The sharing economy market - Italy

1.1 Introduction

The sharing economy, or collaborative economy, refers to an economic model based on the sharing of resources, goods or services among individuals through online platforms.

The sharing economy encompasses a wide range of offerings and products, including:

• Car sharing: sharing of cars between individuals or through rental services such as car-sharing.
• Home sharing: sharing of homes or rooms through temporary rental platforms such as Airbnb.
• Bike sharing: sharing of bicycles through rental systems or bike-sharing.
• Peer-to-peer lending: loans between individuals through online platforms.
• Coworking: sharing of work space between professionals and businesses.
• Food sharing: sharing of excess food through apps or local groups.
• Pet sharing: sharing of pets between owners or pet-sitting services.

The Sharing Economy emerged as an alternative model to consumerism during the 2008 global economic crisis, offering a sustainable approach based on sharing and reuse. Thanks to instant access to the Internet and apps, a number of businesses have sprung up that promote the circular economy and encourage people to provide their time, skills, and assets to create collaborative ties and relationships. Today, the Sharing Economy is no longer limited to being mere digital platforms, but is developing as true ecosystems that integrate territory and technology. Collaboration between citizens, organizations, associations and companies becomes increasingly important in a smart development perspective. [Thestorysquare]

The global Sharing Economy market size was estimated at $149,939.7 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 32.01% over the forecast period, reaching $793,680.0 million by 2028. [Yahoofinance]

This study will discuss the economic and structural characteristics of the Italian sharing economy market in general; for a more detailed analysis of any of its various sectors, please refer to the specific studies available in the Businesscoot catalog.