Market Overview:
The global secondhand sneakers market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing awareness about environmental protection and rising demand for used sneakers from male and female consumers. Based on type, the global secondhand sneakers market is segmented into basketball shoes, soccer shoes, running shoes, and other types of sneakers. Among these segments, the running shoes segment is expected to register highest CAGR during the forecast period. This can be attributed to increasing popularity of running as a form of exercise among people across the globe. Based on application, male consumers accounted for majority share in 2017 and is projected to maintain its dominance throughout the forecast period.
Product Definition:
Secondhand sneakers are pre-owned sneakers that have been previously owned by someone else. They may be lightly used or in nearly new condition, and can often be found at a lower price than brand new sneakers. Secondhand sneakers can be important for people who cannot afford to buy brand new shoes, as they provide an affordable option for obtaining quality footwear. Additionally, wearing secondhand shoes can help reduce environmental waste, as it keeps otherwise unused items out of landfills.
Basketball Shoes:
Basketball shoes are used by the players who are tall and have a large foot. The shoe is designed to provide extra cushioning and support to the feet, which makes it suitable for playing basketball. The growing popularity of basketball as a sport in schools and colleges is expected to be one of the key factors driving market growth over the forecast period.
The rising number of sports activities being organized in countries such as India, China, Brazil, etc.
Soccer Shoes:
Soccer shoes are footwear designed primarily for association football. They are specifically designed to aid the player in gaining better control of the ball by providing enhanced ankle support and stability while playing on any surface such as grass, sand or rock. The design is typically a combination of leather and synthetic material with two cleats attached to it which helps the players to have better traction while running with the ball.
The global soccer shoe market was valued at USD 6,69 billion in 2018.
Application Insights:
The male consumers segment held the largest share of more than 60.0% in 2017. The application of secondhand shoes is increasing among male adults as they are more interested in sports and active lifestyle, which can be attributed to the larger share held by this segment. In addition, males spend a higher amount on footwear compared to females due to financial constraints placed on them by their spouses after marriage or girlfriend. This has led to an increase in demand for used shoes among males across the globe.
The female consumers application segment is expected register a significant growth rate over the forecast period owing to rising awareness regarding health issues such as foot pain, arch problems and injuries caused due to improper fitting of new shoes resulting into adoption of used shoe buying habits globally by females irrespective of age groups from young adult age group (20s & 30s) up until old aged people (70s).
Regional Analysis:
Asia Pacific dominated the global secondhand sneakers market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing disposable income, growing population, and rising popularity of sports activities. In addition, increasing number of retail stores and rapid urbanization are anticipated to drive demand for footwear in this region.
North America is projected to be one of the fastest-growing regions during the same period owing to high consumer awareness regarding health & fitness along with rising obesity levels in countries such as U.S., Canada & Mexico are driving consumers towards a healthy lifestyle which includes regular exercise and participation in sports activities such as basketball, soccer, cycling etc.; hence resulting into increased sales of secondhand shoes within this region over the forecast period.
Growth Factors:
- Increasing awareness about the benefits of secondhand sneakers: There is a growing awareness among people about the benefits of using secondhand sneakers. This is because they are cheaper and help in conserving natural resources.
- Availability of a wide variety of secondhand sneakers: The availability of a wide variety of secondhand sneakers in online and offline stores has made it easier for people to find the right pair according to their needs and preferences.
- Growing popularity of sustainable fashion: The growing popularity of sustainable fashion has led to an increase in demand for secondhand sneakers, as they are more environmentally friendly than new ones.
