Sneakers are on Fire
The sneaker resale market shows no signs of slowing down anytime soon. The market is currently
valued at 72.2 billion globally with a measured compound growth rate from 2022 -2023 at 16.4%.
Projections show in the US alone expected growth from $2 billion to $30 billion by 2030 and globally expected to hit $101 billion by 2026. Hype culture, community and engagement, social
media, secondary marketplaces, and the constraints put on supply with limited edition drop tactics
employed by major sneaker brands are all cited as to why the sneaker resale market is booming.
With the boom comes opportunity not only for trustworthy resellers but….. enter bad actors, or counterfeiters who are adept at exploiting the market conditions. Luckily with Entrupy’s Sneaker Authentication you can protect your business reputation, your stock, and your financial investment because every sneaker we certify authentic comes with a 100% financial guarantee. Plus our tech gives you the edge to compete with resale’s heaviest hitters. There has never been a faster, more accurate, more convenient, more accessible authentication solution in the history of resale.
Hot Drops of 2023
What does Tiffany, Kith, and G Dragon all have in common? They were some of the most in-demand
sneakers collaborations in 2023.
With four months remaining in the year, it’s highly likely that several more eagerly anticipated
releases will emerge, commanding substantial resale value. Among the upcoming highlights are the
Air Jordan 5 Retro Burgundy and Playoff, Air Jordan 1 Retro High Palomino, and the J Balvin X Air
Jordan 3. In our coverage, we delve into this year’s most triumphant launches and provide insights into the expected resale values.
