Europe Second-hand Apparel Market Size- By Product Type, By Sector, By Consumer Orientation, Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Second-hand Apparel Market Introduction and Overview
According to SPER market research, ‘Europe Second-hand Apparel Market Size – By Product Type, By Sector, By Consumer Orientation, Sales Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Second-hand Apparel Market is predicted to reach USD 37.34 billion by 2033 with a CAGR of 7.98%.
“Second-hand apparel” is clothing that has been owned and worn by someone else before being put up for sale. Due to its advantages for the economy and ecology, this market sector has been more and more popular in recent years. Customers can lessen the environmental impact of the fashion industry, which is infamous for its waste and pollution, by extending the life of clothing products through second-hand purchases.
The COVID-19 pandemic has had a major impact on the used clothing industry in Europe. Initially, lockdowns and restrictions were implemented throughout the continent, leading to the closure of physical thrift stores. This was followed by a precipitous drop in foot traffic and sales. This hastened the transition of the second-hand market to e-commerce by forcing many enterprises to move to online platforms. Overall, online sales were strong, but supply chain issues and logistical challenges were brought on by shipments that were delayed and disruptions in foreign trade.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product Type, By Sector, By Consumer Orientation, Sales Channel
Regions covered Germany, France, Italy, Spain, UK, Rest of Europe
Companies CoveredArtpal, Depop, eBay, Etsy, F&P Stock Solutions, Farfetch, Garson & Shaw, Rubylane, Spoonflower, StockX, Vestaire Collective, Vinted, Yaga.
Europe Second hand Apparel Market Key Segments CoveredBy Product Type:Based on the Product Type, Europe Second-hand Apparel Market is segmented as; Party, Evening & Occasion, Dresses & Tops, Shirts & T-Shirts, Sweater, Coats & Jackets, Jeans & Pants, Others.
By Sector:Based on the Sector, Europe Second-hand Apparel Market is segmented as; Resale, Traditional Thrift Stores & Donations.
By Sales Channel: Based on the Sales Channel, Europe Second-hand Apparel Market is segmented as; Wholesalers/Distributors, Hypermarkets/Supermarket, Multi-brand Store, Independent Small Stores, Online Retailers, Others.