Second Hand Apparel Market to Reach $121.99 Billion by 2030, Growing at a 12.59% CAGR

The 𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at USD 53.18 billion in 2023 and is projected to grow at a CAGR of 12.59% from 2024 to 2030, reaching approximately USD 121.99 billion by 2030.

𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Second-hand apparel encompasses pre-owned clothing, accessories, and shoes sourced from thrift stores, consignment shops, online platforms, and more. This market supports sustainability by extending the lifecycle of garments, reducing fashion waste, and mitigating environmental impacts. Key drivers include rising environmental awareness, affordability, and increased acceptance of resale fashion. The growth of online platforms and social commerce has further expanded market accessibility, positioning second-hand apparel as a pivotal element in the evolving global fashion landscape.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:https://www.stellarmr.com/report/req_sample/Second-Hand-Apparel-Market/1885

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭:

The growing demand for sustainable and affordable fashion is a major driver of the second-hand apparel market. Consumers increasingly embrace second-hand clothing due to environmental concerns and cost savings. The rising popularity of vintage fashion, combined with technological advancements in e-commerce and the global reach of online platforms, has facilitated seamless buying and selling processes. Additionally, younger demographics influenced by social media and celebrity endorsements are fueling the demand for second-hand fashion as a trendy and ethical choice.

𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The market is witnessing a significant shift toward online resale platforms, such as ThredUP and Poshmark, which offer convenience and a vast inventory. Social media influencers and content creators are promoting thrifted fashion, normalizing second-hand apparel among mainstream consumers. Retailers are incorporating circular economy initiatives, like Zara's resale services and H&M's pre-loved collections, to align with sustainability goals. The trend of personalized and curated second-hand selections is also gaining traction, enhancing consumer experiences and fostering loyalty.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.stellarmr.com/report/enquire_now/Second-Hand-Apparel-Market/1885

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's second-hand apparel market is expanding rapidly due to rising awareness about sustainable fashion and the affordability of pre-loved items. The market grew by 15% in 2023, with strong demand for vintage and branded apparel. Platforms like Chodocu and retail stores in Hanoi and Ho Chi Minh City are capitalizing on this trend by offering curated collections of high-quality second-hand clothing.

𝐒𝐞𝐜𝐨𝐧𝐝-𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's vibrant second-hand market is driven by its thriving tourism and fashion-conscious population. The market witnessed a 13.8% year-on-year growth in 2023, with increasing adoption of online resale platforms such as Kaidee and ThredUp. Local thrift stores and social media marketplaces are gaining popularity, making second-hand apparel accessible to a wider audience.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧'𝐬 𝐒𝐞𝐜𝐨𝐧𝐝-𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

Japan's focus on quality and sustainability is propelling the growth of its second-hand apparel market. In 2023, the market grew by 14.5%, driven by the popularity of platforms like Mercari and ZOZOTOWN USED. Japanese consumers are increasingly drawn to pre-owned luxury items, with major resale stores like Komehyo and Bookoff offering authenticated branded apparel.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚'𝐬 𝐒𝐞𝐜𝐨𝐧𝐝-𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐆𝐫𝐨𝐰𝐭𝐡

South Korea's fashion-forward culture is fostering the growth of the second-hand apparel market. The market expanded by 16% in 2023, with rising demand for K-fashion-inspired thrifted clothing. Platforms like KREAM and Danggeun Market are catering to the growing interest in affordable, stylish pre-owned items among South Korean millennials and Gen Z consumers.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞'𝐬 𝐒𝐞𝐜𝐨𝐧𝐝-𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Singapore's focus on sustainability and premium fashion is boosting the second-hand apparel market. The market recorded an 18% growth in 2023, with increasing sales of luxury second-hand apparel on platforms like Carousell and The Fifth Collection. Local thrift stores and pop-up markets are gaining traction among eco-conscious consumers seeking unique and affordable fashion finds.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒 𝐒𝐞𝐜𝐨𝐧𝐝-𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

The United States leads the global second-hand apparel market, accounting for over 40% of global revenue in 2023. The market's growth is driven by the rising popularity of platforms like ThredUp, Poshmark, and The RealReal. Consumers are increasingly embracing circular fashion, with a growing preference for sustainable and affordable alternatives to fast fashion.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞'𝐬 𝐒𝐞𝐜𝐨𝐧𝐝-𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

Europe's second-hand apparel market is thriving, driven by the region's commitment to sustainability and eco-friendly practices. The market grew by 14% in 2023, with countries like the UK, Germany, and France leading in adoption. Platforms such as Vinted, Depop, and Vestiaire Collective are dominating the market by offering authenticated pre-owned luxury and everyday apparel.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.stellarmr.com/report/req_sample/Second-Hand-Apparel-Market/1885

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭:

By Product Type

Dresses & Tops
Shirts & T-shirts
Sweaters
Coats & Jackets
Jeans & Pants
Others

By Distribution Channel

Wholesalers/Distributors
Hypermarkets/Supermarkets
Multi-Brand Stores
Independent Small Stores
Departmental Stores
Online Retailers
Others

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Second-Hand-Apparel-Market/1885

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐧𝐝 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

North America

Rendered (Clothing)
ThredUP
The RealReal
Tradesy
Buffalo Exchange
Mercari
3BS Liquidators
GLOSET LLC
Europe

Thrift+
Catchys
Go Thrift
Mania Second-Hand Clothing
Micolet
Vite EnVogue
Zadaa
Asia Pacific

LavishMark
Technochain
Charan
Preloved
Relove
Sharewardrobe
Vlook
EcoStyle Exchange
Middle East and Africa

Komodaa
OriginalSeconds

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

♦Machine Tools Market https://www.stellarmr.com/report/Machine-Tools-Market/204

♦Vibrating Screen Market https://www.stellarmr.com/report/Vibrating-Screen-Market/214

♦Industrial Automation Services Market https://www.stellarmr.com/report/Industrial-Automation-Services-Market/217

♦United Kingdom (UK) Carbon Neutral Market https://www.stellarmr.com/report/United-Kingdom-UK-Carbon-Neutral-Market/230

♦Nuclear Medicine Market https://www.stellarmr.com/report/nuclear-medicine-market/2443

♦Ambient Food Packaging Market https://www.stellarmr.com/report/Ambient-Food-Packaging-Market/244

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.