Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.4 Billion | USD 7.8 Billion | 8.5% | 2024 |
FrequentlyAsked Questions
Running shoes that have been expertly restored from either used or previously owned state are known as refurbished running shoes.
The refurbished running shoes market is driven by several factors such as its cost-effectiveness, increasing environmentally conscious consumers, increasing collaboration among the key market players, and others.
According to the report, the global refurbished running shoes market size was worth around USD 3.4 billion in 2024 and is predicted to grow to around USD 7.8 billion by 2034.
The global refurbished running shoes market is expected to grow at a CAGR of 8.5% during the forecast period.
The global refurbished running shoes market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the presence of a major resale platform and growing consciousness about the environment.
The global refurbished running shoes market is dominated by players like Puma SE, Nike Inc., Adidas AG, ASICS Corporation, New Balance Athletics, Inc., Under Armour, Inc., Altra Running, Brooks Sports, Inc., Mizuno Corporation, Skechers USA, Inc., Reebok International Ltd., Hoka One One, Saucony, On Running AG, Newton Running Company, Salomon Group, Anta Sports Products Limited, Decathlon S.A., Li-Ning Company Limited, and 361 Degrees International Limited, among others.
The refurbished running shoes market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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