Fashion Recommerce Is Gaining Early Traction via Niche Resale Apps and Department Store Experiments
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 ResearchAndMarkets.com's offering.The 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 dynamics.It 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 cities.Recommerce 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 enablers.The 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 expansion.Electronics 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)
Expatriates.com (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 https://www.researchandmarkets.com/r/fhao0a
About ResearchAndMarkets.comResearchAndMarkets.com 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.
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Middle Eastern Recommerce Market
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com 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
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The digital marketplace allows brands to reach a broader, environmentally aware audience, driving segment dominance. The direct-to-consumer (DTC) brand websites segment is the fastest-growing distribution channel segment in the plastic-free cosmetic packaging market due to their ability to build strong, values-driven connections with eco-conscious consumers. DTC platforms allow brands to showcase their sustainability efforts, including plastic-free packaging, in a transparent and detailed manner. These websites offer complete control over branding, packaging choices, and customer experience, enabling brands to implement zero-waste shipping and refill programs effectively. Additionally, many indie and natural beauty brands prefer the DTC model to directly engage with their target audience, receive feedback, and foster loyalty. The rise of social media and influencer marketing further accelerates this growth Breakthroughs in the Global Plastic-Free Cosmetic Packaging Market: In May 2025, LUXBPACK New York's 2025 edition, hosted at the Javits Center, emerged as a major point for innovations in sustainable packaging as exhibitors reveal environmentally friendly solutions that respect the environment while combining luxury. The two new sustainable packaging options are All-aluminium cosmetic & accessories packaging and Sludge, made up of unique material, manufactured from over 70% pre-consumer recycled reservoir mud sourced in Taiwan. In March 2025, FANCL, Japanese cosmetics companylaunched its newest skincare line, 'toiro,' which comes in reusable packaging. The new Toiro line offers a refillable system in which customers buy a sturdy, shatterproof bottle and cap composed of Eastman Tritan copolyester. 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James Cropper Plc Green Packaging Asia Montebello Packaging Kaufman Container Other Players Plastic-Free Cosmetic Packaging Market Segments By Material Type Paper-Based Kraft Paper Corrugated Board Molded Fiber Glass Amber Glass Frosted Glass Clear Glass Metal Aluminum Tin Steel Wood and Bamboo Bamboo FSC-Certified Wood Biodegradable and Compostable Materials PLA (Polylactic Acid) Bagasse Mushroom Packaging By Product Type Bottles Serum Bottles Lotion Bottles Toner Bottles Jars Cream Jars Balm Jars Tubes Lip Balm Tubes Toothpaste Tubes Sticks Deodorant Sticks Lipstick Tubes Boxes and Cartons Folding Cartons Rigid Boxes Others Droppers Dispensers (non-plastic) Refill Pods By Cosmetic Type Skin Care Moisturizers Serums Cleansers Hair Care Shampoos Conditioners Hair Oils Color Cosmetics Lipsticks Eye Shadows Foundations Fragrances Oral Care Men's Grooming Baby Care By End-User Brand Type Luxury Brands Mass Market Brands Organic/Natural Cosmetic Brands Private Labels Indie Brands By Distribution Channel Offline Specialty Stores Departmental Stores Salons and Spas Online E-commerce Platforms DTC (Direct-to-Consumer) Brand Websites By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Invest in Our Premium Strategic Solution: Become a Valued Research Partner with Us - Schedule a meeting: Request a Custom Case Study Built Around Your Goals: sales@ About Us Towards Packaging is a global consulting and market intelligence firm specializing in strategic research across key packaging segments including sustainable, flexible, smart, biodegradable, and recycled packaging. We empower businesses with actionable insights, trend analysis, and data-driven strategies. Our experienced consultants use advanced research methodologies to help companies of all sizes navigate market shifts, identify growth opportunities, and stay competitive in the global packaging industry. Stay Connected with Towards Packaging: Find us on Social Platforms: LinkedIn | Twitter | Instagram Subscribe to Our Newsletter: Towards Sustainable Packaging Read Our Printed Chronicle: Packaging Web Wire APAC: +91 9356 9282 04 | Europe: +44 778 256 0738 | North America: +1 8044 4193 44 Our Trusted Data Partners: Precedence Research | Statifacts |Towards Automotive | Towards Healthcare | Towards Food and beverages | Towards Chemical and Materials | Towards Consumer Goods | Towards Dental | Towards EV Solutions | Nova One Advisor | Healthcare Web Wire | Packaging Web Wire | Automotive Web WireError 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
