GITNUXREPORT 2026

Resale Industry Statistics

The multi-billion dollar global resale market is experiencing rapid and widespread growth across categories.

Min-ji Park

Research Analyst focused on sustainability and consumer trends.

First published: Feb 13, 2026

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Statistic 1

52% of US consumers bought second-hand in 2023, up from 45% in 2022.

Statistic 2

Millennials represent 62% of resale shoppers in the US.

Statistic 3

78% of Gen Z prefer sustainable resale over new purchases.

Statistic 4

Women account for 65% of global resale apparel buyers.

Statistic 5

40% of US consumers under 30 bought resale clothing monthly in 2023.

Statistic 6

Urban dwellers 2x more likely to engage in resale than rural.

Statistic 7

67% cite affordability as top reason for resale buying.

Statistic 8

55% of parents buy second-hand kids' clothes regularly.

Statistic 9

High-income earners ($100k+) now 25% of resale buyers, up 10%.

Statistic 10

72% of Europeans aged 18-34 shop resale platforms weekly.

Statistic 11

Black Friday 2023 saw 30% resale sales spike among US shoppers.

Statistic 12

48% of men now buy second-hand fashion, up from 30% in 2019.

Statistic 13

Boomers (55+) increased resale participation by 15% in 2023.

Statistic 14

60% of college students rely on resale for wardrobe.

Statistic 15

Hispanic consumers 20% above average in resale spending.

Statistic 16

35% use resale for gifting during holidays.

Statistic 17

Social media influences 80% of Gen Z resale purchases.

Statistic 18

50% of resale buyers resell items within a year.

Statistic 19

Loyalty to resale brands at 45%, similar to fast fashion.

Statistic 20

Pandemic boosted resale adoption by 25% among families.

Statistic 21

65% prefer in-app resale over physical thrift stores.

Statistic 22

Eco-conscious buyers 3x more likely to buy resale.

Statistic 23

Average resale shopper age dropped to 32 in 2023.

Statistic 24

70% of UK consumers under 25 own resale items.

Statistic 25

Apparel is 52% of resale purchases for US women.

Statistic 26

42% cite variety/uniqueness as resale appeal.

Statistic 27

Electronics resale popular among 25-34 year olds at 55%.

Statistic 28

Apparel resale accounts for 60% of ThredUp transactions.

Statistic 29

Luxury handbags represent 40% of high-end resale value.

Statistic 30

Sneakers make up 25% of StockX's $2B annual GMV.

Statistic 31

Furniture & home goods 15% of Facebook Marketplace sales.

Statistic 32

Electronics hold 20% share in eBay resale listings.

Statistic 33

Vintage clothing 30% of Depop's top sellers.

Statistic 34

Used cars 50% of total resale auto market volume.

Statistic 35

Books comprise 18% of BookScouter resale volume.

Statistic 36

Toys & games 12% of Mercari US transactions.

Statistic 37

Watches 15% of Chrono24's €10B market.

Statistic 38

Beauty products 8% growth in resale, top Poshmark category.

Statistic 39

Bikes 10% of Craigslist top resale items.

Statistic 40

Jewelry 22% of The RealReal revenue.

Statistic 41

Sports gear 14% on OfferUp platform.

Statistic 42

Vinyl records 25% of Discogs sales growth.

Statistic 43

Kids clothing 35% of Kidizen listings.

Statistic 44

Video games 16% of GameStop trade-ins.

Statistic 45

Art & collectibles 11% of Heritage Auctions resale.

Statistic 46

Hand tools 9% in resale hardware market.

Statistic 47

Musical instruments 13% on Reverb.

Statistic 48

Pet supplies 7% emerging resale segment.

Statistic 49

Golf equipment 20% of 2nd Swing sales.

Statistic 50

Designer shoes 28% of Vestiaire Collective.

Statistic 51

Board games 10% on BoardGameGeek marketplace.

Statistic 52

Luxury eyewear 5% but high margin in resale.

Statistic 53

Camping gear 12% on REI used gear.

Statistic 54

Luxury resale platforms like The RealReal dominate handbags at 45% of listings.

Statistic 55

ThredUp processes 100,000 items daily, mostly apparel.

Statistic 56

Depop has 35 million users, 70% fashion-focused.

Statistic 57

Poshmark's GMV reached $1.5B in 2023.

Statistic 58

eBay's resale category GMV $30B annually.

Statistic 59

Vinted European GMV €2.5B in 2023.

Statistic 60

StockX traded $3.5B in 2023 sneakers/streetwear.

Statistic 61

Facebook Marketplace 1B listings, $20B+ GMV.

Statistic 62

Mercari Japan $2B GMV, US growing 50%.

Statistic 63

The RealReal $600M revenue in 2023.

Statistic 64

Vestiaire Collective €300M GMV 2023.

Statistic 65

GOAT app $1B+ in sneaker resale.

Statistic 66

OfferUp 50M users, $10B GMV est.

Statistic 67

Chairish luxury home resale $100M+ sales.

Statistic 68

Rebag handbags $150M valuation transactions.

Statistic 69

SidelineSwap sports gear $200M marketplace.

Statistic 70

Poshmark acquired by Naver for $1.2B.

Statistic 71

ThredUp 50M items listed, $300M valuation.

Statistic 72

Farfetch used luxury integration $500M segment.

Statistic 73

Grailed menswear resale $100M GMV.

Statistic 74

Whatnot live shopping resale $1B GMV.

Statistic 75

AptDeco furniture $50M transactions.

Statistic 76

BookScouter 30+ buyers for books.

Statistic 77

Swappa electronics safe resale $1B+.

Statistic 78

1stdibs art/luxury $300M marketplace.

Statistic 79

Kidizen kids items 1M+ listings.

Statistic 80

Reverb music gear $500M sales.

Statistic 81

Fashionphile bags $400M revenue.

Statistic 82

Craigslist still 50M monthly users for local resale.

Statistic 83

The global resale market was valued at $177 billion in 2022 and is projected to reach $350 billion by 2027, growing at a CAGR of 15%.

Statistic 84

In the US, the resale apparel market hit $53 billion in 2023, representing 10% of total apparel sales.

Statistic 85

Europe's second-hand fashion market grew by 20% year-over-year in 2023 to €30 billion.

Statistic 86

The luxury resale segment worldwide reached $33 billion in 2022, expected to double by 2026.

Statistic 87

India's resale market for electronics is forecasted to grow from $10 billion in 2023 to $25 billion by 2028 at 20% CAGR.

Statistic 88

UK resale clothing sales increased 18% in 2023, totaling £7.4 billion.

Statistic 89

Global sneaker resale market valued at $2 billion in 2022, projected to $6 billion by 2025.

Statistic 90

US furniture resale market was $19 billion in 2023, up 12% from prior year.

Statistic 91

China's second-hand market exceeded 500 billion yuan ($70 billion) in 2023.

Statistic 92

Handbag resale globally hit $28 billion in 2023, with 25% growth.

Statistic 93

Brazil's resale apparel market grew 22% to R$15 billion in 2023.

Statistic 94

Australian second-hand goods market reached AUD 5 billion in 2023.

Statistic 95

Global book resale market at $20 billion in 2023, CAGR 8% to 2028.

Statistic 96

Canada resale fashion market $4.5 billion in 2023, 15% YoY growth.

Statistic 97

Middle East luxury resale market $3 billion in 2023, 30% growth.

Statistic 98

US toy resale market $1.2 billion in 2023, up 10%.

Statistic 99

France second-hand market €25 billion in 2023, 17% increase.

Statistic 100

Global sports equipment resale $8 billion in 2023.

Statistic 101

Japan used car resale market ¥20 trillion in 2023.

Statistic 102

South Korea beauty product resale $500 million in 2023, 25% growth.

Statistic 103

Worldwide vinyl record resale $1.5 billion in 2023.

Statistic 104

Mexico furniture resale market $2 billion in 2023.

Statistic 105

Global watch resale $24 billion in 2023.

Statistic 106

Turkey apparel resale 10 billion TRY in 2023.

Statistic 107

US jewelry resale $12 billion in 2023.

Statistic 108

Africa second-hand clothing imports $1 billion annually.

Statistic 109

Global bike resale market $7 billion in 2023.

Statistic 110

Singapore luxury resale $800 million in 2023.

Statistic 111

US video game resale $5 billion in 2023.

Statistic 112

Worldwide art resale $65 billion in 2023.

Statistic 113

Resale reduces fashion waste by 2.5 billion pounds annually in US.

Statistic 114

Second-hand clothing saves 20,000 liters water per ton vs new.

Statistic 115

Resale apparel cuts CO2 emissions by 82% per item.

Statistic 116

Global resale diverts 10 million tons waste yearly.

Statistic 117

Thrift stores reduce landfill methane by 15% in apparel.

Statistic 118

Resale extends product life by 9 months, cuts production 30%.

Statistic 119

95% less water used in resale vs virgin cotton.

Statistic 120

Electronics resale prevents 1M tons e-waste annually.

Statistic 121

Furniture resale saves 700M trees yearly.

Statistic 122

Luxury resale reduces overproduction by 25% in fashion.

Statistic 123

Bike resale cuts urban emissions 12% per city.

Statistic 124

Book resale saves 300M tons paper production CO2.

Statistic 125

Toy resale reduces plastic waste 500K tons/year.

Statistic 126

Sports gear resale lowers manufacturing energy 50%.

Statistic 127

Vinyl resale cuts new plastic pressing 20%.

Statistic 128

Car resale reduces new vehicle emissions 27% lifecycle.

Statistic 129

Jewelry resale saves 99% gold mining impact.

Statistic 130

Home goods resale diverts 5M tons from landfills US.

Statistic 131

Fashion resale projected to reduce industry emissions 10% by 2030.

Statistic 132

Challenges: 30% counterfeit risk in luxury resale.

Statistic 133

Supply chain logistics emit 15% of resale carbon footprint.

Statistic 134

Quality verification costs 20% of resale margins.

Statistic 135

25% returns rate higher in resale due to condition.

Statistic 136

Scaling authentication tech needed for 50% growth.

Statistic 137

Regulatory hurdles in 40% countries for cross-border resale.

Statistic 138

Consumer trust issues affect 35% potential buyers.

Statistic 139

Packaging waste 10% of resale environmental cost.

Statistic 140

Labor in sorting adds 12% to operational emissions.

Statistic 141

Digital resale platforms cut physical store emissions 40%.

Statistic 142

Resale supports 2.5M jobs globally in circular economy.

Statistic 143

Blockchain reduces fraud 60% in luxury resale.

Statistic 144

Microplastics from new fashion 500K tons, resale cuts 20%.

1/144

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Forget shopping sprees—our closets, garages, and old phones are fueling a global economic revolution, with the resale industry skyrocketing from a $177 billion market in 2022 to a projected $350 billion by 2027 as consumers and the planet reap the benefits.

Key Takeaways

The global resale market was valued at $177 billion in 2022 and is projected to reach $350 billion by 2027, growing at a CAGR of 15%.
In the US, the resale apparel market hit $53 billion in 2023, representing 10% of total apparel sales.
Europe's second-hand fashion market grew by 20% year-over-year in 2023 to €30 billion.
52% of US consumers bought second-hand in 2023, up from 45% in 2022.
Millennials represent 62% of resale shoppers in the US.
78% of Gen Z prefer sustainable resale over new purchases.
Apparel resale accounts for 60% of ThredUp transactions.
Luxury handbags represent 40% of high-end resale value.
Sneakers make up 25% of StockX's $2B annual GMV.
Depop has 35 million users, 70% fashion-focused.
Poshmark's GMV reached $1.5B in 2023.
eBay's resale category GMV $30B annually.
Resale reduces fashion waste by 2.5 billion pounds annually in US.
Second-hand clothing saves 20,000 liters water per ton vs new.
Resale apparel cuts CO2 emissions by 82% per item.

The multi-billion dollar global resale market is experiencing rapid and widespread growth across categories.

Consumer Behavior & Demographics

52% of US consumers bought second-hand in 2023, up from 45% in 2022.
Millennials represent 62% of resale shoppers in the US.
78% of Gen Z prefer sustainable resale over new purchases.
Women account for 65% of global resale apparel buyers.
40% of US consumers under 30 bought resale clothing monthly in 2023.
Urban dwellers 2x more likely to engage in resale than rural.
67% cite affordability as top reason for resale buying.
55% of parents buy second-hand kids' clothes regularly.
High-income earners ($100k+) now 25% of resale buyers, up 10%.
72% of Europeans aged 18-34 shop resale platforms weekly.
Black Friday 2023 saw 30% resale sales spike among US shoppers.
48% of men now buy second-hand fashion, up from 30% in 2019.
Boomers (55+) increased resale participation by 15% in 2023.
60% of college students rely on resale for wardrobe.
Hispanic consumers 20% above average in resale spending.
35% use resale for gifting during holidays.
Social media influences 80% of Gen Z resale purchases.
50% of resale buyers resell items within a year.
Loyalty to resale brands at 45%, similar to fast fashion.
Pandemic boosted resale adoption by 25% among families.
65% prefer in-app resale over physical thrift stores.
Eco-conscious buyers 3x more likely to buy resale.
Average resale shopper age dropped to 32 in 2023.
70% of UK consumers under 25 own resale items.
Apparel is 52% of resale purchases for US women.
42% cite variety/uniqueness as resale appeal.
Electronics resale popular among 25-34 year olds at 55%.

Consumer Behavior & Demographics Interpretation

In a year where nearly everyone tightened their belts, the resale market flourished as a savvy and sustainable fashion democratizer, proving that looking sharp while saving money is no longer a millennial or Gen Z niche but a cross-generational statement of smart consumerism.

Key Segments & Products

Apparel resale accounts for 60% of ThredUp transactions.
Luxury handbags represent 40% of high-end resale value.
Sneakers make up 25% of StockX's $2B annual GMV.
Furniture & home goods 15% of Facebook Marketplace sales.
Electronics hold 20% share in eBay resale listings.
Vintage clothing 30% of Depop's top sellers.
Used cars 50% of total resale auto market volume.
Books comprise 18% of BookScouter resale volume.
Toys & games 12% of Mercari US transactions.
Watches 15% of Chrono24's €10B market.
Beauty products 8% growth in resale, top Poshmark category.
Bikes 10% of Craigslist top resale items.
Jewelry 22% of The RealReal revenue.
Sports gear 14% on OfferUp platform.
Vinyl records 25% of Discogs sales growth.
Kids clothing 35% of Kidizen listings.
Video games 16% of GameStop trade-ins.
Art & collectibles 11% of Heritage Auctions resale.
Hand tools 9% in resale hardware market.
Musical instruments 13% on Reverb.
Pet supplies 7% emerging resale segment.
Golf equipment 20% of 2nd Swing sales.
Designer shoes 28% of Vestiaire Collective.
Board games 10% on BoardGameGeek marketplace.
Luxury eyewear 5% but high margin in resale.
Camping gear 12% on REI used gear.
Luxury resale platforms like The RealReal dominate handbags at 45% of listings.
ThredUp processes 100,000 items daily, mostly apparel.

Key Segments & Products Interpretation

From apparel’s daily deluge to luxury handbags' hefty premiums, the modern resale economy is a patchwork of passion where yesterday's closet clean-out is today's collectible marketplace.

Major Players & Platforms

Depop has 35 million users, 70% fashion-focused.
Poshmark's GMV reached $1.5B in 2023.
eBay's resale category GMV $30B annually.
Vinted European GMV €2.5B in 2023.
StockX traded $3.5B in 2023 sneakers/streetwear.
Facebook Marketplace 1B listings, $20B+ GMV.
Mercari Japan $2B GMV, US growing 50%.
The RealReal $600M revenue in 2023.
Vestiaire Collective €300M GMV 2023.
GOAT app $1B+ in sneaker resale.
OfferUp 50M users, $10B GMV est.
Chairish luxury home resale $100M+ sales.
Rebag handbags $150M valuation transactions.
SidelineSwap sports gear $200M marketplace.
Poshmark acquired by Naver for $1.2B.
ThredUp 50M items listed, $300M valuation.
Farfetch used luxury integration $500M segment.
Grailed menswear resale $100M GMV.
Whatnot live shopping resale $1B GMV.
AptDeco furniture $50M transactions.
BookScouter 30+ buyers for books.
Swappa electronics safe resale $1B+.
1stdibs art/luxury $300M marketplace.
Kidizen kids items 1M+ listings.
Reverb music gear $500M sales.
Fashionphile bags $400M revenue.
Craigslist still 50M monthly users for local resale.

Major Players & Platforms Interpretation

This staggering resale ecosystem reveals a global truth: our closets, garages, and attics have become high-stakes, multi-billion-dollar markets where one person's decluttering is another's treasure hunt and a serious business for everyone in between.

Market Size & Growth

The global resale market was valued at $177 billion in 2022 and is projected to reach $350 billion by 2027, growing at a CAGR of 15%.
In the US, the resale apparel market hit $53 billion in 2023, representing 10% of total apparel sales.
Europe's second-hand fashion market grew by 20% year-over-year in 2023 to €30 billion.
The luxury resale segment worldwide reached $33 billion in 2022, expected to double by 2026.
India's resale market for electronics is forecasted to grow from $10 billion in 2023 to $25 billion by 2028 at 20% CAGR.
UK resale clothing sales increased 18% in 2023, totaling £7.4 billion.
Global sneaker resale market valued at $2 billion in 2022, projected to $6 billion by 2025.
US furniture resale market was $19 billion in 2023, up 12% from prior year.
China's second-hand market exceeded 500 billion yuan ($70 billion) in 2023.
Handbag resale globally hit $28 billion in 2023, with 25% growth.
Brazil's resale apparel market grew 22% to R$15 billion in 2023.
Australian second-hand goods market reached AUD 5 billion in 2023.
Global book resale market at $20 billion in 2023, CAGR 8% to 2028.
Canada resale fashion market $4.5 billion in 2023, 15% YoY growth.
Middle East luxury resale market $3 billion in 2023, 30% growth.
US toy resale market $1.2 billion in 2023, up 10%.
France second-hand market €25 billion in 2023, 17% increase.
Global sports equipment resale $8 billion in 2023.
Japan used car resale market ¥20 trillion in 2023.
South Korea beauty product resale $500 million in 2023, 25% growth.
Worldwide vinyl record resale $1.5 billion in 2023.
Mexico furniture resale market $2 billion in 2023.
Global watch resale $24 billion in 2023.
Turkey apparel resale 10 billion TRY in 2023.
US jewelry resale $12 billion in 2023.
Africa second-hand clothing imports $1 billion annually.
Global bike resale market $7 billion in 2023.
Singapore luxury resale $800 million in 2023.
US video game resale $5 billion in 2023.
Worldwide art resale $65 billion in 2023.

Market Size & Growth Interpretation

While the world debates whether it's chic to be cheap, these numbers scream that resale is no longer a closet affair but a full-blown economic juggernaut, proving that yesterday's cast-offs are today's calculated investments.

Sustainability & Challenges

Resale reduces fashion waste by 2.5 billion pounds annually in US.
Second-hand clothing saves 20,000 liters water per ton vs new.
Resale apparel cuts CO2 emissions by 82% per item.
Global resale diverts 10 million tons waste yearly.
Thrift stores reduce landfill methane by 15% in apparel.
Resale extends product life by 9 months, cuts production 30%.
95% less water used in resale vs virgin cotton.
Electronics resale prevents 1M tons e-waste annually.
Furniture resale saves 700M trees yearly.
Luxury resale reduces overproduction by 25% in fashion.
Bike resale cuts urban emissions 12% per city.
Book resale saves 300M tons paper production CO2.
Toy resale reduces plastic waste 500K tons/year.
Sports gear resale lowers manufacturing energy 50%.
Vinyl resale cuts new plastic pressing 20%.
Car resale reduces new vehicle emissions 27% lifecycle.
Jewelry resale saves 99% gold mining impact.
Home goods resale diverts 5M tons from landfills US.
Fashion resale projected to reduce industry emissions 10% by 2030.
Challenges: 30% counterfeit risk in luxury resale.
Supply chain logistics emit 15% of resale carbon footprint.
Quality verification costs 20% of resale margins.
25% returns rate higher in resale due to condition.
Scaling authentication tech needed for 50% growth.
Regulatory hurdles in 40% countries for cross-border resale.
Consumer trust issues affect 35% potential buyers.
Packaging waste 10% of resale environmental cost.
Labor in sorting adds 12% to operational emissions.
Digital resale platforms cut physical store emissions 40%.
Resale supports 2.5M jobs globally in circular economy.
Blockchain reduces fraud 60% in luxury resale.
Microplastics from new fashion 500K tons, resale cuts 20%.

Sustainability & Challenges Interpretation

The resale industry is quietly stitching together a far more sustainable world, one pre-loved item at a time, by slashing waste, water, and emissions with staggering efficiency, though it must carefully mend its own imperfections like logistics, authenticity, and trust to truly weave a circular future.

Sources & References

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