- Rise in number of sneaker collectors: There is a rise in the number of sneaker collectors who are interested in buying rare or vintage pairs of sneakers, which has helped boost the market forsecond hand sneakers . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Secondhand Sneakers Market Research Report
By Type
Basketball Shoes, Soccer Shoes, Running Shoes, Other
By Application
Male Consumers, Female Consumers
By Companies
StockX, GOAT, Dewu(Hupu), nice APP, Sneaker Index, UFO（YOHO）, Poshmark, OfferUp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Secondhand Sneakers Market Report Segments:
The global Secondhand Sneakers market is segmented on the basis of:
Types
Basketball Shoes, Soccer Shoes, Running Shoes, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Male Consumers, Female Consumers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- StockX
- GOAT
- Dewu(Hupu)
- nice APP
- Sneaker Index
- UFO（YOHO）
- Poshmark
- OfferUp
Highlights of The Secondhand Sneakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Basketball Shoes
- Soccer Shoes
- Running Shoes
- Other
- By Application:
- Male Consumers
- Female Consumers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Secondhand Sneakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Secondhand sneakers are sneakers that have been worn by someone else. They may have some signs of wear, but they are still in good condition.
Some of the major companies in the secondhand sneakers market are StockX, GOAT, Dewu(Hupu), nice APP, Sneaker Index, UFO（YOHO）, Poshmark, OfferUp.
The secondhand sneakers market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Secondhand Sneakers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Secondhand Sneakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Secondhand Sneakers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Secondhand Sneakers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Secondhand Sneakers Market Size & Forecast, 2018-2028
4.5.1 Secondhand Sneakers Market Size and Y-o-Y Growth
4.5.2 Secondhand Sneakers Market Absolute $ Opportunity
Chapter 5 Global Secondhand Sneakers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Secondhand Sneakers Market Size Forecast by Type
5.2.1 Basketball Shoes
5.2.2 Soccer Shoes
5.2.3 Running Shoes
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Secondhand Sneakers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Secondhand Sneakers Market Size Forecast by Applications
6.2.1 Male Consumers
6.2.2 Female Consumers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Secondhand Sneakers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Secondhand Sneakers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Secondhand Sneakers Analysis and Forecast
9.1 Introduction
9.2 North America Secondhand Sneakers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Secondhand Sneakers Market Size Forecast by Type
9.6.1 Basketball Shoes
9.6.2 Soccer Shoes
9.6.3 Running Shoes
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Secondhand Sneakers Market Size Forecast by Applications
9.10.1 Male Consumers
9.10.2 Female Consumers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Secondhand Sneakers Analysis and Forecast
10.1 Introduction
10.2 Europe Secondhand Sneakers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Secondhand Sneakers Market Size Forecast by Type
10.6.1 Basketball Shoes
10.6.2 Soccer Shoes
10.6.3 Running Shoes
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Secondhand Sneakers Market Size Forecast by Applications
10.10.1 Male Consumers
10.10.2 Female Consumers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Secondhand Sneakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Secondhand Sneakers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Secondhand Sneakers Market Size Forecast by Type
11.6.1 Basketball Shoes
11.6.2 Soccer Shoes
11.6.3 Running Shoes
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Secondhand Sneakers Market Size Forecast by Applications
11.10.1 Male Consumers
11.10.2 Female Consumers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Secondhand Sneakers Analysis and Forecast
12.1 Introduction
12.2 Latin America Secondhand Sneakers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Secondhand Sneakers Market Size Forecast by Type
12.6.1 Basketball Shoes
12.6.2 Soccer Shoes
12.6.3 Running Shoes
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Secondhand Sneakers Market Size Forecast by Applications
12.10.1 Male Consumers
12.10.2 Female Consumers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Secondhand Sneakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Secondhand Sneakers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Secondhand Sneakers Market Size Forecast by Type
13.6.1 Basketball Shoes
13.6.2 Soccer Shoes
13.6.3 Running Shoes
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Secondhand Sneakers Market Size Forecast by Applications
13.10.1 Male Consumers
13.10.2 Female Consumers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Secondhand Sneakers Market: Competitive Dashboard
14.2 Global Secondhand Sneakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 StockX
14.3.2 GOAT
14.3.3 Dewu(Hupu)
14.3.4 nice APP
14.3.5 Sneaker Index
14.3.6 UFO（YOHO）
14.3.7 Poshmark
14.3.8 OfferUp
