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Global Sneaker Trading Platform Market Size, Share & COVID-19 Impact Analysis, By Type (Basketball Shoes, Soccer Shoes, Outdoor Hiking Shoes and Others), By Application (B2B, B2C, C2C and Others), and Regional Forecasts, 2023-2030

The global sneaker trading platform market size was valued at USD 946.5 million in 2022. The market is projected to grow from USD 946.5 million in 2022 to USD 1719.2 million by 2030, exhibiting a CAGR of 8.9% during the forecast period.
 
The seller posts a price of a sneaker on the sneaker trading platform. The product will be photographed if the purchaser believes the price is reasonable. The vendor will then transmit the sneaker to the site to authenticate its authenticity. The platform will be shipped to the buyer once the identification process is finished. One of the key drivers fueling the sneaker trading platform market's expansion is the global spread of internet platforms. All age groups' increasing preference for high-fashion, branded shoes and an increase in disposable money are driving the desire for more comfortable and inventive sneakers, accelerating industry growth. The growing population and health and wellness concerns are driving the sneaker trading platform market. These factors encourage people to engage in different fitness-related activities. Additionally, there is a rise in product demand due to the youthful population's increased interest in sports and fitness. However, the expansion is anticipated to be hampered by the accessibility of locally manufactured products that are duplicated or counterfeit.
 
COVID-19 IMPACT

The economic crisis, COVID-19, and the lockdowns that followed it resulted in employment losses and affected the middle-class strata. Therefore, it is virtually hard to invest in fresh, branded sneakers. The worldwide market for shoes trading platforms has suffered due to the COVID-19 outbreak. The government enforced a rigorous lockdown and halted production as a result of the COVID-19 outbreak. Sales collapsed during the pandemic due to falling demand worldwide due to the shutdown. In terms of business, COVID-19 has had a significant detrimental effect.
 
DRIVING FACTORS

Promotion and Adoption by Fashion Influencers to Drive the Market Growth

The market is expected to gain traction over the forecast period due to the latest fashion influencers' adoption and promotion of sneakers as well as increased accessibility and affordability. A major factor influencing the global sneaker trading platform market is the growing desire across age groups for stylish, trendy, yet comfortable footwear. The industry has been mostly driven by the emergence of sports-specific footwear for games like football, cricket, basketball, and golf and the massive investments governments and international organizations made to support sports leagues and participation.
 
RESTRAINING FACTORS

High Cost Associated with Product Inhibits Market Expansion

The market demand research of the sneakers trading platform indicates that constraints, including reduced trust, negative reviews, and higher pricing connected with specific brands, limit the market growth. The end customer might be drawn in by the quality and price range. However, consumers conduct in-depth studies into the product's quality and subject it to ongoing inspection. The demand for footwear trading platforms is therefore constrained. The availability of superior substitutes for premium sneakers that release new pairs with premium quality within the same price range as trading platform pairs is another factor limiting and impeding the market's growth.
 
SEGMENTATION

By Type


Based on type, the sneaker trading platform market is segmented into basketball shoes, soccer shoes, outdoor hiking shoes, and others. The basketball shoe category dominated the market in 2022 due to technical developments that have given basketball players increased comfort and flexibility. Growing consumer interest and knowledge in the health advantages of sports and fitness activities, a thriving global trading environment, an increase in basketball tournament attendance, and rising disposable income levels are the main reasons promoting segment growth.
 
By Application

By application, the market is segmented into B2B, B2C, C2C and others. The B2C category dominated the market in 2022. Business-to-consumer (B2C) refers to selling goods and services directly between an organization and the customers who will ultimately use them. Most businesses that sell directly to customers are referred to as B2C businesses. Consumers prefer buying goods from online trading platforms that deliver goods directly from business to customer due to rising smartphone usage, higher internet penetration, and conveniences, including simple access and payment alternatives. Any shoe sold directly to a consumer has a different selling price from the market price. Current promotions and savings typically bring this on.
 
REGIONAL INSIGHTS

 
North America is projected to hold the largest share of the sneaker trading platform market over the forecast period. This is due to consumers' shifting lifestyles, rising fashion consciousness, and high disposable income, encouraging them to prioritize comfort over price. The main country in the region with an expanding demand for sneakers is the United States; this is driving the market for sneakers trading platforms in this region. On the other hand, the Asia Pacific sneaker trading platform market is anticipated to grow significantly over the forecast period. The region's product demand is expected to increase due to rising leisure sports engagement, more socializing among individuals, and rising national and international sports participation among Asian countries.
 
LIST OF KEY COMPANIES PROFILED:
  • Nice
  • Goat
  • Dewuapp
  • 95
  • StockX
  • Yoho And Buy
  • Snake
  • Solestage
  • Flight Club
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Study Period 2016-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2016-2021
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Type, By Application, and By Geography
By Type
  • Basketball Shoes
  • Soccer Shoes
  • Outdoor Hiking Shoes
  • Others
By Application
  • B2B
  • B2C
  • C2C
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Global Sneaker Trading Platform Market
    2.3    Global Sneaker Trading Platform Market, 2018 – 2028 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2022
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Global Sneaker Trading Platform Market, By Type Segment Analysis

    4.1    Sneaker Trading Platform Market Overview, By Type Segment
        4.1.1    Global Sneaker Trading Platform Market Revenue Share, By Type, 2022 & 2028 (Value, %)
    4.2    Basketball Shoes
        4.2.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    Soccer Shoes
        4.3.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    Outdoor Hiking Shoes
        4.4.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.4.3    Key Market Trends, Growth Factors, & Opportunities
    4.5    Others
        4.5.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        4.5.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.5.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 5    Global Sneaker Trading Platform Market, By Application Segment Analysis

    5.1    Sneaker Trading Platform Market Overview, By Application Segment
        5.1.1    Global Sneaker Trading Platform Market Revenue Share, By Application, 2022 & 2028 (Value, %)
    5.2    B2B
        5.2.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    B2C
        5.3.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.3.3    Key Market Trends, Growth Factors, & Opportunities
    5.4    C2C
        5.4.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        5.4.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.4.3    Key Market Trends, Growth Factors, & Opportunities        
    5.4    Others
        5.4.1    Sneaker Trading Platform Market Share Forecast, By Region (USD Million)
        5.4.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.4.3    Key Market Trends, Growth Factors, & Opportunities    
        
Chapter 6    Sneaker Trading Platform Market – Regional Analysis, 2022 – 2028

    6.1    Sneaker Trading Platform market Overview, by Region Segment
        6.1.1    Global Sneaker Trading Platform market Revenue Share, By Region, 2022 & 2028
        6.1.2    Global Sneaker Trading Platform Market Revenue, By Region, 2017 – 2028 (US$ Mn)
        6.1.3    Global Sneaker Trading Platform market Revenue, By Type, 2017 – 2028 (US$ Mn)
        6.1.4    Global Sneaker Trading Platform market Revenue, By Application, 2017 – 2028 (US$ Mn)
    6.2    North America
        6.2.1    North America Sneaker Trading Platform Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.2.2    North America Sneaker Trading Platform Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.2.3    North America Sneaker Trading Platform Market Revenue, By Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.2.4    U.S. Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.2.5    Canada Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.2.6    Mexico Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.3    Europe
        6.3.1    Europe Sneaker Trading Platform Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.3.2    Europe Sneaker Trading Platform Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.3.3    Europe Sneaker Trading Platform Market Revenue, By Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.3.4    Germany Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.5    France Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.6    U.K. Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.7    Italy Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.8    Spain Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.9    Rest of Europe Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.4    Asia Pacific
        6.4.1    Asia Pacific Sneaker Trading Platform Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.4.2    Asia Pacific Sneaker Trading Platform Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.4.3    Asia Pacific Sneaker Trading Platform Market Revenue, By Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.4.4    China Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.5    Japan Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.6    India Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.7    South Korea Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.8    South-East Asia Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.9    Rest of Asia Pacific Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.5    Latin America
        6.5.1    Latin America Sneaker Trading Platform Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.5.2    Latin America Sneaker Trading Platform Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.5.3    Latin America Sneaker Trading Platform Market Revenue, By Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.5.4    Brazil Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.5.5    Argentina Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.5.6    Rest of Latin America Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.6    The Middle-East and Africa
        6.6.1    The Middle-East and Africa Sneaker Trading Platform Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.6.2    The Middle-East and Africa Sneaker Trading Platform Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.6.3    The Middle-East and Africa Sneaker Trading Platform Market Revenue, By Application, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.6.4    GCC Countries Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.6.5    South Africa Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.6.6    Rest of Middle-East Africa Sneaker Trading Platform Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)

Chapter 7    Sneaker Trading Platform Market – Industry Analysis

    7.1    Introduction
    7.2    Market Drivers
        7.2.1    Driving Factor 1 Analysis
        7.2.2    Driving Factor 2 Analysis
    7.3    Market Restraints
        7.3.1    Restraining Factor Analysis
    7.4    Market Opportunities
        7.4.1    Market Opportunity Analysis
    7.5    Porter’s Five Forces Analysis
    7.6    PEST Analysis
    7.7    Regulatory Landscape
    7.8    Technology Landscape
    7.9    Value Chain Analysis

Chapter 8    Competitive Landscape

    8.1    Company Market Share Analysis – 2022
        8.1.1    Global Sneaker Trading Platform market: Company Market Share, 2022
        8.1.2    Global Sneaker Trading Platform Market: Company Market Share, 2022
    8.2    Strategic Developments
        8.2.1    Acquisitions & Mergers
        8.2.2    New Product Launch
        8.2.3    Regional Expansion
    8.3    Company Strategic Developments – Heat Map Analysis

Chapter 9    Company Profiles

    9.1    Nice
        9.1.1    Company Overview
        9.1.2    Key Executives
        9.1.3    Product Portfolio
        9.1.4    Financial Overview
        9.1.5    Operating Business Segments
        9.1.6    Business Segment Performance
        9.1.7    Recent Developments
    9.2    Goat
    9.3    Dewuapp
    9.4    95
    9.5    StockX
    9.6    Yoho And Buy
    9.7    Snake
    9.8    Solestage
    9.9    Flight Club

Chapter 10    Research Methodology

    10.1    Research Methodology
    10.2    Phase I – Secondary Research
    10.3    Phase II - Data Modeling
        10.3.1    Company Share Analysis Model
        10.3.2    Revenue Based Modelling
    10.4    Phase III – Primary Research
    10.5    Research Limitations
        10.5.1    Assumptions
No Methodology
No Available