PUBLISHER: The Business Research Company | PRODUCT CODE: 1751108
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751108
A second-hand trading platform is a marketplace, either online or offline, that facilitates the buying and selling of used items. It allows direct transactions between individuals, offering a more affordable alternative to purchasing new products. These platforms also promote the reuse of goods, contributing to waste reduction and environmental sustainability.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of second-hand trading platforms are consumer-to-consumer (C2C) and business-to-consumer (B2C). C2C platforms are online marketplaces where individuals can buy and sell second-hand goods directly, bypassing traditional retailers or wholesalers. Product categories include clothing and apparel, electronics and gadgets, furniture and home decor, books and media, toys and games, and sporting goods. These platforms can be operated through various types, such as mobile applications, web-based platforms, social media marketplaces, and community forums or listings. Transactions on these platforms include peer-to-peer transactions, direct sales from individuals, consignment sales, and auction-based selling. The platforms are used by individual sellers, small business owners, non-profit organizations, collectors, and hobbyists.
The second hand trading platform market research report is one of a series of new reports from The Business Research Company that provides second hand trading platform market statistics, including the second hand trading platform industry global market size, regional shares, competitors with the second hand trading platform market share, detailed second hand trading platform market segments, market trends, and opportunities, and any further data you may need to thrive in the second hand trading platform industry. This second hand trading platform market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The second hand trading platform market size has grown rapidly in recent years. It will grow from$13.68 billion in 2024 to $15.72 billion in 2025 at a compound annual growth rate (CAGR) of 14.9%. The growth during the historic period can be attributed to a growing consumer interest in sustainable consumption, expanding internet and smartphone usage, heightened awareness of circular economy practices, a surge in demand for affordable products, and a rise in trust for peer-to-peer transactions.
The second hand trading platform market size is expected to see rapid growth in the next few years. It will grow to$27.04 billion in 2029 at a compound annual growth rate (CAGR) of 14.5%. The growth during the forecast period can be attributed to the increasing adoption of resale models by leading retailers, a stronger emphasis on environmental sustainability, the growing popularity of online thrift shopping, the expanding millennial and Gen Z user base, and the rising use of AI for product recommendations and pricing. Key trends in the forecast period include the development of advanced authentication technologies for product verification, improvements in logistics and reverse supply chains, innovation in user experience and interface design, the integration of blockchain for transaction transparency, and the incorporation of social commerce features for enhanced community engagement.
The increasing popularity of e-commerce is expected to drive the growth of the second-hand trading platform market. E-commerce refers to the buying and selling of goods or services over the internet, including online transactions and digital payments. Its popularity continues to rise due to the unparalleled convenience it offers, allowing consumers to shop anytime and anywhere. This convenience significantly reduces the time and effort compared to in-store shopping. The growth of e-commerce has made second-hand trading more accessible and convenient, encouraging broader consumer participation. The reach, ease of use, and secure transactions associated with e-commerce have helped normalize resale shopping, especially among budget- and eco-conscious buyers. For example, in February 2025, Eurostat, a Luxembourg-based government agency, reported that 94% of individuals aged 16-74 in the EU used the internet in 2024, with 77% of them making online purchases, and 46% specifically buying clothes, shoes, or accessories. This demonstrates the strong adoption of e-commerce, thus fueling the growth of the second-hand trading platform market.
Key companies in the second-hand trading platform market are focusing on advancing digital solutions, such as online peer-to-peer (P2P) resale platforms, to extend their reach to a broader consumer base. These platforms are virtual marketplaces where individuals can directly exchange used or second-hand items, bypassing traditional retailers or third-party intermediaries. For instance, in June 2024, SHEIN, a Singapore-based online fashion and lifestyle retailer, launched the SHEIN Exchange resale platform in Europe and the UK. The platform allows users to buy and sell pre-owned SHEIN products via the SHEIN app, with plans to expand to the UK and Germany in future phases. This initiative is part of SHEIN's efforts to promote sustainable fashion by encouraging customers to engage in the circular economy.
In May 2024, eBay, a U.S.-based second-hand trading platform, partnered with Rakuten Group to assess U.S. demand for second-hand Japanese fashion goods. The collaboration aims to capitalize on the yen's depreciation and the growing interest in affordable, high-quality resale goods to expand cross-border trade. The partnership seeks to broaden sales channels for Rakuma vendors and ultimately expand its offerings to other global markets such as Canada, Australia, the UK, and Germany. Rakuten Group is a Japan-based eCommerce marketplace.
Major players in the second hand trading platform market are Zalando SE, eBay Inc., ASOS plc, OLX Group, Mercari Inc., Vinted UAB, Depop Limited, ThredUp Inc., Poshmark Inc., Carousell Pte. Ltd., Cashify, Wallapop S.L., Vestiaire Collective SA, Trove Recommerce Inc., Decluttr, Shpock GmbH, Chairish Inc., Gazelle Inc., 5miles LLC, and Plato's Closet.
North America was the largest region in the second hand trading platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in second-hand trading platform report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the second-hand trading platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The second-hand trading platform market consists of revenues earned by entities by providing services such as user verification and ratings, secure payment integration, logistics and delivery services, customer support, and dispute resolution. The market value includes the value of related goods sold by the service provider or included within the service offering. The second-hand trading platform market also includes sales of point-of-sale (POS) devices, refurbishment and testing tools, and logistics and delivery equipment. 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.
Second Hand Trading Platform Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on second hand trading platform market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for second hand trading platform ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The second hand trading platform market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.