Second Hand Clothing Market Growth. Market sizing and growth estimates 2020 globaldata market sizing and growth estimates online thrifting is a bright spot in broader covid retail slump with consumers seeking bargains from home online secondhand is set to grow 69 between 2019 and 2021 while the broader retail sector is projected to shrink 15. 49 percent year over year versus two percent.
Retailers Launch Campaign To Keep Old Clothes Out Of Landfill Upcycling from launch campaign to keep old clothes ...
How the secondhand clothing industry is getting a major makeover and tapping 220 billion of retail value thredup s new approach is helping thrift grow 20 times faster than retail. The second hand market generated 360 billion us dollars worldwide in 2017 according to fashion resale service thredup with online sales of second hand items growing 35 percent against just 8 percent for brick and mortar stores. Thredup posits that the global resale market will be worth 41 billion by 2022 because resale disruptors like itself are growing 24 times faster than the retail industry as a whole.
In 2018 versus 35 billion for fast fashion say the figures from online store thredupand retail analytics firm globaldata released.
Used clothing facts statistics that will blow your mind a blog post by ecogoodz a wholesale used clothing supplier. The following facts and statistics may surprise you. 49 percent year over year versus two percent. Thredup posits that the global resale market will be worth 41 billion by 2022 because resale disruptors like itself are growing 24 times faster than the retail industry as a whole.
