8
Apr
Jinmao tells you what is the development trend of the second-hand bedding market in Africa?
1. Demand side: layered curing, just need to expand capacity, category differentiation
Just need the basic market to continue to expand (low-income / rural / student)
Africa has a population of 1.5 billion+, urbanization is accelerating, young groups account for a high proportion, and low-income households (monthly income <$100) still account for more than 50%. Second-hand bedding is the only affordable option, and demand has increased by 10%-15% year-on-year, concentrated in East Africa (Kenya, Uganda, Tanzania), West Africa (Ghana, northern Nigeria), and...
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7
Apr
The Core Consumer Groups of Africa’s Secondhand Bag Market
Africa’s secondhand bag market has a clearly stratified consumer base, with demand closely tied to purchasing power, usage scenarios and regional consumption characteristics. Young women, student groups, working-class adults/small vendors form the mainstream (90%+ of total demand), and a small high-end niche group drives the premium segment. The groups are highly targeted, with distinct preferences for styles, prices and product grades, as detailed below:
1. Young Women (18–35 years old) – Core Consumer Group (45%–55%)
Concentrated in major cities of Kenya, Ghana,...
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3
Apr
Real of Current State of Africa’s Secondhand Bag Market
Africa’s secondhand bag market is a high-growth, high-margin niche and one of the most promising segments in the continent’s $billions mitumba (secondhand goods) economy, boasting an annual growth rate of 15%–20%—far outpacing the new bag market. As a follow-up to used clothing and footwear, it features strong rigid demand, low competition, and attractive profit margins of 60%–80%, with key markets concentrated in East Africa, West Africa and South Africa, making it a golden track for global suppliers.
Kenya, Ghana and Nigeria...
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2
Apr
Jinmao tells you who are the main consumer groups in the second-hand shoe market in Southeast Asia?
The core consumer groups of the second-hand shoe market in Southeast Asia are highly concentrated, with Generation Z/millennial young people as the main force, and covering the three major segments of the public working class, student groups and trend enthusiasts, showing the distinctive characteristics of “youth, cost-effective orientation, and pursuit of brand/personality”.
1. Core consumer groups (by population)
1. Generation Z & young trend lovers (16-28 years old, accounting for about 55%-65%)
Main markets: Indonesia (Jakarta), Thailand (Bangkok), Philippines (Manila), Malaysia (Kuala Lumpur)
Core...
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1
Apr
Second-hand clothes business in Southeast Asia: Jinmao assists four core opportunities and the path to breaking the game in 2026
The second-hand clothing market in Southeast Asia is ushering in a period of rapid growth, and the overall growth rate is expected to exceed 11% in 2026, which is 2-3 times that of the new clothing market.The combination of a huge young population, strong cost-effective demand and sustainable consumption awareness has formed four deterministic windows of opportunity. Compliance, quality grading, digitization, and localization are the key paths to seize dividends.
1. Core growth opportunities: four high-potential tracks
1. Philippines: Local Culture IP...
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