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Global Second-Hand Apparel Market Size study & Forecast, by Product (Dresses & Tops, Shirts & T-shirts, Sweaters, Coats & Jackets, Jeans & Pants, Other) by Sector (Resale, Traditional Thrift Stores & Donation), by Target Population (Men, Women, Kids), by Distribution Channel (Wholesale/Distributors, Hypermarkets/Supermarkets, Multi-brands Stores, Independent Small Stores, Departmental Stores, Online Retailers, Other) and Regional Analysis, 2023-2030

July 2023 | 200 pages | ID: GF11D93BB98DEN
Bizwit Research & Consulting LLP

US$ 4,950.00

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Global Second-Hand Apparel Market is valued approximately at USD 71.22 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 14.8% over the forecast period 2023-2030. Second-hand apparel includes used clothing, shoes, accessories, and other fashion items. Buying second-hand apparel is a popular way to reduce waste, save money, and support sustainability by giving new life to pre-owned garments. It is a common practice in thrift stores, online marketplaces, and through clothing swaps or donations. Growing e-commerce market and growing demand for second-hand apparel anticipated to fuel the market growth during the forecast period.

According to India Brand Equity Foundation (IBEF) in 2023, the market has already experienced a substantial 21.5% growth, reaching USD 74.8 billion in 2022 and it is expected that the market may witness significant growth, with a value of approximately USD 350 billion by 2030, According to the World Economic Forum in 2021, the second-hand apparel market reached a value of USD 39.23 billion. Simultaneously, the counterfeit industry was expected to reach a staggering USD 4.2 trillion by the end of 2022, primarily fueled by the illicit trade of counterfeit clothing. According to Organization for Economic Co-operation and Development (OECD) in 2019. The trade of counterfeit and pirated goods has shown a consistent increase in recent years, despite stagnant overall trade volumes, it accounts for 3.3% of global trade. Following closely behind are counterfeit cosmetics and personal care products, watches and jewelry, as well as handbags and luggage. However, growing concern towards counterfeit products and rapidly changing customer’s preferences may hamper the market growth. Moreover, increasing demand for branded products and availability of second-hand branded products come out as the growth opportunities of this market.

The key regions considered for the Global Second-Hand Apparel Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Middle East & Africa region dominated the market because of the rising demand of second-hand apparel owing to the low disposable income in the region and adaptation of second-hand apparel in rural areas in this region. Europe is expected to be the fastest growing region due to the rising trends of thrift culture and accessibility of second-hand markets in this region.

Major market player included in this report are:
Thredup Inc.
The RealReal Inc.
Poshmark Inc.
Vinted Limited
Micolet
Ebay Inc.
A&E Clothing Corporation
Chikatex SL Co. Ltd.
StockX LLC
British Used Clothing Company

Recent Developments in the Market:
In February 2022, H&M introduced a fresh second-hand apparel initiative in Sweden, its home market, during 2022. This offering encompasses not only second-hand clothing from H&M Group brands but also includes garments from external brands like ASOS, Nike, and Zara.
In October 2019, Farfetch and Thrift+ collaborated to enable customers to donate their unwanted items to charities in exchange for store credit. Thrift+ operates as an online platform for selling secondhand clothing and donates a portion of the sales revenue to one of the 160,000 registered charities in the UK. Thrift+ is also a participant in Farfetch's technology accelerator program, Dream Assembly.
Global Second-Hand Apparel Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Sector, Target Population, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Dresses & Tops
Shirts & T-shirts
Sweaters, Coats & Jackets
Jeans & Pants
Other

By Sector:
Resale
Traditional Thrift Stores & Donation

By target Population:
Men
Women
Kids

By Distribution Channel:
Wholesalers/Distributors
Hypermarkets/Supermarkets
Multi-Brand Stores
Independent Small Stores
Departmental Stores
Online Retailers
Other

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Second-Hand Apparel Market, by region, 2020-2030 (USD Billion)
  1.2.2. Second-Hand Apparel Market, by Product, 2020-2030 (USD Billion)
  1.2.3. Second-Hand Apparel Market, by Sector, 2020-2030 (USD Billion)
  1.2.4. Second-Hand Apparel Market, by Target Population, 2020-2030 (USD Billion)
  1.2.5. Second-Hand Apparel Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SECOND-HAND APPAREL MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SECOND-HAND APPAREL MARKET DYNAMICS

3.1. Second-Hand Apparel Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growing E-Commerce industry
    3.1.1.2. Growing demand for second-hand apparel
  3.1.2. Market Challenges
    3.1.2.1. Growing Concern for Counterfeit Products
    3.1.2.2. Rapidly Changing Customer’s Preferences
  3.1.3. Market Opportunities
    3.1.3.1. Increasing Demand for Branded Products
    3.1.3.2. Availability of Second-Hand Products

CHAPTER 4. GLOBAL SECOND-HAND APPAREL MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL SECOND-HAND APPAREL MARKET, BY PRODUCT

5.1. Market Snapshot
5.2. Global Second-Hand Apparel Market by Product, Performance - Potential Analysis
5.3. Global Second-Hand Apparel Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Second-Hand Apparel Market, Sub Segment Analysis
  5.4.1. Dresses & Tops
  5.4.2. Shirts & T-shirts
  5.4.3. Sweaters, Coats & jackets
  5.4.4. Jeans & Pants
  5.4.5. Other

