Global Apparel Resale Market and Forecasts to 2027

Global Apparel Resale Market and Forecasts to 2027

Summary

The Global Apparel Resale Market to 2027 report offers comprehensive insight and analysis of the global apparel resale market, including market sizes and forecasts for 48 countries and category breakdowns. It provides detailed analysis of the key trends shaping the market, and the leading companies in apparel resale.

High inflation rates and lasting macroeconomic troubles have supported the growth of the apparel resale market in 2023, which is forecast to rise 17.7%, as consumers turned to this alternative mode of consumption for its affordability. The marketing efforts of online platforms such as Vinted and Vestiaire Collective have also helped raise consumer awareness about the practice of secondhand online shopping from both the perspective of buyers and sellers.

Scope

• While growth of the global apparel resale market will slow in forecast years as the market matures, it will still experience double digit growth as emerging markets embrace the practice further
• While rising inflation poses a threat to the global apparel resale market due to strained discretionary incomes, some consumers look towards the resale market to purchase more affordable apparel.
• Eastern Europe and Asia's apparel resale market will grow the strongest in forecast years thanks to its growing economies and the high presence of online resale platforms.
• Clothing makes up the majority of the global apparel resale market, and is set to increase its mix of total market by 3.0ppts in the ten years between 2017 and 2027.

Reasons to Buy

• Understand what is behind the exponential growth in the apparel resale market, and the differentiation between categories.
• Learn about the geographical differences in the way consumers shop for apparel resale, and which are the key countries driving growth in the market.
• Identify what makes the leading resale players successful and how you could integrate this within your own business.