InsightsRetail

Online Resale Platforms to Overtake Offline Resale by 2030, Report

A recent Statista report, released December 19th, 2024 reveals a transformative shift in the United States resale market dynamics. It highlights that by 2030, online resale

Online Resale Platforms Set to Overtake Offline Channels by 2030, Report
InsightsRetail

Online Resale Platforms to Overtake Offline Resale by 2030, Report

Credit: The RealReal X Gucci Campaign

A recent Statista report, released December 19th, 2024 reveals a transformative shift in the United States resale market dynamics. It highlights that by 2030, online resale platforms are expected to surpass traditional offline channels significantly. In 2020, the U.S. online resale market was valued at $56.1 billion and is projected to soar to $195.7 billion in 2030. Leading platforms like ThredUp, Poshmark, The RealReal, eBay, and Depop drive this growth, each offering unique consumer experiences from fast fashion to luxury consignment.

RB Insights

  • In 2020, the online resale market in the United States was valued at an impressive 56.1 billion U.S. dollars.
  • Fast forward to 2030, and this market is projected to reach a staggering 195.7 billion U.S. dollars.
  • Growing preference for online platforms can be attributed to ease of access, diverse product availability, and digital marketplaces.

Major Players in the US Resale Market

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