Second-hand shopping is gaining traction in several countries around the world. Data from the ÌÇÐÄÆƽâ°æ Consumer ÌÇÐÄÆƽâ°æ survey reveals that in the United States, now as many as 60 percent of respondents say they have made at least one second-hand purchase in the past year, up from 49 percent in 2019. A similar trend can be seen in the other countries polled in the survey, with France seeing the biggest leap (+17 p.p.).
According to ÌÇÐÄÆƽâ°æ’s Second-hand apparel dossier, the value of the worldwide second-hand apparel market is forecast to hit $84 billion by 2030, which would mark a jump of $56 billion in just a decade. ÌÇÐÄÆƽâ°æ analysts say that at this rate, fast fashion may soon be outpaced by the second-hand fashion market.
