Second-hand apparel market expected to reach 350 billion U.S. dollars by 2028

Second-hand fashion heads toward 350 billion dollars Globally, the second-hand apparel market alone is expected to reach over 350 billion U.S. dollars by 2028. This reflects how quickly resale has moved from niche behavior to a mainstream way of buying clothes, shoes, and accessories.

Fashion and apparel account for a large portion of what is being resold worldwide, driven by shoppers who want trend-led or vintage pieces at a fraction of full price. With inflation and cost-of-living pressures in many countries, pre-loved fashion offers a way to refresh wardrobes without paying premium retail.

E-commerce in the United States tops 275 billion dollars In the United States, online commerce across all categories is projected to reach over $ 275 billion in resale volume by 2028. This includes apparel, electronics, home goods, media, and more, sold through platforms that specialize in pre-owned items.

Up to 33 percent of U.S. consumers used online resale websites in 2023, indicating the growing prevalence of buying and selling second-hand goods through digital channels. As more consumers get used to reselling items instead of discarding them, recommerce volumes are expected to keep…