{"id":19196,"date":"2021-12-01T11:00:00","date_gmt":"2021-12-01T11:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/12\/01\/carousell-recommerce-index-on-the-growth-of-secondhand-trading-market-towards-sustainable-consumption\/"},"modified":"2021-12-01T11:00:00","modified_gmt":"2021-12-01T11:00:00","slug":"carousell-recommerce-index-on-the-growth-of-secondhand-trading-market-towards-sustainable-consumption","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/12\/01\/carousell-recommerce-index-on-the-growth-of-secondhand-trading-market-towards-sustainable-consumption\/","title":{"rendered":"Carousell Recommerce Index on The Growth of Secondhand Trading Market Towards Sustainable Consumption"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>HO CHI MINH CITY, VIETNAM &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a> &#8211; 1 December 2021 &#8211; <a href=\"https:\/\/www.linkedin.com\/company\/carousell\"> Carousell Group <\/a> , the  &#13;<br \/>\nleading classifieds group in Greater Southeast Asia, addresses the issue of&#13;<br \/>\noverconsumption in its inaugural Carousell Recommerce Index 2021, a Carousell&#13;<br \/>\nGreen initiative to highlight the importance of sustainability and recommerce&#13;<br \/>\nin the Greater Southeast Asia region. The report covers findings from four&#13;<br \/>\nCarousell Group brands namely Carousell, Ch\u1ee3 T\u1ed1t, Mudah and OneKyat, across&#13;<br \/>\neight markets &#8211; Hong Kong, Indonesia, Malaysia, Myanmar, the Philippines,&#13;<br \/>\nSingapore, Taiwan and Vietnam, involving over 3,000 buyers and sellers.  <\/p>\n<p> \u00a0 <\/p>\n<p> According to the survey on Ch\u1ee3 T\u1ed1t in the Vietnam market,&#13;<br \/>\nsecondhand shoppers tend to buy Electronics such as computers, mobile phones,&#13;<br \/>\ntablets, cameras and TVs, accounting for more than 65% of the total number of&#13;<br \/>\nrespondents. Similarly, pre-owned electronics are also the item which have the&#13;<br \/>\nmost sellers, accounting for 69% of the total number of respondents. Buying,&#13;<br \/>\nselling and using secondhand goods help bring income to sellers and cost-saving&#13;<br \/>\nbenefits for buyers.    <\/p>\n<p> \u00a0 <\/p>\n<p> As for motivations&#13;<br \/>\nfor buying second-hand, 83% of Vietnamese respondents who have purchased&#13;<br \/>\nsecondhand items cite &#8220;value for money&#8221; as the top reason. On the&#13;<br \/>\ncontrary, 17% of Vietnamese respondents who have yet had experience buying&#13;<br \/>\nsecondhand items mentioned authentication or warranty on products will motivate&#13;<br \/>\nthem to buy secondhand \u2014which aligns with Ch\u1ee3 T\u1ed1t&#8217;s recent efforts in launching&#13;<br \/>\nthe Escrow feature, giving users a secure method of authentication when&#13;<br \/>\ndepositing high-value items. <\/p>\n<p> \u00a0 <\/p>\n<p> Overall in the&#13;<br \/>\nregion, Fashion remains the most in-demand category at 29%, with Women&#8217;s&#13;<br \/>\nFashion dominating the top spot across the region, and Men&#8217;s Fashion becoming&#13;<br \/>\nincreasingly popular. However, Vietnam witnessed a slightly different trend. In&#13;<br \/>\n2018-2019, Fashion ranks in the top 3 categories with the most active users for&#13;<br \/>\nsecondhand. By 2021, Fashion&#8217;s top position has been replaced by Household&#13;<br \/>\nAppliances, Furniture and Plants due to the upsurge of tables, chairs, drawers,&#13;<br \/>\nand household plants&#8217; demand. This shows the promising future of Household&#13;<br \/>\nAppliances, Furniture and Plants in the Vietnamese re-commerce market. <\/p>\n<p> \u00a0 <\/p>\n<p>On the contrary,&#13;<br \/>\nthe Vehicles category has consecutively held the top position in terms of the&#13;<br \/>\nmost secondhand listings and the most demand for secondhand from 2018-2020.