HTF Market Intelligence published a new research document of 150+pages on “Secondhand Apparel Market Insights, to 2028″ with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Secondhand Apparel market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics.
Some of the key players profiled in the study are ThredUp (United States), Poshmark (United States), Depop (United Kingdom), Vinted (Lithuania), Grailed (United States), Vestiaire Collective (France), The RealReal (United States), Mercari (Japan), Tradesy (United States), ASOS Marketplace (United Kingdom), Buffalo Exchange (United States), Crossroads Trading (United States).
According to HTF Market Intelligence, the Global Secondhand Apparel market to witness a CAGR of 14.8% during forecast period of 2023-2028. Global Secondhand Apparel Market Breakdown by Application (Women, Men, Children, Plus Size) by Type (Casual Wear, Formal Wear, Sportswear, Others) by Sales Channel (Online, Offline) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Secondhand Apparel market size is estimated to increase by USD xx Million at a CAGR of 14.8% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD xx Million.
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Definition:
The secondhand apparel market refers to the buying and selling of used or pre-owned clothing and accessories. It involves the resale of garments that have been previously owned, offering consumers an alternative to buying brand new clothing. The market encompasses both offline and online platforms, where individuals and businesses can engage in the trade of secondhand apparel.
Market Drivers:
- Sustainability and environmental awareness
- Cost savings factor
Market Opportunities:
- Expansion into emerging market
- Growth of e-commerce platforms
- Rising adoption of artificial intelligence and machine learning
Market Restraints:
- Lack of standardization
- Competition from fast fashion
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Secondhand Apparel Market: Casual Wear, Formal Wear, Sportswear, Others
Key Applications/end-users of Secondhand Apparel Market: Women, Men, Children, Plus Size
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With this report you will learn:
- Who the leading players are in Secondhand Apparel Market?
- What you should look for in a Secondhand Apparel
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Secondhand Apparel vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: ThredUp (United States), Poshmark (United States), Depop (United Kingdom), Vinted (Lithuania), Grailed (United States), Vestiaire Collective (France), The RealReal (United States), Mercari (Japan), Tradesy (United States), ASOS Marketplace (United Kingdom), Buffalo Exchange (United States), Crossroads Trading (United States)
Who should get most benefit from this report insights?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Secondhand Apparel
- Marketers and agencies doing their due diligence in selecting a Secondhand Apparel for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Secondhand Apparel Market
Secondhand Apparel Size (Sales Volume) Comparison by Type (2023-2028)
Secondhand Apparel Size (Consumption) and Market Share Comparison by Application (2023-2028)
Secondhand Apparel Size (Value) Comparison by Region (2023-2028)
Secondhand Apparel Sales, Revenue and Growth Rate (2023-2028)
Secondhand Apparel Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Secondhand Apparel
Secondhand Apparel Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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