This Apparel Resale market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The apparel resale market size has grown rapidly in recent years. It will grow from $181.4 billion in 2024 to $202.98 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to increasing digital platforms for resale, increasing disposable income, increasing demand for affordable luxury brands, growth in demand for eco-friendly fashion alternatives, and growth in online payment security.
The apparel resale market size is expected to see rapid growth in the next few years. It will grow to $314.15 billion in 2029 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to the increasing number of digital wardrobes and closets, increasing urbanization, increasing demand for unique and vintage clothing items, rising middle-class population, and increasing cross-border trade. Major trends in the forecast period include technological advancements, integration of AR, blockchain, adoption of mobile payment solutions, and eco-friendly packaging.
The expansion of e-commerce platforms is anticipated to drive growth in the apparel resale market. E-commerce platforms are online systems that facilitate the buying and selling of goods and services over the Internet, offering tools for transaction management, inventory control, and customer engagement. The rise of e-commerce platforms is attributed to increased online shopping adoption, advancements in digital technology, and broader Internet accessibility. These platforms provide global reach, allowing sellers to access a larger audience beyond their local areas. This enhanced visibility enables resale items to reach buyers who may not have access to physical resale stores. For instance, in May 2024, the United States Census Bureau, a US-based government organization, reported that U.S. retail e-commerce sales for the first quarter of 2024 amounted to $289.2 billion, marking a 2.1% (±0.7%) increase compared to the fourth quarter of 2023. Consequently, the growth of e-commerce platforms is fueling the expansion of the apparel resale market.
Leading companies in the apparel resale market are focusing on developing innovative solutions, such as resale platforms, to improve user experience and stimulate market growth. Resale platforms are online or physical marketplaces where individuals and businesses can buy and sell pre-owned goods, including clothing and accessories. For instance, in October 2022, Shein, a Singapore-based retail company, launched a new online peer-to-peer resale platform in the United States. This platform features a user-friendly interface with advanced search filters and personalized recommendations to simplify the process of buying and selling pre-owned fashion items. A robust authentication system ensures item quality and authenticity, while integrated AI-driven pricing tools assist sellers in setting competitive rates.
In August 2024, Trove Inc., a US-based technology company, acquired Recurate Inc. for an undisclosed amount. This acquisition allows Trove Inc. to strengthen its leadership in the branded resale market by broadening its service offerings, expanding its market share, attracting new brand partners, and promoting sustainable and profitable business practices. Recurate Inc., a US-based software company, provides brands with a platform to seamlessly integrate secondhand sales into their websites, enabling them to capitalize on the apparel resale market.
Major companies operating in the apparel resale market are Walmart Inc., Alibaba Group, H&M Hennes & Mauritz Retail Pvt Ltd., eBay Inc., Flipkart Internet Pvt Ltd., SHEIN, ZARA, Mercari, The RealReal, Poshmark, Thredup Inc., Meesho, StockX LLC, Vinted Inc., Remix Global AD, Buffalo Exchange, A&E Clothing, Sellpy, Ajio, Shelter, Vogue, Chikatex, Micolet, Aristobrat, Thrift+, YnFx.
Asia-Pacific was the largest region in the apparel resale market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the apparel resale market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the apparel resale market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Apparel resale involves buying and selling second-hand clothing and accessories. This process includes exchanging used garments through various channels such as consignment stores, thrift shops, online marketplaces, and specialty resale platforms.
The main types of apparel resale include dresses and tops, shirts and t-shirts, sweaters, coats and jackets, jeans and pants, and others. Dresses and tops in the resale market consist of previously owned or gently used items such as formal and casual dresses, blouses, and tunics, which are sold at a lower price compared to new ones. These items are popular among consumers seeking unique styles or sustainable fashion choices. The sectors involved include resale and traditional thrift stores, donations, and various consumer groups such as men, women, and children. Distribution occurs through multiple sales channels, including wholesalers or distributors, hypermarkets or supermarkets, multi-brand stores, independent small stores, department stores, online retailers, and other sales channels.
