025 (GLOBE NEWSWIRE) -- The "Middle East Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report has been added to Middle East recommerce market is poised for significant growth, with projections indicating a 15.8% increase annually to reach $7.21 billion by 2025. The market experienced a robust CAGR of 19.5% from 2020 to 2024, which is expected to continue into the future, projecting a CAGR of 13.2% from 2025 to 2029. By 2029, the market could expand to approximately $11.87 billion from a 2024 value of $6.23 billion. This regional report provides a detailed data-centric analysis of the recommerce market Middle East, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the regional and country level, this report provides a comprehensive understanding of recommerce market offers a comprehensive analysis of market dynamics in the recommerce market, segmented by recommerce channels (C2C, B2C, trade-in programs), sales models (resale, rental, refurbishment), platform types (generalist and vertical-specific), digital engagement (app, website, social media), and retail categories (electronics, apparel, home goods, and more). In addition, it provides a snapshot of consumer behaviour, device usage, payment preferences, and city-level penetration across Tier 1 to Tier 3 in the Middle East Is Emerging Through Circular Retail, Platform Consolidation, and Tech-Driven Reverse LogisticsRecommerce in the Middle East is still emerging but gaining traction in urban centers, led by UAE and Saudi Arabia. The region's ecosystem is moving from fragmented resale toward platform-led, circular retail experiences especially in electronics, fashion, and home appliances. Local players, government circular economy agendas, and digital payment ecosystems are acting as key Middle East is witnessing early-stage formalization of recommerce in electronics and luxury fashion. While informal resale dominates in second-tier categories, structured models supported by tech platforms, retailers, and government incentives are driving the next phase of regional recommerce Recommerce Is Scaling Through Retail-Led and Platform-Based Buyback Models In UAE and Saudi Arabia, electronics recommerce is structured around platform-led trade-ins and certified refurbishment. Cartlow (UAE) and NorthLadder (UAE, KSA) enable structured resale of smartphones, tablets, and appliances through B2B and B2C channels. High device turnover, demand for warranty-backed refurbished electronics, and retailer partnerships have accelerated platform penetration. Cartlow has partnered with brands like Sharaf DG and Noon to handle trade-in and resale. Expect further expansion of warranty-integrated refurb flows, with platforms embedding recommerce in omnichannel retail. Government e-waste and circular economy goals will further institutionalize trade-in schemes. Fashion Recommerce Is Gaining Early Traction via Niche Resale Apps and Department Store Experiments Emerging fashion recommerce activity is visible through platforms like The Luxury Closet (UAE) and Threads (KSA), focused on luxury resale. Retailers such as THAT Concept Store in Dubai are testing resale and rental formats in-store. Affluent consumers are driving luxury resale, supported by authentication services, concierge pickup, and resale platforms. Sustainability positioning is becoming part of brand narratives in UAE's retail sector. High-end fashion recommerce will grow among luxury malls and platforms. Broader apparel recommerce will take time to scale due to cultural attitudes and limited take-back infrastructure. C2C Recommerce Remains Informal but Social Commerce Is Catalyzing Volume Informal resale through WhatsApp groups, Facebook Marketplace, and Instagram drives volume in mid- and low-tier goods. Platforms like OpenSooq (active in Jordan, Iraq, KSA) serve as classifieds hubs for resale. High social media penetration and trust in local networks are key enablers. Absence of verified platforms in some countries means C2C remains informal and untracked. Social resale will remain dominant in Tier 2 and Tier 3 cities. However, platform-backed verification and integrated logistics will begin to formalize high-value categories. Government Circular Economy Goals Are Structuring the Recommerce Narrative UAE and Saudi Arabia have included e-waste, repair, and reuse targets within broader sustainability and Vision 2030 plans. UAE's Circular Economy Policy (2021-2031) emphasizes reverse supply chains. National policy alignment around sustainability is pushing retailers and platforms to formalize recommerce models. Government funding for waste management tech and electronics recycling has created new incentives. Recommerce will become embedded in ESG and compliance frameworks. Large retailers will launch more visible trade-in schemes as part of sustainability disclosures. Competitive Landscape in the Middle East Is Centered on Platform-Led Electronics Reuse, Luxury Resale, and Government-Driven IntegrationThe competitive landscape in the Middle East is forming around electronics recommerce platforms, luxury resale apps, and retailer-aligned take-back initiatives. UAE and Saudi Arabia dominate the regional activity, supported by circular economy initiatives and technology-led logistics infrastructure. Middle East recommerce is entering a formal phase in electronics and luxury verticals, with regional platforms like Cartlow and The Luxury Closet building end-to-end service infrastructure. Competitive intensity will rise as retail, policy, and logistics integration strengthen in UAE and Saudi Arabia. Platform-backed resale models in electronics and luxury fashion will scale fastest due to high average selling prices and brand involvement. C2C and classifieds will persist but face competition from structured resale platforms offering warranty and logistics. Government policies will shape infrastructure and disclosure obligations, creating competitive pressure for retailers to internalize resale. Featured Companies Include: Cartlow (UAE) NorthLadder (UAE, KSA) eXtra (Saudi Arabia) Sharaf DG (UAE) Noon (UAE) Carrefour (UAE) The Luxury Closet (UAE) Threads (Saudi Arabia) THAT Concept Store (UAE) Tryano (UAE) OpenSooq (Jordan, Iraq, KSA) Haraj (KSA) (GCC-wide) Key Attributes: Report Attribute Details No. of Pages 415 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $7.21 Billion Forecasted Market Value (USD) by 2029 $11.87 Billion Compound Annual Growth Rate 13.2% Regions Covered Middle East Report ScopeThis regional report offers a comprehensive, data-centric analysis of the recommerce market, supported by 180+ tables and 200+ charts. The databook provides detailed forecasts and key performance indicators across transaction value, volume, and market share trends from 2020 to 2029. Below is a summary of the key market segments covered:Recommerce Market Size and Growth Dynamics Gross Merchandise Value (GMV) Trend Analysis Average Transaction Value Trend Analysis Transaction Volume Trend Analysis Recommerce Market Size and Forecast by Sector Retail Shopping Home Improvement Other Sectors Recommerce Market Size and Forecast by Retail Category Apparel & Accessories Consumer Electronics Home Appliances Home Decor & Essentials Books, Toys & Hobbies Automotive Parts & Accessories Sports & Fitness Equipment Other Product Categories Recommerce by Channel Consumer-to-Consumer (C2C) Business-to-Consumer (B2C) Retailer Trade-In & Buyback Programs Recommerce by Sales Model Resale Rental Refurbishment & Certified Pre-Owned Recommerce by Digital Engagement Channel Website-Based Resale App-Based Resale Social Media Driven Resale Recommerce by Platform Type Generalist Marketplaces Vertical-Specific Platforms Recommerce by Device and OS Mobile vs Desktop Android, iOS Recommerce by City Tier Tier 1 Cities Tier 2 Cities Tier 3 Cities Recommerce by Payment Instrument Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallets Other Digital Payments Cash Recommerce Market Share Analysis Market Share by Key Players Competitive Landscape Overview Recommerce by Consumer Demographics Market Share by Age Group Market Share by Income Level Market Share by Gender For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Middle Eastern Recommerce Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
16-06-2025
- Business
- Zawya
Basatne MENA and Likewize launch region's first subscription-based handset program: ‘Upgrade & Protect'
Dubai, United Arab Emirates – In a landmark partnership set to reshape the region's telecom landscape, Basatne MENA, the regional arm of global circular economy leader Basatne, has partnered with Likewize, the global leader in device lifecycle services, to launch 'Upgrade & Protect', the Middle East's first subscription-based smartphone program designed to combine sustainability, flexibility, and seamless user experience. With smartphone users in the GCC replacing devices every 12–18 months and over 50 million active handsets in circulation, 'Upgrade & Protect' transforms traditional instalment plans into a dynamic monthly subscription that empowers consumers to swap, upgrade, or protect their devices anytime. For telcos, the model unlocks new recurring revenue streams while aligning with growing ESG mandates. This innovation arrives at a pivotal time, with UAE and GCC markets moving rapidly toward Net Zero and green digital transformation. The program aligns closely with the UAE's Net Zero by 2050 Strategy and the GSMA's Circular Economy for Mobile Devices initiative, supporting a shift away from linear consumption toward a more regenerative, technology-enabled future. An Integrated Ecosystem Powering Circular Innovation'Upgrade & Protect' is enabled by Basatne's regional infrastructure, combining the power of Cartlow's re-commerce and trade-in platform with Ardroid's AI-powered reverse logistics engine. Together, they provide telcos with a complete circular framework, from seamless device collection and grading to resale, refurbishment, and responsible recycling. Likewize brings its global expertise to ensure scalability and telco readiness. Its risk-free operational model gives mobile operators access to a full turnkey solution with measurable economic returns and environmental impact. The Market Opportunity The GCC is primed for the shift to device-as-a-service models: Smartphone penetration exceeds 90% across GCC markets. Handset replacement cycles average 12–18 months, creating strong upgrade demand. The global device subscription market is projected to exceed USD 25 billion by 2027. By 2026, 5G adoption is expected to cover 73% of GCC mobile subscriptions. The regional smartphone market is forecasted to grow from 60 million units in 2024 to nearly 99 million by 2033. ' Our partnership with Likewize marks a pivotal evolution in device ownership across the Middle East,' said Mahmoud Abusway, Chief Commercial Officer of Basatne MENA. 'By embedding circular economy principles into the telco model, 'Upgrade & Protect' delivers a flexible, sustainable solution that reduces waste, maximises asset value, and transforms the device lifecycle for both consumers and operators.' With this program, Basatne MENA and Likewize are setting a new benchmark for telecom innovation in the region, one that blends sustainability, digitisation, and consumer empowerment. 'Upgrade & Protect' is not just a service; it represents a shift in how the region thinks about technology ownership and circular value creation. About Basatne Basatne is a global leader in circular technology, sustainable trade solutions, and reverse logistics, dedicated to reshaping the future of commerce. Through proprietary platforms, advanced logistics, and strategic partnerships, Basatne extends product lifecycles, reduces environmental impact, and optimizes global supply chains. Operating across six continents, Basatne is committed to delivering smarter, more responsible trade solutions while driving innovation in the circular economy. For more information, visit
