National Thrift Store Day
Buying Second-Hand Is Gaining Popularity
Second-hand shopping is gaining traction in several countries around the world. Data from the ƽ Consumer ƽ 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 ƽ’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. ƽ analysts say that at this rate, fast fashion may soon be outpaced by the second-hand fashion market.
Description
This chart shows the share of respondents who have bought something second-hand in the past 12 months.
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