Global Secondhand apparel Market is valued approximately USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Secondhand apparel is the the recycling of the used clothes or unwanted clothes which other customer wants to get rid off and these clothes which are reciprocal in buying or selling between the traders for which they get monetary value are called secondhand apparel. . Local celebrities are making their presence by wearing those outfit attract new buyers and customers and also, promotional activities are playing a huge role in changing the taste and preferences of the customers. For instance : On July 2021 Madewell the popular denim jeans brand and ThredUp have collaborated to form a Madewell’s forever- that’s new resale platform . However, the Covid-19 pandemic has largely affected the secondhand apparel market negatively because of disrupted supply chain and customers deviating from fashion. Also, fashion industry is very dynamic and taste and preferences changes frequently so there is a wide scope for secondhand apparel to grow Moreover growing fashion industry and sustainable shopping is the great opportunity as fast fashion brands keep satisfying the regular demand of customer and it’s a vicious cycle in the market is likely to increase the market growth during the forecast period.

The regional analysis of global Secondhand apparel market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Middle East and Africa is predicted to be the leading market growth of secondhand apparel as customers in the region are inclined towards recycling and the emerging economy would have a positive effect on the growth rate.

Major market player included in this report are:
Thredup Inc
Poshmark
Vinted
Micolet
Percentil.ma
Thrift+
Chikatex
Huntex recycling kft
Ebay inc
A&E used clothing wholesale


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Dress and tops
Shirts and t-shirts
Sweaters
Jeans and pants
Others

By Sector:
Resale
Donation
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Seccondhand apparel Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors