13
Apr
What is the market size of the second-hand bedding business in the Philippines?
1. Core calculation basis (2025 caliber)
Overall bedding (brand new + second-hand) retail market: about 6-7 billion pesos (≈107-125 million US dollars) (including household, hotel, homestay, excluding mattress)
Second-hand proportion: Second-hand bedding belongs to the ukay-ukay ”home furnishing and home textiles" segment, which is much lower than second-hand clothing (accounting for 15%+ of clothing retail), but higher than second-hand furniture; combined with offline markets, Carousell/FB live broadcast, and community shop data, second-hand accounts for 3%-4 of the overall bedding retail.%
Segmentation and splitting...
jinmaoadmin
News
Comments Off on What is the market size of the second-hand bedding business in the Philippines?
READ MORE...
11
Apr
Where are the development opportunities for the second-hand bag business in the Philippines?
The core opportunities of the second-hand bag business in the Philippines are concentrated in the five major markets of mass ukay-ukay unified goods delivery, light luxury/fast fashion second-hand graded retail, luxury goods identification consignment, social live broadcast private domain, cross-border compliance and small-batch imports; superimposed on the young population, inflation is just in demand, social e-commerce is mature, and overseas remittances support the bottom, the overall growth rate is 15%-20%, which is a high-growth market for second-hand bags in Southeast...
jinmaoadmin
News
Comments Off on Where are the development opportunities for the second-hand bag business in the Philippines?
READ MORE...
10
Apr
What is the difference between the way used shoes are sold at retail in West Africa and East Africa?
1. Circulation channels and transaction models: market vs front store and back warehouse
West Africa: market-led, blind package of unified goods, fast forward and fast out
Core scene: A large-scale open-air market represented by Kantamanto, Ghana, and Balogun Market, Nigeria. There are many wholesale and retail levels, and cash transactions are mainly carried out.
Transaction characteristics: Blind packages of unified goods are the mainstream. Wholesalers give a limited time to buy them within 1 minute after opening the package. The price is determined...
jinmaoadmin
News
Comments Off on What is the difference between the way used shoes are sold at retail in West Africa and East Africa?
READ MORE...
9
Apr
Africa's second-hand clothes (Mitumba) core market in 2026: just need to dominate, steady growth, hierarchical differentiation
1. Market fundamentals: scale, demand, and acceptance
Market position and scale
Africa is the world's largest importer of second-hand clothing, accounting for 50%+ of the global second-hand clothing trade; imports in 2025 will be about 18-20 billion US dollars, and it is expected to increase by 8%-12% in 2026. East Africa (Kenya, Uganda, Tanzania) and West Africa (Ghana, Nigeria, Benin) are the core markets.
The penetration rate is extremely high: 50%-60% of the population wears second-hand clothes every day, and low-income /rural/youth are...
jinmaoadmin
News
Comments Off on Africa’s second-hand clothes (Mitumba) core market in 2026: just need to dominate, steady growth, hierarchical differentiation
READ MORE...
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...
jinmaoadmin
News
Comments Off on Jinmao tells you what is the development trend of the second-hand bedding market in Africa?
READ MORE...