CHAPTER 6. GLOBAL SECOND-HAND APPAREL MARKET, BY SECTOR

6.1. Market Snapshot
6.2. Global Second-Hand Apparel Market by Sector, Performance - Potential Analysis
6.3. Global Second-Hand Apparel Market Estimates & Forecasts by Sector 2020-2030 (USD Billion)
6.4. Second-Hand Apparel Market, Sub Segment Analysis
  6.4.1. Resale
  6.4.2. Traditional Thrift Stores & Donation

CHAPTER 7. GLOBAL SECOND-HAND APPAREL MARKET, BY TARGET POPULATION

7.1. Market Snapshot
7.2. Global Second-Hand Apparel Market by Target Population, Performance - Potential Analysis
7.3. Global Second-Hand Apparel Market Estimates & Forecasts by Target Population 2020-2030 (USD Billion)
7.4. Second-Hand Apparel Market, Sub Segment Analysis
  7.4.1. Men
  7.4.2. Women
  7.4.3. Kids

CHAPTER 8. GLOBAL SECOND-HAND APPAREL MARKET, BY DISTRIBUTION CHANNEL

8.1. Market Snapshot
8.2. Global Second-Hand Apparel Market by Distribution Channel, Performance - Potential Analysis
8.3. Global Second-Hand Apparel Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
8.4. Second-Hand Apparel Market, Sub Segment Analysis
  8.4.1. Wholesalers/ Distributors
  8.4.2. Hypermarkets/Supermarkets
  8.4.3. Multi-Brands Stores
  8.4.4. Independent Small Stores
  8.4.5. Online Retailers
  8.4.6. Other

CHAPTER 9. GLOBAL SECOND-HAND APPAREL MARKET, REGIONAL ANALYSIS

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Second-Hand Apparel Market, Regional Market Snapshot
9.4. North America Second-Hand Apparel Market
  9.4.1. U.S. Second-Hand Apparel Market
    9.4.1.1. Product breakdown estimates & forecasts, 2020-2030
    9.4.1.2. Sector breakdown estimates & forecasts, 2020-2030
    9.4.1.3. Target Population breakdown estimates & forecasts, 2020-2030
    9.4.1.4. Distribution Channel breakdown estimates & forecasts, 2020-2030
  9.4.2. Canada Second-Hand Apparel Market
9.5. Europe Second-Hand Apparel Market Snapshot
  9.5.1. U.K. Second-Hand Apparel Market
  9.5.2. Germany Second-Hand Apparel Market
  9.5.3. France Second-Hand Apparel Market
  9.5.4. Spain Second-Hand Apparel Market
  9.5.5. Italy Second-Hand Apparel Market
  9.5.6. Rest of Europe Second-Hand Apparel Market
9.6. Asia-Pacific Second-Hand Apparel Market Snapshot
  9.6.1. China Second-Hand Apparel Market
  9.6.2. India Second-Hand Apparel Market
  9.6.3. Japan Second-Hand Apparel Market
  9.6.4. Australia Second-Hand Apparel Market
  9.6.5. South Korea Second-Hand Apparel Market
  9.6.6. Rest of Asia Pacific Second-Hand Apparel Market
9.7. Latin America Second-Hand Apparel Market Snapshot
  9.7.1. Brazil Second-Hand Apparel Market
  9.7.2. Mexico Second-Hand Apparel Market
9.8. Middle East & Africa Second-Hand Apparel Market
  9.8.1. Saudi Arabia Second-Hand Apparel Market
  9.8.2. South Africa Second-Hand Apparel Market
  9.8.3. Rest of Middle East & Africa Second-Hand Apparel Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. Thredup Inc.
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Recent Developments
  10.3.2. The RealReal Inc.
  10.3.3. Poshmark Inc.
  10.3.4. Vinted Limited
  10.3.5. Micolet
  10.3.6. Ebay Inc.
  10.3.7. A&E Clothing Corporation
  10.3.8. Chikatex SL Co. Ltd.
  10.3.9. StockX LLC
  10.3.10. British Used Clothing Company

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Second-Hand Apparel Market, report scope
TABLE 2. Global Second-Hand Apparel Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Second-Hand Apparel Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Second-Hand Apparel Market estimates & forecasts by Sector 2020-2030 (USD Billion)
TABLE 5. Global Second-Hand Apparel Market estimates & forecasts by Target Population 2020-2030 (USD Billion)
TABLE 6. Global Second-Hand Apparel Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 7. Global Second-Hand Apparel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Second-Hand Apparel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Second-Hand Apparel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Second-Hand Apparel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Second-Hand Apparel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Second-Hand Apparel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Second-Hand Apparel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Second-Hand Apparel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Second-Hand Apparel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Second-Hand Apparel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Second-Hand Apparel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Second-Hand Apparel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Second-Hand Apparel Market
TABLE 72. List of primary sources, used in the study of global Second-Hand Apparel Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Second-Hand Apparel Market, research methodology
FIG 2. Global Second-Hand Apparel Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Second-Hand Apparel Market, key trends 2022
FIG 5. Global Second-Hand Apparel Market, growth prospects 2023-2030
FIG 6. Global Second-Hand Apparel Market, porters 5 force model
FIG 7. Global Second-Hand Apparel Market, pest analysis
FIG 8. Global Second-Hand Apparel Market, value chain analysis
FIG 9. Global Second-Hand Apparel Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Second-Hand Apparel Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Second-Hand Apparel Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Second-Hand Apparel Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Second-Hand Apparel Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Second-Hand Apparel Market, regional snapshot 2020 & 2030
FIG 15. North America Second-Hand Apparel Market 2020 & 2030 (USD Billion)
FIG 16. Europe Second-Hand Apparel Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Second-Hand Apparel Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Second-Hand Apparel Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Second-Hand Apparel Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable


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