{"id":21392,"date":"2024-06-13T00:48:12","date_gmt":"2024-06-13T00:48:12","guid":{"rendered":"https:\/\/shoestechnologies.exum.eu\/?p=21392"},"modified":"2024-06-13T08:34:59","modified_gmt":"2024-06-13T08:34:59","slug":"second-hand-footwear","status":"publish","type":"post","link":"https:\/\/shoestechnologies.exum.eu\/?p=21392","title":{"rendered":"Second Hand Footwear, is there any good news?"},"content":{"rendered":"\n

The second-hand footwear market is experiencing a remarkable growth trajectory, setting the stage for substantial expansion<\/strong> in the foreseeable future. With a valuation of US$ 12.8 billion in 2021, industry forecasts project a significant surge to reach US$ 43.1 billion by 2032, reflecting a robust Compound Annual Growth Rate (CAGR) of 12.5%.<\/p>\n\n\n\n

These data, taken from a report by Persistence Market Research<\/a><\/strong>, speak of a growing market for which it is not easy to identify the driving factors as they are multiple and varied, certainly intertwined with each other even in a different way depending on the geographical areas in which you are located.<\/p>\n\n\n\n

Europe <\/strong>and Africa <\/strong>seem to be the main players in this market, both for financial, income and economic crisis issues, and for the greater attention to sustainability issues. Not to be overlooked is the appeal that in certain markets exerts the possibility of obtaining shoes from griffes at more affordable prices.<\/p>\n\n\n\n

Other data reported by a research conducted by Statista clarify the growth dimension of the commercial phenomenon of the sale of second hand shoes<\/strong>. The global second-hand shoe market is on an upward trajectory, with projections indicating a substantial value of $218 billion by 2026<\/strong>, surging from $119 billion in 2022. This growth is chiefly attributed to the rising inclination of younger consumers towards cost-effective and sustainable clothing alternatives.<\/p>\n\n\n\n

\"second<\/figure>\n\n\n\n

Table of Contents<\/h2>