US Secondhand Apparel Total Retail Sales, by Type, 2017-2023 (billions)
The secondhand clothing market will double in size from 2018 to 2023 with the curated product resale market pushing the sales growth.
Data is from the March 2019 thredUp report titled "2019 Resale Report" conducted by GlobalData. GlobalData's assesment of the secondhand market is determined through ongoing retail tracking, official public data, data sharing, store observation, consumers surveys and secondary sources. These inputs ... are used by analysts to model and calculate market sizes, channel sizes and market shares. Additionally, GlobalData conducted a survey of 2,000 US female consumers ages 18+ during December 11, 2018-January 6, 2019. The sample was designed to be representative of age, income and geography. thredUp is a retailer that sells secondhand clothes. GlobalData is a retail analytics firm.More