Jiang Su Jinmao Environmental Technology Co., Ltd
Why African Used Clothing Suppliers Partner with China’s Jinmao
As Africa emerges as the world’s largest used clothing import market—with a 2024 market size of $705.8 billion and 50% of its population relying on pre-owned apparel—Chinese supplier Jinmao has become the preferred partner for African suppliers. This collaboration is rooted in Jinmao’s ability to address Africa’s unique demands for affordability, quality, and cultural adaptability, supported by a robust supply chain and compliant operations.
First, Jinmao’s meticulous sorting and quality control align with Africa’s stringent...
How to further expand the second-hand bag business in the African market
Africa’s second-hand bag market is poised for explosive growth, driven by a confluence of economic pragmatism, sustainability awareness, and rising fashion consciousness. With the Middle East and Africa secondhand luxury goods market projected to surge from
45.3billion in 2025 to 102.8 billion by 2031 (a 14.7% CAGR) , expanding here requires a nuanced approach that balances formal and informal channels, prioritizes trust, and caters to diverse consumer segments.
First,...
Channel strategy for opening up the second-hand shoe business in the Southeast Asian market
To tap into Southeast Asia's booming second-hand shoe market, businesses need to adopt a multi-pronged channel strategy that combines localized online platforms, social media marketing, offline presence, and B2B cooperation. Below are targeted and actionable channel strategies tailored to the region's market characteristics:
Leverage localized and specialized e-commerce platforms
Specialized and regional e-commerce platforms are ideal for gaining a foothold. Ox Street, a Singapore-based premium sneaker resale platform, is a top choice as it addresses local pain points like counterfeits and long...
The Profit Margins of the Second-hand Clothing Business in Liberia
The second-hand clothing business, often referred to as "pepe" trade in Liberia, plays a notable role in the country's informal economy. This business sector has thrived as a result of various socioeconomic factors that both stimulate demand and shape the market environment. Understanding the profit margins within this trade involves examining supply chain dynamics, market competition, consumer preferences, and the operational challenges faced by vendors.
One primary aspect influencing profit margins in this business is the cost of acquisition. Business owners...
How are the sales of second-hand bags in the Southeast Asian market and what is the profit margin?
The Southeast Asian market for second-hand luxury bags is experiencing robust growth, fueled by shifting consumer preferences and favorable market conditions. With a rapidly expanding middle class (over 700 million people across six core economies) and a young demographic (median age 28-32), demand for accessible luxury has surged – particularly among millennials and Gen Z who prioritize both affordability and status symbols . This cohort embraces pre-loved items as a sustainable alternative to new luxury goods,...