Overview of the US Recommerce Market:

Gain data-driven insights into the US Recommerce Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.

Executive Summary

The US Recommerce Market is estimated to grow at a CAGR of around 14.5% during the forecast period, i.e., 2024-30.

The US Recommerce Market Driver:

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.

Additionally, recommerce companies are embracing cutting-edge technology to create user-friendly and visually appealing platforms for the younger population. Mobile apps have become a primary focus, providing seamless and on-the-go shopping experiences tailored to the preferences of digital natives. Thus proliferating the growth of the recommerce industry in the US.

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US Recommerce Market Segmentation

Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.

-By Type

• Peer-to-Peer Marketplaces
• Resale Marketplaces
• Refurbished Goods Marketplaces

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.

-By Product Category

• Non-Luxury
• Luxury

The luxury segment holds a significant share in the US Recommerce Market. The growth of this product category in recommerce is redefining the way consumers perceive high-end fashion, accessories, and coveted items.

-By Product

• Electronics - Market Size & Forecast 2019-2030, (USD Million)
• Fashion & Apparel - Market Size & Forecast 2019-2030, (USD Million)
• Furniture and Home Goods- Market Size & Forecast 2019-2030, (USD Million)
• Automotive- 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 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

Geographical Analysis

-By Region

• North
• South
• East
• Mid-West

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Competitive Market Strategies: List of Largest US Recommerce Companies

Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.

• The RealReal
• ThredUP
• Poshmark
• Gazelle
• Tradesy
• Decluttr
• Swap
• Glyde
• BuyBackWorld
• Threadflip
• Others

Future Market Analytics Focus Points

Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:

1. Identify Emerging Market Trends: Recognize new trends shaping industries.
2. Leverage Big Data Analytics: Use data for informed decision-making strategies.
3. Explore Geographic Expansion: Target growth opportunities in new areas.
4. Analyze Consumer Behavior: Adapt to shifting preferences and habits.
5. Emphasize Sustainability: Align strategies with ethical and sustainable practices.

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Objectives of the Study

Clearly state what the report aims to achieve. For example:

• Provide a comprehensive market overview with quantitative forecasts.
• Identify key market segments and competitive dynamics.
• Analyze trends and drivers influencing growth.
• Highlight challenges and risks, plus mitigation strategies.
• Offer actionable insights and recommendations for decision-makers.

Report Delivery Model

 “Our market research report is available in multiple formats for convenience:

• Interactive PDF with rich charts and data tables.
• PowerPoint summary deck for easy presentation and sharing.
• Excel containing all research figure.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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