The apparel resale market research report is one of a series of new reports that provides apparel resale market statistics, including apparel resale industry global market size, regional shares, competitors with an apparel resale market share, detailed apparel resale market segments, market trends, and opportunities, and any further data you may need to thrive in the apparel resale industry. This apparel resale research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The apparel resale market includes revenues earned by entities by providing services such as consignment services, online resale platforms, thrift stores, repair and upcycling services and related retro clothing, high-end clothing and winter wear. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The apparel resale market size has grown rapidly in recent years. It will grow from $181.4 billion in 2024 to $202.98 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to increasing digital platforms for resale, increasing disposable income, increasing demand for affordable luxury brands, growth in demand for eco-friendly fashion alternatives, and growth in online payment security.
The apparel resale market size is expected to see rapid growth in the next few years. It will grow to $314.15 billion in 2029 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to the increasing number of digital wardrobes and closets, increasing urbanization, increasing demand for unique and vintage clothing items, rising middle-class population, and increasing cross-border trade. Major trends in the forecast period include technological advancements, integration of AR, blockchain, adoption of mobile payment solutions, and eco-friendly packaging.
The expansion of e-commerce platforms is anticipated to drive growth in the apparel resale market. E-commerce platforms are online systems that facilitate the buying and selling of goods and services over the Internet, offering tools for transaction management, inventory control, and customer engagement. The rise of e-commerce platforms is attributed to increased online shopping adoption, advancements in digital technology, and broader Internet accessibility. These platforms provide global reach, allowing sellers to access a larger audience beyond their local areas. This enhanced visibility enables resale items to reach buyers who may not have access to physical resale stores. For instance, in May 2024, the United States Census Bureau, a US-based government organization, reported that U.S. retail e-commerce sales for the first quarter of 2024 amounted to $289.2 billion, marking a 2.1% (±0.7%) increase compared to the fourth quarter of 2023. Consequently, the growth of e-commerce platforms is fueling the expansion of the apparel resale market.
Leading companies in the apparel resale market are focusing on developing innovative solutions, such as resale platforms, to improve user experience and stimulate market growth. Resale platforms are online or physical marketplaces where individuals and businesses can buy and sell pre-owned goods, including clothing and accessories. For instance, in October 2022, Shein, a Singapore-based retail company, launched a new online peer-to-peer resale platform in the United States. This platform features a user-friendly interface with advanced search filters and personalized recommendations to simplify the process of buying and selling pre-owned fashion items. A robust authentication system ensures item quality and authenticity, while integrated AI-driven pricing tools assist sellers in setting competitive rates.
In August 2024, Trove Inc., a US-based technology company, acquired Recurate Inc. for an undisclosed amount. This acquisition allows Trove Inc. to strengthen its leadership in the branded resale market by broadening its service offerings, expanding its market share, attracting new brand partners, and promoting sustainable and profitable business practices. Recurate Inc., a US-based software company, provides brands with a platform to seamlessly integrate secondhand sales into their websites, enabling them to capitalize on the apparel resale market.
Major companies operating in the apparel resale market are Walmart Inc., Alibaba Group, H&M Hennes & Mauritz Retail Pvt Ltd., eBay Inc., Flipkart Internet Pvt Ltd., SHEIN, ZARA, Mercari, The RealReal, Poshmark, Thredup Inc., Meesho, StockX LLC, Vinted Inc., Remix Global AD, Buffalo Exchange, A&E Clothing, Sellpy, Ajio, Shelter, Vogue, Chikatex, Micolet, Aristobrat, Thrift+, YnFx.
Asia-Pacific was the largest region in the apparel resale market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the apparel resale market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the apparel resale market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Apparel resale involves buying and selling second-hand clothing and accessories. This process includes exchanging used garments through various channels such as consignment stores, thrift shops, online marketplaces, and specialty resale platforms.
The main types of apparel resale include dresses and tops, shirts and t-shirts, sweaters, coats and jackets, jeans and pants, and others. Dresses and tops in the resale market consist of previously owned or gently used items such as formal and casual dresses, blouses, and tunics, which are sold at a lower price compared to new ones. These items are popular among consumers seeking unique styles or sustainable fashion choices. The sectors involved include resale and traditional thrift stores, donations, and various consumer groups such as men, women, and children. Distribution occurs through multiple sales channels, including wholesalers or distributors, hypermarkets or supermarkets, multi-brand stores, independent small stores, department stores, online retailers, and other sales channels.
