Europe Recommerce Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Europe Recommerce Market is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2024-30.
Our Latest Reports Now Include In-Depth Supply Chain Ecosystem Analysis, Enabling Businesses to Navigate Tariff Challenges with Greater Agility Get Sample Report – https://www.marknteladvisors.com/query/request-sample/europe-recommerce-market.html
Europe Recommerce Market Dynamics: 2024-2030
Europe Recommerce Market Driver:
Government’s Circular Economy Initiatives Driving the Recommerce Industry – The concept of a circular economy, characterized by resource efficiency, reduced waste, and sustainable consumption, has gained immense traction in the European region. The European governments have embraced this vision of the circular economy as a means to mitigate environmental impact, combat climate change, and create a more sustainable future, thus playing a pivotal role in driving the growth of the Europe Recommerce Market. These government-led initiatives have raised consumer awareness of sustainable consumption practices as well as the usage of pre-owned products. European consumers are increasingly embracing second-hand items & contributing to the growth of the recommerce sector.
Additionally, initiatives such as the European Green Deal, EPR regulations, and national laws have been introduced by the regional governments to ensure a more sustainable & circular future. These circular economy efforts are predicted to significantly benefit the recommerce sector, which would be further transformed by changing consumer behavior as well as promotion of sustainable practices. Hence, the recommerce industry is expected to garner strong growth in coming years, with the region’s government playing a crucial role in the transformation process of the region’s retail industry.
Browse Full Report with Detail Analysis – https://www.marknteladvisors.com/research-library/europe-recommerce-market.html
Europe Recommerce Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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, with a focus on fashion & apparel, have gained immense popularity in recent years,
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 & 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 & 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 & Home Goods- Market Size & Forecast 2019-2030, (USD Million)
-Sofas & 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 & Accessories- Market Size & Forecast 2019-2030, (USD Million)
-Sports & 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 Country
-The UK
-Germany
-France
-Italy
-Spain
-Benelux
-Rest of Europe
Germany has captured a major share of the Europe Recommerce Market.
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Europe Recommerce Market:
Vestiaire Collective, Rebelle, Catawiki, Back Market, Depop, ASOS Marketplace, Vinted, Refurbed, Sellpy, HardLoop, Momox, Asgoodasnew, and Others
Industry Recent Development:
- 2023: Vestiaire Collective and Giglio.com have entered into a partnership to offer Vestiaire Collectives products through the website of Giglio.com. This model would allow the customers to sell their used clothing in exchange for credit points which can be used to buy new products. Also, the partnership will benefit both companies to expand their reach in the European market.
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
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
