It’s become increasingly apparent that the disposable culture we have witnessed in developed economies in recent decades is no longer sustainable. Reuse is very much on the up as consumers – and therefore the businesses that serve them – become more conscious of their environmental footprints and more savvy about money-saving.
The UAE is at the forefront of this movement. With a fairly transient expat population, residents are always looking for more affordable ways to buy their cars, clothes and more. And through the government strategy, ‘A Green Economy for Sustainable Development’, the region is set to become a global hub for green technology development.
So what does reuse mean in today’s world? Firstly, forget about flea-markets; nowadays, the reused goods market is as high-tech as any other burgeoning sector of the economy.
Here are just three of the many exciting areas of opportunity for startups in the UAE green tech industry:
It’s not just about luxury fashion and cars, of course. Whether it’s fashion, cars, appliances, furniture or something else entirely, when it comes to reuse there are clear opportunities for tech startups looking to break into the green economy. And all such startups will rely on some or all of the techs mentioned above to remain competitive as more and more companies enter the market.
The future is most definitely not disposable. Those who invest in the reuse revolution will play a part in building a greener world for us all. And the opportunities for growth are limitless.
And that wraps up our first in our four-part series. In part 2, we’ll be looking at tech startup opportunities in the green energy space. To stay up to date on all our content, do check out our blog at www.dtec.ae/blog.