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Bicycle Shoe Market to Witness Contraction, as Uncertainty Looms Following Global Coronavirus Outbreak

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.

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Bicycle Shoe Market to Witness Contraction, as Uncertainty Looms Following Global Coronavirus Outbreak

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  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 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future 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 solutionfor 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 Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews ❑ ❑ ❑ ❑ Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research ❑ ❑ ❑ ❑ ❑ ❑ Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection ❑ ❑ ❑ ❑ ❑ Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights ❑ ❑ # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  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 1. 2. 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 1/3rdof total sales. Shirts and T-shirts would outpace other types of apparel in terms of growth in the near future. 3. 4. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Secondhand Apparel Market Analysis Secondhand Apparel Market – Key Driving Factors 1. 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 women’s 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. 2. 3. 4. 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. Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  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., A&E 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/covid19/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-Highly-Lucrative-Market-for-Investors-Forecasts-a-New-FMI- Study.html www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Secondhand Apparel Market Analysis Explore Extensive Coverage of FMI’s Retail & Consumer Products Landscape 1. 2. 3. 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. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  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@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. 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@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

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