Global Secondhand E-Commerce Market 2021

Global Secondhand E-Commerce Demand Rises During COVID-19

This report provides insights into the current state and trends of the pre-used goods market on a global scale, including data points on the top market players, consumer preferences and intentions. The report concludes with key takeaways from the trend for businesses.

COVID-19 pandemic and the trend for circular economy drive secondhand E-Commerce in 2021

The secondhand sales industry has been on the rise for several years already, as the trend for circular economy and waste reduction appeared. In 2021, the market is attracting even closer attention from both consumers and market players.

Its E-Commerce component, furthermore, is doing even better, as due to the COVID-19 there has been a general trend on shifting shopping online: in a recent survey of eBay sellers, more than seven in ten respondents stated that the practice of selling and buying pre-owned goods became more common in the recent years.

Moreover, according to several surveys conducted in 2020 and cited in this market report, consumers intend to increase their spending on secondhand items in the near future. In the United States, for example, the market value of secondhand apparel, especially online, is forecasted to grow much faster than the overall retail clothing market.

In China, after a boom in 2016, secondhand E-Commerce continues to grow exceptionally fast, with two major players Xianyu and Zhuanzhuan leading the market. On the other side of the world, new much stricter regulations in France against textile waste should have major implications for the new clothing market in the country, and in the whole European Union later.

Report Coverage

• This report covers the global B2C and C2C Secondhand E-Commerce and offline market. Some data points on B2B Secondhand Commerce are also included.
• The report covers the current state and trends of the secondhand sales industry in different countries, as well offers an overview of as consumer preferences and demand drivers.
• The following regions/countries were included: the United States, Europe (including Germany and France), and Asia (including China and South Korea).
• The report contains relevant information about regulations, international comparisons, market trends, secondhand E-Commerce adoption rates, consumer preferences, and players. Not all types of information were included for each country, due to varying data availability.

Report Structure

The report starts with a global overview of the current state and market trends of the secondhand industry, including recent activities of some major players, as well as statistics applied to the global scale. Regional chapters follow the global overview and include information on countries’ activities, consumer attitude towards secondhand sales, and other data points. The market report concludes with the key takeaways.

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report