US Recommerce Market Expanding at a CAGR of 14.5% during 2024-2030

The US Recommerce Market research report provides a comprehensive overview of the current industry trends, key industry drivers, and competitive landscape within the sector. It delves into the impact of emerging technologies, business operations and consumer behavior. Additionally, the report analyzes the strategies of top companies in the US Recommerce industry and their positioning for future growth.

It also includes insights into recent market development, challenges faced by the industry, and potential opportunities for innovation and expansion. Overall, the report aims to offer valuable insights for industry stakeholders, investors, and decision-makers seeking to understand and navigate the rapidly evolving technology landscape.

“According to research report, the US Recommerce Market size is expected to grow at a CAGR of 14.5% during the forecast period of 2024 to 2030.”

Get Instant Access to the Report's Sample PDF - Click Here To Download: - https://www.marknteladvisors.com/query/request-sample/us-recommerce-market.html

Key factor Drive the US Recommerce Market from 2024-2030

Increasing Population of Millennials and Gen Z to Promote the US Recommerce Market – The recommerce industry in the US is experiencing a remarkable recovery, with major support from the Millennial and Gen Z populations. These digitally native and sustainability-conscious generations are reshaping the retail landscape by embracing second-hand commerce, thus driving the growth of the recommerce industry in the country. While the recommerce industry has attracted consumers across all age groups, Millennials and Gen Z have emerged as key enthusiasts owing to factors such as sustainability, budget-friendly shopping, unique personal style, tech-savvy engagement, etc. According to the US Census Bureau, millennials and Gen Z accounts for 32.2% of the total US population in 2024, this percentage is expected to grow further in the coming years, thus making the US a key market for refurbished products.

US Recommerce Market Segmentation Analysis:

By Type

Peer-to-Peer Marketplaces- Market Size & Forecast 2019-2030, (USD Million)
Resale Marketplaces- Market Size & Forecast 2019-2030, (USD Million)
Refurbished Goods Marketplaces- Market Size & Forecast 2019-2030, (USD Million)

Resale Marketplaces are the leading and most prominent segment of the US Recommerce Market. Resale Marketplaces typically involve the buying and selling of pre-owned or secondhand items, including clothing, accessories, electronics, etc. Major market players such as Poshmark, ThredUP, and The RealReal have gained significant traction in this segment. The USP of these platforms lies in finding gently used, high-quality products at a fraction of their original price, thus driving their popularity in the US Recommerce Market.

By Product

Electronics - Market Size & Forecast 2019-2030, (USD Million)
- Smartphones & Tablets - Market Size & Forecast 2019-2030, (USD Million)
- Laptops & Computers - Market Size & Forecast 2019-2030, (USD Million)
- Cameras and Photography Equipment - Market Size & Forecast 2019-2030, (USD Million)
- Home Appliances (Refurbished Refrigerators, Washing Machines, etc.)- Market Size & Forecast 2019-2030, (USD Million)
- Others (Networking Equipment, Gaming Consoles and Accessories, etc.) - Market Size & Forecast 2019-2030, (USD Million)
Fashion & Apparel - Market Size & Forecast 2019-2030, (USD Million)
- Clothing - Market Size & Forecast 2019-2030, (USD Million)
- Footwear - Market Size & Forecast 2019-2030, (USD Million)
- Accessories (Jewelry, Watches, Handbags, etc.) - Market Size & Forecast 2019-2030, (USD Million)
Furniture and Home Goods- Market Size & Forecast 2019-2030, (USD Million)
- Sofas and Couches - Market Size & Forecast 2019-2030, (USD Million)
- Tables & Chairs - Market Size & Forecast 2019-2030, (USD Million)
- Home Decor (Rugs, Paintings, Vases, etc.) - Market Size & Forecast 2019-2030, (USD Million)
- Others (Garden Equipment, Bathroom Accessories, etc.) - Market Size & Forecast 2019-2030, (USD Million)
Automotive- Market Size & Forecast 2019-2030, (USD Million)
- Used Vehicles- Market Size & Forecast 2019-2030, (USD Million)
- Vehicle Parts and Accessories- Market Size & Forecast 2019-2030, (USD Million)
Sports and Fitness Equipment- Market Size & Forecast 2019-2030, (USD Million)
Others (Toys, Collectibles, Books, etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Product Category

Non-Luxury- Market Size & Forecast 2019-2030, (USD Million)
Luxury- Market Size & Forecast 2019-2030, (USD Million)

By Age Group

Up to 18 Years- Market Size & Forecast 2019-2030, (USD Million)
19-25 Years- Market Size & Forecast 2019-2030, (USD Million)
26-40 Years- Market Size & Forecast 2019-2030, (USD Million)
41-55 Years- Market Size & Forecast 2019-2030, (USD Million)
Above 56 Years- Market Size & Forecast 2019-2030, (USD Million)

By Region

North
South
East
Mid-West

Unlock the Detailed Analysis - Click to View Full Report. - https://www.marknteladvisors.com/research-library/us-recommerce-market.html

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

US Recommerce Market Competitive Landscape:

Some of the top notch Recommerce companies operating in the US market include RealReal, ThredUP, Poshmark, Gazelle, Tradesy, Decluttr, Swap, Glyde, BuyBackWorld, Threadflip, and others.

Key Questions Answered in the Research Report

What are the US Recommerce industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What key factors would propel and impede the market growth?
How has the industry been evolving in terms of geography & product adoption?
How has the competition been shaping up across various regions?
How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

About us:

We are a prominent consulting, data analytics, and market research firm that offers a broad spectrum of strategic reports across diverse industry verticals. As a dedicated qualitative & quantitative research company, we aim to provide comprehensive data services to a diverse client base, which includes multinational corporations, financial institutions, governments, and individuals, among others.

Having established our presence in the market for many years, we have conducted multi-industry research across 80+ countries, ensuring a reach across regions such as America, Asia-Pacific, Europe, the Middle East & Africa. Notably, we have also successfully operated in countries including the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and various others, catering to diverse regional requirements.

More Trending Reports:

For Media Inquiries, Please Contact:

Phone: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Press Releases