Sneaker resale is booming. It's now estimated to be a $2 billion market, according to Cowen & Co estimates.
It is projected to triple in size over the next several years, reaching more than $6 billion by 2025., Cowen compiled a list of the most expensive sneakers sold via resale over the last 12 months. Sneaker collecting is becoming an increasingly common pastime, and it's fueling a secondhand market that is exploding.
Sneaker resale is now estimated to be a $2 billion market, according to Cowen & Co estimates. It's projected to triple over the next several years, reaching more than $6 billion by 2025.