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AI Assistant Market worth $21.11 billion by 2030
DELRAY BEACH, Fla. , Aug. 11, 2025 /PRNewswire/ -- According to MarketsandMarkets™, the AI Assistant Market is projected to grow from USD 3.35 billion in 2025 to USD 21.11 billion by 2030, registering an impressive CAGR of 44.5% during the forecast period. Browse 150 market data Tables and 71 Figures spread through 410 Pages and in-depth TOC on "AI Assistant Market" Scope of the Report Market Size Available for Years: 2020–2030 2025 Market Size: USD 3.35 billion 2030 Projected Market Size: USD 21.11 billion CAGR (2025–2030): 44.5% Segments covered: Offering, Functionality, User Type, End User, and Region Region Highlight: North America accounts for the largest market in 2025 Download PDF Brochure @ A major driver fueling the growth of the AI Assistant Market is the rising demand for role-specific assistant bundles that cater to distinct functional domains such as sales, HR, finance, customer support, and software development. Unlike generic assistants, these tailored solutions are embedded within existing enterprise workflows, aligning more closely with user expectations and improving task relevance, which in turn enhances user satisfaction and drives faster adoption. Vendors like Salesforce (Einstein Copilot), Microsoft (Copilot for M365), and Adobe (Firefly integrated into Creative Cloud) are increasingly offering domain-optimized AI assistants as part of bundled suites, enabling organizations to realize higher ROI through contextual automation. Another critical enabler is the growing implementation of transparency and explainability layers within AI assistants. With increasing regulatory focus on AI accountability, such as the EU AI Act and proposed US frameworks, organizations are prioritizing assistants that provide traceable outputs, model reasoning summaries, and audit trails. These features are particularly crucial in regulated industries like healthcare, finance, and legal, where auditability, fairness, and compliance are paramount. The dual push for personalization and transparency is shaping enterprise procurement criteria, with preference shifting toward AI assistants that are both context-aware and explainable, signaling a maturing market dynamic grounded in trust and measurable impact. Request Sample Pages@ Generative AI Transforms Enterprise Content Creation, Driving Surge in AI Writing Assistant Adoption AI-powered writing and editing are projected to dominate the AI Assistant Market by application, capturing the largest market share. This strong growth is driven by the rapid adoption of generative AI technologies across marketing, publishing, education, and enterprise communication functions. Organizations are increasingly integrating AI writing assistants like Grammarly, Jasper, and to automate content generation, proofreading, tone optimization, and localization at scale. These tools not only improve productivity but also ensure brand consistency, particularly for global teams producing high volumes of written material. The surge in content marketing, SEO-driven copy, and personalized customer communication has made AI writing solutions indispensable for both startups and large enterprises. Advancements in large language models (LLMs) have enabled contextual understanding and stylistic versatility, expanding use cases from blog writing and email drafting to contract editing and technical documentation. Platforms such as Notion AI and Microsoft Copilot are embedding these capabilities directly into workplace productivity ecosystems, allowing seamless integration into daily workflows. The demand is further bolstered by multilingual support, real-time suggestions, and adaptive tone features, making AI-powered editing tools accessible and useful across geographies. As generative capabilities evolve, AI writing assistants are set to become foundational tools in knowledge work, reinforcing their position as the most widely adopted application area in the AI assistant landscape. AI Developer Assistants Bridge Talent Gaps and Streamline Coding, Fueling Rapid Enterprise Adoption Developer productivity assistants are expected to register the second-highest CAGR among all AI assistant offerings during the forecast period, driven by accelerating demand for tools that streamline software development workflows and augment engineering efficiency. Solutions like GitHub Copilot, Amazon CodeWhisperer, and Tabnine are already reshaping the way developers write, debug, and review code by offering real-time, context-aware code suggestions, automated documentation, and intelligent error detection. These assistants significantly reduce repetitive tasks, shorten development cycles, and improve code quality, benefits that are particularly valuable in high-velocity DevOps environments. The rise of AI pair programming, combined with the increasing integration of AI features within IDEs like Visual Studio Code and JetBrains, is pushing adoption among both individual developers and large enterprise teams. As