2022 US secondhand apparel market expanded 7x faster than broader retail clothing market, reaching $43B and projected to reach $73B by 2028.
Inflation drives secondhand clothing sales growth: US secondhand apparel market expanded seven times faster than broader retail clothing market in 2022, according to ThredUp's Resale Report 2024. The US secondhand apparel market is expected to reach $73 billion by 2028, up 11% to $43 billion last year. The global secondhand apparel market grew 15 times larger than the broader retail market last year, and ThredUp predicts a 12% annual growth rate, reaching $350 billion by 2028.
March 27, 2024
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