The Global Apparel Resale Market size reached USD 82.30 Bn in 2022 and is expected to reach USD 221.60 Bn by 2029, growing at a CAGR of 15.2 % during the forecast period.
Apparel Resale Market Overview
The recently published “Apparel Resale Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in more than 34 countries.
The research analyst has said that the APAC region is a lucrative opportunity for the Apparel Resale market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
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Apparel Resale Market Scope
Apparel Resale Market report gives an in-depth understanding and knowledge of trends, dynamics, and other issues. The study pinpoints the most significant developments that will have an impact on the industry. It assists in identifying the information included in the study, as well as assessing the competitive landscape of important firms, market dynamics, and other things that can help you determine whether your current marketing plans are on track and how to improve them.
The qualitative and quantitative data in the Apparel Resale market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Segmentation :
Based on the Product Type, the jeans and pants segment held the largest revenue share of 10.2 % in 2022 and is expected to grow during the forecast period. The jeans and pants segment offers a diverse range of styles, including different cuts, fits, colors, and washes. From classic straight-leg jeans to trendy skinny jeans or wide-leg pants, buyers have a wide selection to choose from. This variety caters to different fashion preferences and body types.
Based on the Target Population, the women segment is expected to grow during the forecast period. Women are often more fashion-conscious and have a higher demand for a diverse range of clothing options compared to men. They tend to follow fashion trends closely and frequently update their wardrobes. Women’s fashion is often heavily influenced by social media platforms and fashion bloggers. Many female influencers promote sustainable fashion and encourage their followers to explore the Apparel Resale Market. This allows for greater market penetration and growth potential.
by Product Type
• Dresses & Tops
• Shirts & T-shirts
• Sweaters, Coats & Jackets
• Jeans & Pants
• Others
by Sector
• Resale
• Traditional Thrift Stores & Donations
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Key Players :
• Thredup Inc.
• The RealReal
• Poshmark
• Vinted
• Micolet
• Percentil.ma
• Thrift+
• Chikatex
• HunTex Recycling Kft
• EBay Inc.
• British Used Clothing Company
• A&E Used Clothing Wholesale
• Mobacotex
• Tradesy
• StockX
• Others (on request)
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Regional Analysis
Regional Insights in the report on the Apparel Resale industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Apparel Resale Market Report are:
- What is Apparel Resale Market?
- What is the forecast period of the Apparel Resale Market?
- What is the competitive scenario of the Apparel Resale market?
- Which region held the largest market share in the Apparel Resale Market?
- What are the opportunities for the Market?
- What factors are affecting the market growth?
- Who are the key players of the market?
- Which company held the largest share in the market?
- What will be the CAGR of the market during the forecast period?
- What key trends are likely to emerge in the market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Apparel Resale Market
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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