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Re-Commerce Retailing Market Worth Observing Growth: Poshmark, OnLine eXchange (Naspers), Rent the Runway, Quikr
Re-Commerce Retailing Market
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Summary
Re-Commerce Retailing Market Scope
Re-Commerce retailing is the reverse commerce where previously owned goods are sold bought, this model is followed in various brand stores as a part of the reuse or recycling program at online or offline retail stores. Consumer's non-durable products, accessories, jewelry items, fashion items, etc are sold and bought in re-commerce retailing.
The market study is being classified by Type (Informal Market, Trade-In & Recommerce Services and Buy Back & Trade-In Offers) and major geographies with country level break-up.
Poshmark (United States), OnLine eXchange (Naspers) (Netherlands), Rent the Runway (United States), Quikr (India), BuyMyTronics.com (GameStop) (United States), Cell For Cash (United States), A.P.C (Atelier de Production et de Création) (France), Yatego (Germany), reBuy reCommerce GmbH (Germany), Forall Phones (Portugal), Nordstrom, Inc. (United States) and Sellpy (Sweden) are some of the key players profiled in the study.
Segmentation Overview
HTF MI has segmented the market of Global Re-Commerce Retailing market by Type, Application and Region.
On the basis of geography, the market of Re-Commerce Retailing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 30th January 2020, Nordstrom launched its latest creative projects initiative, See You Tomorrow, a new re-commerce experience. Powered by Yerdle, See You Tomorrow offers customers both an online resale site and an in-store shopping experience in the NYC Flagship store.
Market Trend
Growing Popularity of the Digital Second-hand Market in Re-Commerce Retailing
Market Drivers
Increasing Awareness About the Reuse and Recycling of Goods to Reduce the Generation of Harmful Environment Waste
Demand for the Low Prices Reusable Products
Opportunities
Introduction of Various Recommerce Retailing Program by the Brands Around the World
Rising Spendings on Reusin and Reselling the Products like Fashion, Electronic Goods, etc
Restraints
Less Awareness about the Re-Commerce Retailing
Challenges
Risk of Acquiring Low-Quality Goods Thorugh Oline Retail Platforms
Key Target Audience
Re-Commerce Retailing Shops, Re-Commerce Retailing Industry Association, Research and Development Institutes, Potential Investors, Potential Investors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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