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The Apparel Resale Market size is expected to reach nearly USD 184.49 Bn. by 2030, as per Stellar Market Research

08-28-2024 06:59 AM CET | Consumer Goods & Retail

Press release from: STELLAR MARKET RESEARCH

Apparel Resale Market

Apparel Resale Market

The Apparel Resale Market size was valued at USD 72.52 Bn. in 2023 and the total Apparel Resale Market revenue is expected to grow at a CAGR of 14.27 % from 2024 to 2030, reaching nearly USD 184.49 Bn. by 2030.

Apparel Resale Market Dynamics

The growth of reselling platforms is extending the lifecycle of branded apparel, with brands like Gucci offering portals for used items to promote inclusivity and sustainability without diminishing brand value. Platforms like Tradesy and Poshmark are responding to increased demand, integrating with the circular economy by encouraging reuse, repair, and recycling. The rise of vintage clothing is also driving market growth, as consumers seek durable, stylish, and sustainable options. However, challenges remain, such as limited availability of sizes and lingering perceptions that pre-owned items are of lower quality. Despite these issues, younger consumers are increasingly turning to resale markets for trendy, affordable fashion.

To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/apparel-resale-market/2348

Apparel Resale Market Regional Insights

The North American Apparel Resale Market has been a dominant region in 2023. With conscious customers and a healthy population of influencers on social media promoting sustainable fashion has driven the Apparel Resale Market. The U.S. apparel resale market held the largest market share, and the Canada apparel resale market was the fastest growing market in the region. Europe and East Asian countries with a huge middle class are the largest exporters.

Apparel Resale Market Scope:

Market Size in 2023 USD 72.52 Bn.

Market Size in 2030 USD 184.49 Bn.

CAGR 14.27% (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/apparel-resale-market/2348

Apparel Resale Market Segments

By Product Type

Dresses & Tops
Shirts & T-Shirts
Sweaters, Coats & Jackets
Jeans & Pants
Others

By Apparel Sector

Resale
Traditional Thrift Stores & Donations

By Target Population

Men
Women
Kids

By Sales Channel

Wholesalers/Distributors
Hypermarkets/Supermarkets
Multi-brand Stores
Independent Small Stores
Departmental Stores
Online Retailers
Other Sales Channel

Apparel Resale Market Players

Thredup Inc. (USA)
The RealReal (USA)
Poshmark (USA)
A&E Used Clothing Wholesale (USA)
EBay Inc. (USA)
Mobacotex (Spain)
Tradesy (USA)
StockX (USA)
Macy (USA)
Mercari (USA)
Rebag Company (USA)
Refashioner (USA)
Swap.com (USA)
HunTex Recycling Kft (Hungary)
British Used Clothing Company (UK)
Depop (UK)
Vinted (UK)
Micolet (Spain)
Percentil Maroc (Spain)
Thrift+ (UK)
Chikatex (Spain)

To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/apparel-resale-market/2348

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Contact Stellar Market Research:

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Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

sales@stellarmr.com

+91 9607365656

About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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