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Why Furniture as a Service Works Today
People no longer want to own things – including furniture. Furniture as a Service offers an alternative.
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People no longer want to own things – including furniture. Furniture as a Service offers an alternative.
Product as a Service (PaaS) can provide users a flexible and convenient way to use products and provide producers and
For a long time, profit maximization has remained the ethos of the automotive industry. The factory mindset of ‘the more
The PaaS industry and the circular economy are being driven by millennials. They have been restructuring and disrupting long established industries to mold them into their unique lifestyle.
The shift from a linear to a circular economy is not a just a passing trend but a necessity. For many decades, we have been living a linear lifestyle, wherein raw materials are used to create a product, and after its use, waste such as broken appliances or packaging are disposed of. Most of our waste end up in landfills or in the ocean, causing pollution and irreparable damage to the planet and to ourselves.
Companies like Tesla offer solar power as a service via a subscription scheme. Renting without long-term contracts make environment-friendly energy more accessible to average homeowners.