organizations face talent shortages in software engineering, AI assistants help bridge productivity gaps by supporting junior developers and accelerating onboarding. The growing maturity of transformer-based models fine-tuned on code repositories has enhanced the accuracy and relevance of AI-generated code suggestions across multiple programming languages. These capabilities are further extended by integration with CI/CD pipelines and collaborative platforms like GitHub and Bitbucket. As enterprises continue to prioritize speed, scalability, and resilience in digital transformation, developer productivity assistants are poised to become core enablers of modern software delivery across industries. Inquire Before Buying@ North America accounts for the largest market in 2025 North America is projected to account for the largest share of the AI assistants market, supported by strong enterprise digitization, advanced cloud infrastructure, and early adoption of generative AI tools across business functions. The proliferation of AI-embedded SaaS platforms, particularly in sectors like technology, finance, healthcare, and professional services, is driving the rapid implementation of AI assistants for task-specific use cases. Organizations are increasingly deploying assistants to streamline internal processes such as real-time content generation, contextual search, and intelligent scheduling, facilitated by integration into widely used platforms like Slack, Notion, and Outlook. The region's workforce is largely composed of knowledge workers who demand high-productivity tools, making AI assistants an attractive augmentation layer. Additionally, favorable investment trends exemplified by the rise of enterprise AI startups and increased funding in workplace AI innovation have enabled faster product development cycles and adoption rates. Regulatory guidance around responsible AI, particularly in the US and Canada, has also provided a structured path for enterprise deployment without compromising on compliance. North America's emphasis on enhancing productivity through secure, enterprise-ready AI capabilities makes it a natural growth engine for the AI assistants market, particularly for embedded solutions that offer real-time context awareness and augment daily professional workflows. Top Key Companies in AI Assistant Market: The major players in the AI assistants market include Microsoft (US), Google (US), Salesforce (US), SAP (Germany), Oracle (US), Adobe (US), Dropbox (US), AWS (US), Cisco (US), and ServiceNow (US). Browse Adjacent Markets: Artificial Intelligence (AI) Market Research Reports & Consulting Related Reports: AI Platform Market - Global Forecast to 2030 AI SDR Market - Global Forecast to 2030 Deepfake AI Market - Global Forecast to 2031 Customer Data Platform Market - Global Forecast to 2030 Conversational AI Market - Global Forecast to 2031 Get access to the latest updates on AI Assistant Companies and AI Assistant Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. 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FCA to streamline sustainability reporting for asset managers
The UK's Financial Conduct Authority (FCA) is set to revise sustainability reporting guidelines for asset managers, life insurers, and regulated pension providers. The regulator has shared insights from a recent evaluation of climate reporting practices and is looking to streamline the process in line with industry feedback. In 2021, the FCA established climate disclosure rules aligned with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations. With the TCFD's mandate now complete and its guidelines integrated into the International Sustainability Standards Board (ISSB) Standards, the FCA has assessed how these rules are functioning. The assessment involved examining a selection of TCFD reports and engaging with various stakeholders, including trade associations and firms governed by the TCFD regulations. Findings indicate that the rules have prompted firms to factor climate risks into their strategic considerations and enhance transparency with clients regarding asset management and risk. However, firms have encountered obstacles, such as data availability and the complexity of methodologies. The current granularity of the reporting regime has been cited as excessive, particularly in light of the wider sustainability disclosure responsibilities firms face. In response to these challenges, the FCA has updated its sustainability reporting requirements webpage, offering guidance on efficient reporting under both TCFD and SDR rules. The regulator's intent is to refine disclosure requirements, reducing the strain on firms while ensuring the quality and utility of the information provided to clients and consumers. The FCA's review of sustainability reporting is part of an overarching strategy to refine the regulatory framework for asset managers. The regulator plans to consider the entirety of sustainability reporting, including SDR, the UK endorsement of ISSB standards, and developments concerning transition plans. "FCA to streamline sustainability reporting for asset managers " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
