Spotlight

US Online Fashion Resale

Our 2022 Forecast Shows Spending Per Buyer Will More Than Double by 2025

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About This Report
Fashion resale has become one of the fastest-growing segments in apparel retail, and this year most sales will take place online. This report looks at our inaugural forecast for online resale fashion and how brands and retailers can leverage new opportunities in this rapidly ascending sector.
Table of Contents

Executive Summary

Online platforms have helped fuel the rapid growth of the secondhand apparel market. We forecast that resale market sales will surpass $30 billion in 2025. This growth has been fueled by multiple factors ranging from a rising interest in sustainability all the way to pandemic-induced supply chain disruptions. This report will explore these factors, including opportunities and challenges for fashion brands and retailers.

Key Questions

  • How big is the online fashion resale market?
  • What’s driving growth in online fashion resale?
  • How can fashion brands and retailers benefit from trends in online resale?

KEY STAT: Annual average sales per buyer via online fashion resale marketplaces will more than double between 2021 and 2025, rising 132.4% from $339.18 to $788.38.

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authors

Sky Canaves

Contributors

Bianca Carasus
Researcher
Suzy Davidkhanian
Principal Analyst, Retail & Ecommerce
Andrew Lipsman
Principal Analyst, Retail & Ecommerce
Wendy Louie-Lam