&#13;<br \/>\nThis category is expected to be the driving force for growth since more&#13;<br \/>\nindividuals look for ways to own private transport without the financial&#13;<br \/>\nburden. \u00a0  <\/p>\n<p> \u00a0 <\/p>\n<p> Since the outbreak&#13;<br \/>\nof the Covid-19 pandemic, many social distancing directives have been&#13;<br \/>\nimplemented in Vietnam, causing some interesting changes in consumption trends.&#13;<br \/>\nLaptops and desktops have become the two top most searched keywords on Ch\u1ee3 T\u1ed1t&#13;<br \/>\nfor both new and secondhand items. This was due to the fact that major&#13;<br \/>\nlockdowns have increased the number of people working from home, leading to the&#13;<br \/>\nsurge of laptops and desktops to support remote working. <\/p>\n<p> \u00a0 <\/p>\n<p> Social distancing&#13;<br \/>\nmakes many Vietnamese people adopt a healthier lifestyle. As people can only&#13;<br \/>\ntravel within short distances during lockdown, this has led to a rapid increase&#13;<br \/>\nin demand for bicycles, which are not only affordable but also a safe way to&#13;<br \/>\ncommute to nearby areas. Besides, items for recreational purposes during&#13;<br \/>\nlockdown, such as video games and books, grew significantly and entered the&#13;<br \/>\nlist of the most-searched keywords. <\/p>\n<p> \u00a0 <\/p>\n<p>In the growing&#13;<br \/>\ntrend of buying-selling second-hand items, Carousell continues to make headway&#13;<br \/>\nin fostering community while promoting secondhand. This includes Ch\u1ee3 T\u1ed1t&#8217;s&#13;<br \/>\nSharing Market campaign, which was inspired by generous users who listed items&#13;<br \/>\nfor free using the hashtag #chosechia.  This campaign is a new initiative of Ch\u1ee3 T\u1ed1t during the&#13;<br \/>\nsocial lockdown period, calling for donations of unused items to people who are&#13;<br \/>\nsuffering from the pandemic to help spread love and build circular consumption&#13;<br \/>\nbehaviors.  In Singapore, Hong Kong, Taiwan, Malaysia and the Philippines&#13;<br \/>\non Carousell, as well as OneKyat in Myanmar, similar campaigns have been&#13;<br \/>\ndevised to promote the Free Items category.<\/p>\n<p> \u00a0 <\/p>\n<p><a name=\"_heading=h.1t3h5sf\"\/>&#8220;In the past 8 years, Cho Tot has made the experience of \u00a0  buying and selling secondhand items more&#13;<br \/>\nconvenient. We are constantly striving to create a reliable and engaging&#13;<br \/>\nre-commerce marketplace, where everybody can buy second-hand at the first&#13;<br \/>\nchoice and help to reduce the manufacturing waste and the impact on the environment ,  &#8220;&#13;<br \/>\nMr. Nguyen Trong Tan &#8211; CEO Cho Tot (Carousell in Vietnam) shared. <\/p>\n<p> \u00a0 <\/p>\n<p><a name=\"_heading=h.4d34og8\"\/>The Carousell Recommerce Index (2021 Report) is available for download <a href=\"https:\/\/press.carousell.com\/carousell-green\/\">here<\/a>.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-12-01\/108054\/carousell-recommerce-index-on-the-growth-of-secondhand-trading-market-towards-sustainable-consumption\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HO CHI MINH CITY, VIETNAM &#8211; Media&#13; OutReach &#8211; 1 December 2021 &#8211; Carousell Group , the &#13; leading classifieds group in Greater Southeast Asia, addresses the issue of&#13; overconsumption in its inaugural Carousell Recommerce Index 2021, a Carousell&#13; Green initiative to highlight the importance of sustainability and recommerce&#13; in the Greater Southeast Asia region. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":19197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19196"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19196"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/19197"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}