Press release
Apparel Resale Market Size, Share, Trends, Growth & Forecast By 2032 || Walmart Inc., Alibaba Group, H&M Hennes & Mauritz Retail Pvt Ltd
Apparel Resale Market
As per the report, the apparel resale market size has grown rapidly in recent years. It will grow from $163.13 billion in 2023 to $181.40 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The apparel resale market size is expected to see rapid growth in the next few years. It will grow to $281.70 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%.
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What Is Driving The Growth Of The Global Apparel Resale Market?
Growth of E-Commerce Platforms Driving The Apparel Resale Market
The growing e-commerce platforms are expected to propel the growth of the apparel resale market going forward. E-commerce platforms are online systems that enable businesses and individuals to buy and sell goods and services over the Internet, providing tools for transaction management, inventory control, and customer engagement. The growth of e-commerce platforms is due to the growing adoption of online shopping, advancements in digital technology, and the expanding reach of Internet access. E-commerce platforms provide a global reach, allowing sellers to access a wider audience beyond their local geographic area. This increased visibility enables resale items to reach buyers needing access to physical resale stores.
What Is The Key Trend In The Global Apparel Resale Market?
Shein Launches Innovative Resale Platform To Drive Growth In The Apparel Resale Market
Major companies operating in the apparel resale market are focused on developing innovative solutions, such as resale platforms, to enhance the user experience and drive market growth. Resale platforms are online or physical marketplaces where individuals and businesses can buy and sell pre-owned goods, including clothing, accessories, and other items.
How Is The Global Apparel Resale Market Segmented?
The apparel resale market covered in this report is segmented -
1) By Type: Dresses And Tops, Shirts And T Shirts, Sweaters, Coats And Jackets, Jeans And Pants, Other Types
2) By Sector: Resale, Traditional Thrift Stores And Donations
3) By Consumer Group: Men, Women, Children
4) By Sales Channel: Wholesalers Or Distributors, Hypermarkets Or Supermarkets, Multi Brand Stores, Independent Small Stores, Departmental Stores, Online Retailers, Other Sales Channels
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How Is The Competitive Landscape Of The Global Apparel Resale Market?
Major companies operating in the apparel resale market are Walmart Inc., Alibaba Group, H&M Hennes & Mauritz Retail Pvt Ltd., eBay Inc., Flipkart Internet Pvt Ltd., SHEIN, ZARA, Mercari, The RealReal, Poshmark, Thredup Inc., Meesho, StockX LLC, Vinted Inc., Remix Global AD, Buffalo Exchange, A&E Clothing, Sellpy, Ajio, Shelter, Vogue, Chikatex, Micolet, Aristobrat, Thrift+, YnFx
Contents Of The Global Apparel Resale Market
1. Executive Summary
2. Apparel Resale Market Report Structure
3. Apparel Resale Market Trends And Strategies
4. Apparel Resale Market - Macro Economic Scenario
5. Apparel Resale Market Size And Growth
…..
27. Apparel Resale Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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