The apparel resale market research report is one of a series of new reports that provides apparel resale market statistics, including apparel resale industry global market size, regional shares, competitors with an apparel resale market share, detailed apparel resale market segments, market trends, and opportunities, and any further data you may need to thrive in the apparel resale industry. This apparel resale research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The apparel resale market includes revenues earned by entities by providing services such as consignment services, online resale platforms, thrift stores, repair and upcycling services and related retro clothing, high-end clothing and winter wear. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Apparel Resale Market Characteristics3. Apparel Resale Market Trends and Strategies4. Apparel Resale Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Apparel Resale Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Apparel Resale Market34. Recent Developments in the Apparel Resale Market
5. Global Apparel Resale Growth Analysis and Strategic Analysis Framework
6. Apparel Resale Market Segmentation
7. Apparel Resale Market Regional and Country Analysis
8. Asia-Pacific Apparel Resale Market
9. China Apparel Resale Market
10. India Apparel Resale Market
11. Japan Apparel Resale Market
12. Australia Apparel Resale Market
13. Indonesia Apparel Resale Market
14. South Korea Apparel Resale Market
15. Western Europe Apparel Resale Market
16. UK Apparel Resale Market
17. Germany Apparel Resale Market
18. France Apparel Resale Market
19. Italy Apparel Resale Market
20. Spain Apparel Resale Market
21. Eastern Europe Apparel Resale Market
22. Russia Apparel Resale Market
23. North America Apparel Resale Market
24. USA Apparel Resale Market
25. Canada Apparel Resale Market
26. South America Apparel Resale Market
27. Brazil Apparel Resale Market
28. Middle East Apparel Resale Market
29. Africa Apparel Resale Market
30. Apparel Resale Market Competitive Landscape and Company Profiles
31. Apparel Resale Market Other Major and Innovative Companies
35. Apparel Resale Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Apparel Resale Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on apparel resale market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for apparel resale ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The apparel resale market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Dresses and Tops; Shirts and T Shirts; Sweaters; Coats and Jackets; Jeans and Pants; Other Types2) By Sector: Resale; Traditional Thrift Stores and Donations
3) By Consumer Group: Men; Women; Children
4) By Sales Channel: Wholesalers or Distributors; Hypermarkets or Supermarkets; Multi Brand Stores; Independent Small Stores; Departmental Stores; Online Retailers; Other Sales Channels
Subsegments:
1) By Dresses and Tops: Casual Dresses; Evening Dresses; Blouses and Tunics; Tank Tops and T-Shirts2) By Shirts and T-Shirts: Casual Shirts; Button-Down Shirts; Graphic T-Shirts; Polo Shirts
3) By Sweaters: Cardigans; Pullovers; Turtlenecks; Sweater Vests
4) By Coats and Jackets: Winter Coats; Leather Jackets; Blazers; Trench Coats; Bomber Jackets
5) By Jeans and Pants: Skinny Jeans; Straight-Leg Jeans; Bootcut Jeans; Wide-Leg Pants; Cargo Pants
6) By Other Types: Skirts; Shorts; Jumpsuits and Rompers; Activewear; Swimwear
Key Companies Mentioned: Walmart Inc.; Alibaba Group; H&M Hennes & Mauritz Retail Pvt Ltd.; eBay Inc.; Flipkart Internet Pvt Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Apparel Resale market report include:- Walmart Inc.
- Alibaba Group
- H&M Hennes & Mauritz Retail Pvt Ltd.
- eBay Inc.
- Flipkart Internet Pvt Ltd.
- SHEIN
- ZARA
- Mercari
- The RealReal
- Poshmark
- Thredup Inc.
- Meesho
- StockX LLC
- Vinted Inc.
- Remix Global AD
- Buffalo Exchange
- A&E Clothing
- Sellpy
- Ajio
- Shelter
- Vogue
- Chikatex
- Micolet
- Aristobrat
- Thrift+
- YnFx
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 202.98 Billion |
Forecasted Market Value ( USD | $ 314.15 Billion |
Compound Annual Growth Rate | 11.5% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |