Market Research Report
Global Secondhand E-Commerce Market 2021
|Published by||yStats.com GmbH & Co. KG||Product code||1009797|
|Published||Content info||70 Pages
Delivery time: 1-2 business days
|Global Secondhand E-Commerce Market 2021|
|Published: May 28, 2021||Content info: 70 Pages||
"Global secondhand E-Commerce demand rises during COVID-19," says new yStats.com publication.
The latest publication from Hamburg-based desk research company yStats.com titled "Global Secondhand E-Commerce 2021" provides insights into the current state and trends of the pre-used goods market on a global scale, including data points on the top market players, consumer preferences and intentions. The report concludes with key takeaways from the trend for businesses.
The secondhand sales industry has been on the rise for several years already, as the trend for circular economy and waste reduction appeared. In 2021, the market is attracting even closer attention from both consumers and market players. Its E-Commerce component, furthermore, is doing even better, as due to the COVID-19 there has been a general trend on shifting shopping online: in a recent survey of eBay sellers, more than seven in ten respondents stated that the practice of selling and buying pre-owned goods became more common in the recent years. Moreover, according to several surveys conducted in 2020 and cited in the new yStats.com market report, consumers intend to increase their spending on secondhand items in the near future. In the United States, for example, the market value of secondhand apparel, especially online, is forecasted to grow much faster than the overall retail clothing market. In China, after a boom in 2016, secondhand E-Commerce continues to grow exceptionally fast, with two major players Xianyu and Zhuanzhuan leading the market. On the other side of the world, new much stricter regulations in France against textile waste should have major implications for the new clothing market in the country, and in the whole European Union later.
Zalando, Mercari, Alibaba Group, Poshmark, ThredUp, Macy's, J.C. Penney, Madewell, eBay, Amazon, Otto, Vinted, Tencent, Zhuanzhuan, Joonggonara, Danggeum, Walmart, Nordstorm, Levi's, Patagonia, Eileen Fisher, Arc'Teryx, Taylor Stitch, The RealReal, Depop, Trove, Recurate, Aptdeco, Gap, Sotheby's, Cartier, Harrods, Secoo, OfferUp, Taobao, Xianyu, VinoKilo, Vite EnVogue, Craigslist, Etsy, Facebook Inc., Backflip, Momox, Liangji, Feiyu, Mädchenflohmarkt, About You, Vestiaire Collective, Poshmark, Mercari, ThredUp, Rebelle.