Second-Hand Product Market Report 2026

The second-hand product market size has grown rapidly in recent years. It will grow from $475.19 billion in 2025 to $535.03 billion in 2026 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to growing thrift culture, limited e-commerce penetration, high cost of new products, urbanization, lack of organized resale platforms.

The second-hand product market size is expected to see rapid growth in the next few years. It will grow to $854.57 billion in 2030 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to increasing internet and smartphone penetration, rising sustainability awareness, growth of mobile commerce, technological advancements in product authentication, expansion of logistics and delivery networks. Major trends in the forecast period include rise of peer-to-peer marketplaces, growth of product refurbishment services, increasing consumer awareness on eco-friendly choices, expansion of online resale platforms, integration of mobile payment solutions.

The expanding availability of e-commerce platforms is expected to drive the growth of the second-hand product market. E-commerce platforms are online systems that facilitate the buying and selling of products or services over the internet, managing digital storefronts and transactions. The rise in e-commerce platforms is fueled by technological advancements that make it easier for businesses to reach global audiences and for consumers to shop conveniently online. E-commerce for second-hand products enables the convenient buying and selling of pre-owned items, which increases access to affordable goods and promotes sustainability. For example, according to the Census Bureau of the Department of Commerce in February 2024, e-commerce sales grew by 7.5% in the fourth quarter of 2023 compared to the same period in 2022. Thus, the growing availability of e-commerce platforms is contributing to the expansion of the second-hand product market.

Leading companies in the second-hand product market are focusing on innovative offerings such as second-hand clothing platforms to attract environmentally conscious consumers and meet the rising demand for sustainable fashion. These platforms, whether online or physical, allow individuals to buy and sell pre-owned garments. For instance, in September 2023, Zara, a Spain-based fast fashion company, introduced its pre-owned platform in France. This platform, named Zara Pre-Owned, allows customers to sell, repair, or donate second-hand clothing through Zara’s stores, website, and mobile app. Building on the success of its UK launch, the initiative aims to promote circular fashion practices by extending the life of clothing items and reducing waste. It includes a clothing repair service, an online marketplace for buying and selling used Zara items, and a home collection service for donations.

In August 2024, Trove, a US-based company focused on branded resale and customer trade-in services for fashion brands, acquired Recurate for an undisclosed amount. This acquisition aims to enhance Trove's branded resale capabilities, making it easier for brands to launch and expand resale programs. The combination of Trove's services with Recurate's peer-to-peer model provides a quicker, more flexible entry into the second-hand market. Recurate, a US-based company, assists brands in establishing and managing their own resale programs.

Major companies operating in the second-hand product market are Amazon.com Inc., Apple Inc., Samsung Electronics Co Ltd, Microsoft Corporation, Robert Bosch GmbH, HP Inc., Audi AG, Inter IKEA Systems B.V., Adidas AG, eBay Inc., Rolex Watch U.S.A. Inc., Levi Strauss & Co., Tiffany & Co., Eileen Fisher Inc., Nudie Jeans, Patagonia Inc., Breitling, Mud Jeans, Luxclusif, Madewel.

North America was the largest region in the second-hand product market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the second-hand product market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the second-hand product market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The second-hand product market consists of sales of vintage clothing, laptops, and top wear. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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 1-3 business days.