+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

UK Sector Series: Furniture Resale Market 2023-2028

  • PDF Icon

    Report

  • 30 Pages
  • November 2024
  • Region: United Kingdom
  • GlobalData
  • ID: 6053473
The UK Furniture Resale report offers a comprehensive insight into the resale furniture market in the UK, analysing the sector, challenges, the key news and trends, consumer attitudes, and providing market forecasts out to 2028.

The furniture resale market is set to grow by 47.9% between 2023 and 2028 to £1219.9m, with its growth significantly outpacing that of the total UK furniture market. The resale market is benefitting from a range of factors, including consumers wanting to save and make money through resale, and environmental concerns.

Key Highlights

  • The furniture resale market is set to grow by an impressive 47.9% between 2023 and 2028
  • Furniture resale online penetration lags that of the total furniture market, although the gap has started to narrow
  • Saving money continues to be the man driver behind purchasing resale

Reasons to Buy

  • Using our five year forecasts to 2028, learn about the future of the furniture resale market, both online and offline.
  • Understand how drivers of furniture purchases via resale, such as to save money and to be more sustainable, vary in importance among different demographics to maximise sales potential.
  • Use our in depth analysis of the market, challenges and strategies for success to identify the opportunities for growth.

Table of Contents

  • Executive Summary
  • The furniture resale market is set to grow by an impressive 47.9% between 2023 and 2028
  • Furniture resale online penetration lags that of the total furniture market, although the gap has started to narrow
  • Saving money continues to be the man driver behind purchasing resale
  • Strategies for Success in the UK Furniture Resale Market
  • UK Furniture Resale Market 2020-2028
  • Market size and forecasts
  • Channel performance and forecasts
  • News and Trends in the Market
  • Consumers
  • Penetration
  • Consumer drivers
  • Channel usage
  • Future purchasing
  • Methodology, Definitions and Contacts
List of Tables
  • UK Furniture Resale Consumer Drivers by Demographic, 2024
  • UK Furniture Resale Channel Usage by Demographic, 2024
  • UK Resale Furniture Spend Expectations by Demographic, 2024
List of Figures
  • UK Furniture Resale Market Value GBP m, 2020-2028
  • UK Furniture Resale Market Annual Growth %, 2020-2028
  • UK Furniture Resale Online Market Size GBP m and Online Penetration % 2020-2028
  • UK Furniture Resale Channel Growth, 2020-2028
  • UK Resale Sector Penetration %, 2024
  • UK Furniture Resale Penetration %, 2024
  • UK Furniture Resale Future Purchase Consideration %, 2024
  • UK Furniture Resale Category Penetration %, 2024
  • UK Furniture Resale Consumer Drivers %, 2024
  • UK Furniture Resale Channels Used %, 2024
  • UK Resale Furniture Spend Expectations %, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • eBay
  • Facebook Marketplace
  • IKEA
  • John Lewis & Partners
  • Merchant & Found
  • Rehome
  • Selfridges
  • The Vintage Supermarket
  • Vestiaire Collective
  • Vinted
  • Vinterior