Refurbished Sneaker Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently conducted an in-depth analysis of the Refurbished Sneaker Market, offering a comprehensive overview of the key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the refurbished sneaker market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global refurbished sneaker market is forecast to expand at a CAGR of 9.4% and thereby increase from a value of 0.234 Bn in 2023 to 0.43 Bn by the end of 2030.

Key Insights:

Refurbished Sneaker Market Size (2023): USD 0.234 Billion
Projected Market Value (2030): USD 0.43 Billion
Global Market Growth Rate (CAGR 2023 to 2030): 9.4%
Historical Market Growth Rate (CAGR 2018 to 2022): 8.6%

Refurbished Sneaker Market - Report Scope:

The refurbished sneaker market addresses the growing demand for sustainable and affordable footwear options. Refurbished sneakers undergo meticulous restoration processes, ensuring that they meet quality standards comparable to new products. This market segment caters to environmentally conscious consumers seeking fashionable and sustainable alternatives. The report explores the factors influencing the refurbished sneaker market, including consumer preferences, sustainability trends, and the impact of e-commerce on market dynamics.

Market Growth Drivers:

Several factors are driving the growth of the refurbished sneaker market. Firstly, the increasing awareness of environmental sustainability among consumers has led to a growing demand for eco-friendly products, including refurbished sneakers. By purchasing pre-owned footwear, consumers can contribute to reducing waste and promoting circular economy principles. Secondly, the popularity of vintage and retro styles in fashion has fueled interest in refurbished sneakers, which often feature unique designs and limited-edition releases. Additionally, the rise of online resale platforms and social media influencers has facilitated the growth of the refurbished sneaker market by providing a platform for buyers and sellers to connect and transact.

Market Restraints:

Despite its growth prospects, the refurbished sneaker market faces certain challenges that may hinder its expansion. One such challenge is the presence of counterfeit and replica products, which can undermine consumer confidence and trust in the authenticity of refurbished sneakers. Ensuring product authenticity and quality control is essential for refurbishment companies and retailers to maintain credibility and reputation in the market. Moreover, regulatory considerations related to product labeling, warranties, and consumer protection laws may vary across different regions, posing compliance challenges for businesses operating in the refurbished sneaker market.

Market Opportunities:

The refurbished sneaker market presents several opportunities for innovation and differentiation. Companies can leverage technology to enhance the refurbishment process, such as automated cleaning systems, eco-friendly materials, and customization options for customers. Collaborations with established footwear brands and designers can also create unique product offerings and attract a wider audience of sneaker enthusiasts. Furthermore, expanding into emerging markets and tapping into niche segments, such as collectible sneakers or limited-edition releases, can drive growth and diversification within the refurbished sneaker market.

Key Questions Answered in the Report:

What factors are driving the growth of the refurbished sneaker market?
How are consumer perceptions impacting the adoption of refurbished sneakers?
What role does e-commerce play in the distribution of refurbished sneakers?
Which regions are expected to dominate the refurbished sneaker market in the future?
What strategies are key players employing to overcome challenges and capitalize on market opportunities?

Competitive Landscape and Business Strategies:

Major players in the global refurbished sneaker market, such as Nike Refurbished, Reebok Re-Certified, and Adidas Reworked, focus on quality refurbishment processes and strategic partnerships to maintain a competitive edge. These companies invest in technology and innovation to enhance the refurbishment of sneakers, ensuring that the final products meet or exceed consumer expectations. Strategic collaborations with sustainable fashion influencers and online platforms contribute to brand visibility and market penetration.

Key Companies Profiled:

Nike Refurbished
Reebok Re-Certified
Adidas Reworked
Puma Renew
Converse Reclaimed
New Balance Restored
Vans Reborn
ASICS Revived
Fila Refreshed
Skechers Revived

Refurbished Sneaker Market Research Segmentation:

By Consumer Orientation:

Men
Women
Kids

By Price Range:

Mass Refurbished Sneaker
Premium Refurbished Sneaker

By Sales Channel:

Online
Offline

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33847

1. Executive Summary

1.1. Global Refurbished Sneaker Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Consumer Orientation Lifecycle Analysis
2.4. Refurbished Sneaker Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Refurbished Sneaker Market Outlook: Consumer Orientation
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Consumer Orientation, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
  - 3.3.3.1. Men
  - 3.3.3.2. Women
  - 3.3.3.3. Kids
3.4. Market Attractiveness Analysis: Consumer Orientation
3.5. Global Refurbished Sneaker Market Outlook: Price Range
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Price Range, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
  - 3.5.3.1. Mass Refurbished Sneaker
  - 3.5.3.2. Premium Refurbished Sneaker
3.6. Market Attractiveness Analysis: Price Range
3.7. Global Refurbished Sneaker Market Outlook: Sales Channel
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Sales Channel, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
  - 3.7.3.1. Online
  - 3.7.3.2. Offline
3.8. Market Attractiveness Analysis: Sales Channel

4. Global Refurbished Sneaker Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Consumer Orientation
- 5.3.3. By Price Range
- 5.3.4. By Sales Channel
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
- 5.5.1. Men
- 5.5.2. Women
- 5.5.3. Kids
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
- 5.6.1. Mass Refurbished Sneaker
- 5.6.2. Premium Refurbished Sneaker
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 5.7.1. Online
- 5.7.2. Offline
5.8. Market Attractiveness Analysis

6. Europe Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Consumer Orientation
- 6.3.3. By Price Range
- 6.3.4. By Sales Channel
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
- 6.5.1. Men
- 6.5.2. Women
- 6.5.3. Kids
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
- 6.6.1. Mass Refurbished Sneaker
- 6.6.2. Premium Refurbished Sneaker
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 6.7.1. Online
- 6.7.2. Offline
6.8. Market Attractiveness Analysis

7. East Asia Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Consumer Orientation
- 7.3.3. By Price Range
- 7.3.4. By Sales Channel
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
- 7.5.1. Men
- 7.5.2. Women
- 7.5.3. Kids
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
- 7.6.1. Mass Refurbished Sneaker
- 7.6.2. Premium Refurbished Sneaker
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 7.7.1. Online
- 7.7.2. Offline
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Consumer Orientation
- 8.3.3. By Price Range
- 8.3.4. By Sales Channel
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
- 8.5.1. Men
- 8.5.2. Women
- 8.5.3. Kids
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
- 8.6.1. Mass Refurbished Sneaker
- 8.6.2. Premium Refurbished Sneaker
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 8.7.1. Online
- 8.7.2. Offline
8.8. Market Attractiveness Analysis

9. Latin America Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Consumer Orientation
- 9.3.3. By Price Range
- 9.3.4. By Sales Channel
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
- 9.5.1. Men
- 9.5.2. Women
- 9.5.3. Kids
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
- 9.6.1. Mass Refurbished Sneaker
- 9.6.2. Premium Refurbished Sneaker
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 9.7.1. Online
- 9.7.2. Offline
9.8. Market Attractiveness Analysis

10. Middle East & Africa Refurbished Sneaker Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Consumer Orientation
- 10.3.3. By Price Range
- 10.3.4. By Sales Channel
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Consumer Orientation, 2023 - 2030
- 10.5.1. Men
- 10.5.2. Women
- 10.5.3. Kids
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Price Range, 2023 - 2030
- 10.6.1. Mass Refurbished Sneaker
- 10.6.2. Premium Refurbished Sneaker
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 10.7.1. Online
- 10.7.2. Offline
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Consumer Orientation Capacity

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations