Insight Report 14 minutes PremiumBreathing New Life into the Shopping Experience: The Surge of the Resale Market—China Retail Insights Echo Gong, Senior Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 22, 2024 What's InsideThe China Retail Insights series presents the latest insights from the ever-evolving landscape of China’s retail market. Each report in this series provides on-the-ground updates, dissecting the trends, innovations and consumer behaviors that are shaping one of the world’s most dynamic retail environments. Dive into the world of resale with our insights on two key success stories: Déjà Vu and Alibaba’s Xianyu. Explore proprietary survey insights to understand consumer behavior when it comes to shopping secondhand goods. Data in this research report include: China’s secondhand goods market—size and year-over-year growth, 2019–2024E Proprietary survey findings—whether Chinese consumers have purchased secondhand products (and breakdown by age), reasons for buying or not buying secondhand goods, categories purchased by resale shoppers, popular resale channels Companies mentioned in this report include: Alibaba, Déjà Vu, Moncler, Gucci, Zhuanzhuan Other relevant research: Returns, Resale and Sourcing in Apparel—Infographic Retail 2024: 10 Trends in China Retail More reports on China retail and sustainability The Coresight Research China Retail Sales Databank brings together retail sales data to help you understand the trajectory of retail in China. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Generative AI Latest: The EU Digital Services Act, Conversational AI and VMware Explore 20232023 US Tax Tracker #2: IRS Issues $127.3 Billion in Refunds, Number of Returns Up by 10.6%Earnings Insights 3Q23, Week 3: Coty and Ralph Lauren Report Positive Sales Growth; Capri Holdings, Hanesbrands and Qurate Retail See Sales DeclineSeasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights Extra