Mid East Info
24-04-2025
- Business
- Mid East Info
LG ELECTRONICS PARTNERS WITH CARTLOW TO CHAMPION SUSTAINABLE E-WASTE RECYCLING FOR EARTH DAY - Middle East Business News and Information
In celebration of Earth Day, LG Electronics is proud to announce a new collaboration with Cartlow, the region's leading reverse logistics and re-commerce platform, reinforcing its commitment to sustainability through innovation. This partnership underscores LG's dedication to reducing e-waste and fostering eco-friendly practices through innovative recycling initiatives. Cartlow specializes in collecting, refurbishing, and reselling returned and used electronics, appliances, and other consumer products. Leveraging Cartlow's advanced recycling technologies and well-developed logistics chains, LG will conduct a project for scrapping outdated and non-functional washing machines, refrigerators and displays. Leveraging Cartlow's advanced recycling infrastructure, all units will be processed through rigorously managed channels that prioritize efficiency, traceability, and environmental integrity. The partnership supports LG's Environmental, Social, and Governance (ESG) framework, which places sustainability at the core of its operations. Through this initiative with Cartlow, LG ensures that all recycled appliances are handled using environmentally sound methods designed to minimize waste and optimize material recovery. The resulting materials will carry financial value, which LG will dedicate to charitable causes—further reinforcing its commitment to social responsibility. Besides its physical environmental effects, this project seeks to enhance awareness of the necessity of effective e-waste management. With electronic equipment and domestic appliances increasingly becoming part of the fabric of daily life, their end-of-life disposal must be managed to avert environmental degradation. This initiative focuses exclusively on LG's internal inventory, demonstrating the company's proactive approach to sustainability. By taking responsibility for its own products, LG is setting a positive example for the industry and reinforcing its commitment to environmental stewardship. As Earth Day serves as a global reminder of the need to protect our planet, LG Electronics is proud to take meaningful action through this collaboration with Cartlow. Together, they aim to drive positive change, reduce e-waste, and support charitable causes, paving the way for a more sustainable tomorrow.
Zawya
22-04-2025
- Business
- Zawya
LG Electronics partners with Cartlow to champion sustainable e-waste recycling for Earth Day
Dubai – In celebration of Earth Day, LG Electronics is proud to announce a new collaboration with Cartlow, the region's leading reverse logistics and re-commerce platform, reinforcing its commitment to sustainability through innovation. This partnership underscores LG's dedication to reducing e-waste and fostering eco-friendly practices through innovative recycling initiatives. Cartlow specializes in collecting, refurbishing, and reselling returned and used electronics, appliances, and other consumer products. Leveraging Cartlow's advanced recycling technologies and well-developed logistics chains, LG will conduct a project for scrapping outdated and non-functional washing machines, refrigerators and displays. Leveraging Cartlow's advanced recycling infrastructure, all units will be processed through rigorously managed channels that prioritize efficiency, traceability, and environmental integrity. The partnership supports LG's Environmental, Social, and Governance (ESG) framework, which places sustainability at the core of its operations. Through this initiative with Cartlow, LG ensures that all recycled appliances are handled using environmentally sound methods designed to minimize waste and optimize material recovery. The resulting materials will carry financial value, which LG will dedicate to charitable causes—further reinforcing its commitment to social responsibility. Besides its physical environmental effects, this project seeks to enhance awareness of the necessity of effective e-waste management. With electronic equipment and domestic appliances increasingly becoming part of the fabric of daily life, their end-of-life disposal must be managed to avert environmental degradation. This initiative focuses exclusively on LG's internal inventory, demonstrating the company's proactive approach to sustainability. By taking responsibility for its own products, LG is setting a positive example for the industry and reinforcing its commitment to environmental stewardship. As Earth Day serves as a global reminder of the need to protect our planet, LG Electronics is proud to take meaningful action through this collaboration with Cartlow. Together, they aim to drive positive change, reduce e-waste, and support charitable causes, paving the way for a more sustainable tomorrow. About LG Electronics, Inc. LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG's four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over KRW 88 trillion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit for the latest news. Media Contacts LG Electronics Gulf FZE Mays Alshawahin Email: LG-One Nora Nassar Email:
