Secondhand Apparel Market is predicted to reach USD 250.1 billion at a CAGR of 15.10% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “global Secondhand Apparel Market”.

The secondhand apparel market is estimated to register a CAGR of 15.10% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global secondhand apparel market— Thredup Inc., The RealReal, Poshmark, Vinted, Micolet, Percentil.ma, Thrift+, Chikatex, HunTex Recycling Kft, eBay Inc., British Used Clothing Company., A&E Used Clothing Wholesale, Mobacotex, Tradesy, and StockX

Secondhand Apparel Market Highlights

The global secondhand apparel market is accounted to register a CAGR of 15.10% during the forecast period and is estimated to reach USD 250.00 Billion by 2032.

The secondhand apparel market is thriving as consumers increasingly embrace sustainable and budget-friendly fashion choices. With a focus on reducing waste and environmental impact, pre-owned clothing platforms and thrift stores are becoming more mainstream, appealing to eco-conscious and economically savvy shoppers.

Segment Analysis

The global secondhand apparel market has been segmented into product type, sector, target population and sales channel.

On the basis of product type, the market is segmented into dresses & tops, shirts & t-shirts, sweaters, coats & jackets, jeans & pants, and others. The dresses & tops segment dominated the global market in 2022. This may be a result of used clothing being more and more accepted globally, especially among women. The global market for secondhand clothing is anticipated to grow in the near future as a result of shifting design trends and the ensuing increased demand for dresses and tops among the female market.

Based on sector, the global secondhand apparel market has been segmented into resale and traditional thrift stores & donations. Resale segment dominated the global Secondhand Apparel market in 2022. This can be explained by the growing popularity of e-commerce among consumers of all ages.

Based on target population, the global secondhand apparel market has been segmented into men, women, and kids. Women segment dominated the global Secondhand Apparel market in 2022. Women are increasingly turning to resale websites as they continue to provide discounts and try to save costs.

Based on sales channel, the global secondhand apparel market has been segmented into wholesalers/distributors, hypermarkets/supermarkets, multi-brand stores, independent small stores, departmental stores, online retailers, and other sales channel. Online retailers segment dominated the global market in 2022. It is projected that online merchants will quickly change the used clothing sales sector. This is brought on by the expansion of online retail outlets and consumers' propensity to shop online for used clothing in order to save time and money overall.

Access full report @ https://www.marketresearchfuture.com/reports/secondhand-apparel-market-12030

Regional Analysis

The global secondhand apparel market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe secondhand apparel market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The secondhand apparel market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World secondhand apparel market comprises of Middle East, Africa, and Latin America.

The North America secondhand apparel market dominated this market in 2022 (45.80%). The growing number of conscientious consumers is one of the key factors driving growth in the used clothing sector in the United States. Another is the growing number of online merchants that enable consumers to buy and sell used goods, including apparel.

Moreover, in 2022, the Europe secondhand apparel market held a sizable market share. In an era of rapid fashion and outsourced clothes manufacturing, recycling old clothing is one way to address the environmental and labor challenges related to the apparel business. The belief that trends reemerge after an extended absence and the perception that vintage clothing has more character than modern apparel are credited with the area's love of vintage fashion clothing.

Additionally, the Asia Pacific secondhand apparel market is expected to register significant growth from 2023 to 2032. The population is growing swiftly, disposable income is increasing, and there are an increasing number of stores selling worn clothing. The trend is likely to continue during the forecast period, much like how expanding special event apparel demand across the region is significantly boosting sales growth. In Asia, there is a big market for special occasion attire. Asians are quite particular about their traditional attire.

Furthermore, the rest of the world's secondhand apparel market is divided into the Middle East, Africa, and Latin America. The secondhand apparel market is gaining momentum in Latin America as consumers embrace sustainable fashion choices. Countries like Brazil, Argentina, and Chile have seen a surge in thrift stores and online platforms that offer pre-owned clothing, catering to environmentally conscious and budget-conscious shoppers.

Key Findings of the Study

• The global secondhand apparel market is expected to reach USD 250.00 Billion by 2032, at a CAGR of 15.10% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. The population is expanding quickly, disposable money is rising, and the number of businesses selling used clothing is surging.


• Based on target population, the women segment was attributed to holding the largest market in 2022.


• Thredup Inc., The RealReal, Poshmark, Vinted, Micolet, Percentil.ma, Thrift+, Chikatex, HunTex Recycling Kft, eBay Inc., British Used Clothing Company., A&E Used Clothing Wholesale, Mobacotex, Tradesy, and StockX