ThredUp’s 2025 Resale Report: Unraveling the Future of Secondhand Fashion
Oakland, California – In a world where sustainability and affordability are becoming increasingly important, the secondhand market is thriving. ThredUp, a leading online resale platform for apparel, shoes, and accessories, recently released the findings of its 13th annual 2025 Resale Report. This comprehensive study, conducted by the retail analytics firm GlobalData, offers valuable insights into the current state and future projections of the global and US secondhand market, extending through 2034.
Key Insights from the 2025 Resale Report
The report reveals several noteworthy trends shaping the secondhand market:
- Growing Market Size: The global secondhand market is projected to reach $77 billion by 2025, with the US market accounting for approximately $36 billion of that total.
- Age and Demographics: Millennials and Gen Z are the primary drivers of the secondhand market, with 40% of consumers in these age groups having purchased secondhand items in the past 12 months.
- Sustainability: Consumers are becoming more conscious of their environmental impact, with 71% of secondhand buyers citing sustainability as a reason for their purchases.
- Tariff and Trade Implications: The report also explores the potential impact of tariffs and trade policies on the secondhand market, suggesting that these factors could lead to increased demand for domestic resale platforms.
How the 2025 Resale Report Affects You
As a consumer, the 2025 Resale Report highlights the growing importance of secondhand shopping, both in terms of affordability and sustainability. With the market projected to continue growing, you’ll have access to an even wider selection of high-quality, pre-owned items at lower prices than ever before. Additionally, as more consumers turn to secondhand shopping for environmental reasons, you’ll likely find that the stigma surrounding buying used items fades away, making it an even more socially acceptable choice.
How the 2025 Resale Report Affects the World
On a larger scale, the 2025 Resale Report suggests that the secondhand market will play a significant role in reducing textile waste and minimizing the environmental impact of the fashion industry. With the increasing awareness of sustainability and the growing popularity of secondhand shopping, it’s likely that we’ll see a shift towards a more circular fashion economy, where resources are reused and recycled rather than being discarded after a single use. Furthermore, the report’s findings about tariffs and trade implications could lead to the rise of domestic resale platforms, potentially creating new economic opportunities and jobs in various industries.
Conclusion
ThredUp’s 2025 Resale Report offers a compelling glimpse into the future of secondhand shopping, providing valuable insights into market trends, consumer behavior, and the broader implications of the secondhand market on our economy and environment. As we continue to navigate the ever-evolving world of fashion, it’s clear that secondhand shopping will play an increasingly important role, offering consumers affordable, sustainable, and socially responsible alternatives to traditional retail. So, whether you’re a conscious consumer or a business owner, the 2025 Resale Report is a must-read for anyone interested in the future of fashion and sustainability.
