Argentina‘s Recommerce Market Set for Explosive Growth, Projected to Reach $2.89 Billion by 2029
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- Argentina’s Recommerce Market Set for Explosive Growth, Projected to Reach $2.89 Billion by 2029
Dublin, June 25, 2025 – Argentina’s recommerce market is experiencing rapid expansion and is projected to reach US$2.89 billion by 2029,according to a new report. The “Argentina Recommerce Market Intelligence Databook” by ResearchAndMarkets.com forecasts a compound annual growth rate (CAGR) of 13.9% between 2025 and 2029. This growth builds upon a robust period from 2020 to 2024, which saw a CAGR of 20.5% in the Argentinian recommerce sector.
Key Drivers of Recommerce Growth in Argentina
The report highlights several factors contributing to the surge in recommerce, including increasing consumer adoption of online platforms, a growing awareness of enduring consumption, and the availability of a wider range of products in the secondhand market. The recommerce market in Argentina is expected to grow by 16.2% in 2025, reaching a value of US$1.71 billion. This growth is fueled by both peer-to-peer (C2C) and business-led resale (B2C) models. Globally, recommerce is gaining traction as consumers seek value and embrace environmentally conscious shopping habits. For example, the global secondhand apparel market is projected to reach $350 billion by 2027, driven by similar trends [[1]].
Did You Know? Recommerce, also known as resale or secondhand commerce, involves the buying and selling of previously owned goods.
Market Segmentation and Opportunities
The report provides a detailed analysis of the Argentinian recommerce market, segmented by various factors, including:
- Recommerce channels (C2C, B2C, trade-in programs)
- Sales models (resale, rental, refurbishment)
- Platform types (generalist and vertical-specific)
- Digital engagement (app, website, social media)
- Retail categories (electronics, apparel, home goods, etc.)
This comprehensive segmentation allows businesses to identify specific opportunities and tailor their strategies to meet the evolving needs of Argentinian consumers. The rise of mobile commerce is also playing a importent role, with a large portion of recommerce transactions occurring through mobile devices.In latin America, mobile commerce is expected to account for over 60% of all online sales by 2025 [[2]].
Consumer Behavior and Preferences
The report also delves into consumer behavior, device usage, payment preferences, and city-level penetration across Tier 1 to Tier 3 cities in Argentina. Understanding these nuances is crucial for businesses looking to succeed in the recommerce market.For example, the report analyzes market share by age group, income level, and gender, providing valuable insights for targeted marketing campaigns.
Argentina Recommerce Market: Key Metrics and forecasts
The following table summarizes key metrics and forecasts for the Argentinian recommerce market:
| Attribute | Details |
|---|---|
| Estimated Market Value (USD) in 2025 | $1.71 Billion |
| Forecasted Market value (USD) by 2029 | $2.89 Billion |
| Compound Annual Growth Rate (CAGR) | 13.9% |
| Forecast Period | 2025 – 2029 |
Channel-Level and Digital Engagement Insights
Identifying high-growth channels, including C2C, B2C, and retailer-led trade-in programs, is essential for businesses to optimize their recommerce strategies. Tracking consumer activity across app, web, and social platforms allows for aligning digital strategies with consumer behavior.
Pro Tip: Focus on mobile-first strategies to capture the growing segment of Argentinian consumers who prefer to shop on their smartphones.
The report provides an overview of the competitive landscape in the Argentinian recommerce market, including market share analysis by key players. This information is valuable for benchmarking against competitors and informing strategic decisions. Understanding the current and emerging competitive landscape is crucial for maintaining a competitive edge.
What strategies are Argentinian retailers using to attract recommerce customers? How can businesses leverage digital engagement to drive growth in the recommerce market?
The Rise of recommerce: A Global Trend
Recommerce is not just an Argentinian phenomenon; it’s a global trend driven by factors such as increased environmental awareness, the rising cost of new goods, and the convenience of online platforms. consumers are increasingly looking for ways to save money and reduce their environmental footprint, making recommerce an attractive option. The growth of recommerce also reflects a shift in consumer attitudes towards ownership, with more people willing to rent or buy used goods.
Frequently Asked Questions About Recommerce in Argentina
- What is driving the growth of the recommerce market in Argentina?
- The growth is driven by increasing consumer adoption of online platforms, a growing awareness of sustainable consumption, and the availability of a wider range of products in the secondhand market.
- What are the key recommerce channels in Argentina?
- the key channels are consumer-to-consumer (C2C), business-to-consumer (B2C), and retailer trade-in & buyback programs.
- Which retail categories are most popular in the Argentinian recommerce market?
- Apparel & Accessories, Consumer Electronics, and Home Goods are among the most popular categories.
- How are Argentinian consumers paying for recommerce purchases?
- Credit cards, debit cards, bank transfers, and digital wallets are all popular payment methods.
- What is the projected CAGR for the Argentinian recommerce market between 2025 and 2029?
- The market is projected to grow at a CAGR of 13.9% during this period.
- What is the estimated market value of recommerce in Argentina in 2025?
- The estimated market value is $1.71 billion USD.
- What will be the market value of recommerce in argentina by 2029?
- The forecasted market value is $2.89 billion USD.
Ready to explore the recommerce market? Share your thoughts and experiences in the comments below!