Jiang Su Jinmao Environmental Technology Co., Ltd
Jinmao Tell You About The Promising Outlook of the Used Bag Business in Malaysia
Malaysia’s used bag market is emerging as a vibrant segment within Southeast Asia’s circular fashion economy, fueled by shifting consumer preferences, a growing middle class, and mature digital commerce infrastructure. As part of the country’s secondhand luxury goods market—projected to surge from $45.3 billion in 2025 to $102.8 billion by 2031 at a CAGR of 14.7% —used bags are gaining traction among diverse consumer groups, driven by a unique blend of practicality, sustainability, and style aspirations. This article explores...
Jinmao Tell You About The Promising Growth Outlook of the Used Shoe Market in the Middle East
The Middle East’s used shoe market is emerging as a dynamic segment within the region’s booming circular fashion economy, driven by shifting consumer preferences, youthful demographics, and the rising popularity of sustainable and affordable luxury. As part of the broader Middle East secondhand luxury goods market—projected to surge from $45.3 billion in 2025 to $102.8 billion by 2031 at a CAGR of 14.7% —used shoes are carving out a significant niche, fueled by a unique blend of cultural, economic,...
Jinmao Tell You About Navigating the Challenges of the Ukay-Ukay Used Clothing Business in the Philippines
The Philippines’ ukay-ukay (secondhand clothing) market is a paradox of thriving demand and systemic challenges, shaped by decades of cultural acceptance and legal restrictions. While the industry serves as an affordable fashion lifeline for millions of Filipinos and contributes significantly to the informal economy, entrepreneurs face a complex web of obstacles that require strategic navigation to build sustainable businesses. This article explores the multifaceted challenges confronting used clothing businesses in the Philippines, from regulatory ambiguity to operational hurdles and shifting...
Jinmao helps you open up the growth prospects of the old bag business in Southeast Asia: pay attention to the market structure
The Southeast Asian used bag market is emerging as a high-growth segment in the global circular fashion economy, with its unique market structure becoming a key driver of both opportunities and challenges. As part of the Asia Pacific secondhand luxury goods market—valued at $8.67 billion in 2024 and projected to reach $17.53 billion by 2033 with a CAGR of 8.13% —Southeast Asia’s market is characterized by distinct hierarchical regional markets, diversified player competition, and an evolving omni-channel ecosystem. This article...
Jinmao Tell You The Promising Outlook of the Used Bag Business in Southeast Asia
Southeast Asia’s used bag market is emerging as a high-growth segment within the region’s booming circular economy, driven by a confluence of demographic dividends, shifting consumer values, and digital transformation. As part of the broader Asia Pacific secondhand luxury goods market—valued at $8.6 billion in 2024 and projected to reach $17.9 billion by 2033 with a CAGR of 8.09%—the used bag sector is poised for robust expansion. Countries like Thailand, Vietnam, Indonesia, and Singapore are leading this growth, fueled by...