FMI Revises Bicycle Shoe Market Forecast, as COVID-19 Pandemic Continues to Expand Quickly - PowerPoint PPT Presentation

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FMI Revises Bicycle Shoe Market Forecast, as COVID-19 Pandemic Continues to Expand Quickly

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On the back of these factors, the global bicycle shoe market is estimated to be valued at US$ 998.7 Mn in 2019 and expected to expand at 5.5% CAGR during the forecast period of 2019-2029. – PowerPoint PPT presentation

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Title: FMI Revises Bicycle Shoe Market Forecast, as COVID-19 Pandemic Continues to Expand Quickly


1
Secondhand Apparel Market is Expected to Reach
US 67,522.9 Mn by 2027
  • April 2020

Report Id REP-GB-11161 Published On Mar
20,2020 Category Retail and Consumer Products
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage
  • Customized Research
  • Syndicated Research
  • Investment Research
  • Social Media Research

  • Automotive and Transportation
  • Electronics, Semiconductor, and ICT
  • Retail and Consumer Products
  • Industrial Automation and Equipment
  • Chemicals Materials
  • Food and Beverages
  • Services and Utilities
  • Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Secondhand Apparel Market Analysis
  • The secondhand apparel market is projected to
    grow at a tremendous CAGR of 11 during the
    forecast period (2029-2027). A significant
    increase in millennial spending, preference in
    clothing brands, and overall economic growth are
    predominant factors driving the sales of
    secondhand apparel.
  • The young generation's inclination towards
    online reselling platforms to buy
    environmentally-friendly clothing will continue
    to be a major booster to sales, reveals Future
    Market Insights (FMI), in its new study.
  • Secondhand Apparel Market Key Takeaways
  • The Middle East Africa (MEA) will remain the
    key regional market for secondhand apparel.
  • MEA market is upheld by the high import of used
    clothing from the US and Europe, and high
    prevalence of secondhand clothes in Sub-Saharan
    African countries such as Kenya.
  • Dresses and tops will remain the sought-out
    categories, with more than 1/3rd of total sales.
  • Shirts and T-shirts would outpace other types of
    apparel in terms of growth in the near future.

5
Secondhand Apparel Market Analysis
  • Secondhand Apparel Market Key Driving Factors
  • Increasing spending power of millennials is
    enabling them to explore trendy, low cost, and
    classy-style used clothes.
  • Growing affordability and availability of used
    clothes are giving a significant thrust to sales
    of secondhand apparel.
  • Rise in working womens population, demand for
    formal dresses among women are expected to
    further drive the market.
  • Increasing consumer awareness of online resale
    platforms and rapidly growing online start-ups
    for selling pre-owned branded clothes is giving
    significant traction to sales.
  • Secondhand Apparel Market Key Constraint
  • The narrowing gap between the brand-new and
    secondhand apparel is expected to hold a
    considerable impact on the rapid growth of the
    market.

6
Secondhand Apparel Market Analysis
Competition Landscape Some of the leading
players in the secondhand apparel market are
Thredup Inc., The RealReal, Poshmark, Vinted,
Micolet, Percentil.ma, Thrift, Chikatex, HunTex
Recycling Kft, British Used Clothing Company,
eBay Inc., AE Used Clothing Wholesale,
Mobacotex, Tradesy, StockX, among others. The
market players are investing in promotional
activities, expansion of sales outlets, and are
entering into strategic partnerships with
prominent retailers to cater to growing demand
from consumers. Request for covid19 Impact
Analysis https//www.futuremarketinsights.com/cov
id19/REP-GB-11161 Press Release Source
https//www.globenewswire.com/news-release/2020/04
/01/2010009/0/en/Secondhand-Apparel-Set-for-Strong
-Hike-in-Sales-Through-2027-MEA-Is-Developing-a-Hi
ghly-Lucrative-Market-for-Investors-Forecasts-a-Ne
w-FMI-Study.html
7
Secondhand Apparel Market Analysis
  • Explore Extensive Coverage of FMIs Retail
    Consumer Products Landscape
  • BB Cream Market 
  • Air Mattress Market 
  • Smart Shoe Market
  • About Future Market Insights (FMI)
  • Future Market Insights (FMI) is a leading
    provider of market intelligence and consulting
    services, serving clients in over 150 countries.
    FMI is headquartered in London, the global
    financial capital, and has delivery centers in
    the U.S. and India. FMIs largest market research
    reports and industry analysis help businesses
    navigate challenges and take critical decisions
    with confidence and clarity amidst breakneck
    competition.

8
Secondhand Apparel Market Analysis
Contact Mr. Abhishek Budholiya Unit No AU-01-H
Gold Tower (AU), Plot No JLT-PH1-I3A, Jumeirah
Lakes Towers, Dubai, United Arab Emirates MARKET
ACCESS DMCC Initiative For Sales
Enquiries sales_at_futuremarketinsights.com For
Media Enquiries press_at_futuremarketinsights.com Fu
ture Market Insights
9
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contactHari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor,207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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