Fed up with Vinted? Try These Hand-Picked Resale Sites Instead
UNITED KINGDOM, JUL 21 – UK consumers saved £5.6 billion in 2024 by buying pre-owned goods amid rising costs and environmental concerns, with spending set to reach £4.8 billion in 2025, CEBR reports.
- Earlier this year, research by the Centre for Economics and Business Research projects the UK second-hand shopping market will reach £4.8 billion, up from £4.3 billion in 2024.
- Research findings highlight three key drivers, including cost-of-living pressures , expanded product selection and environmental awareness , according to research by the Centre for Economics and Business Research.
- Consumer figures confirm spending patterns reveal that average monthly spending rose to £124.80 from £58.40, ATTRIBUTION: YES- Centre for Economics and Business Research.
- Yet, barriers such as product condition concerns , lack of warranties , and seller trust issues must be addressed by retailers, research by the Centre for Economics and Business Research says.
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Resale Is Rising, But Product Data Could Determine What It’s Really Worth
Get our news analysis delivered to your inbox. Key Takeaways: The UK’s second-hand fashion market is projected to hit over £4.8 billion this year, indicating a significant shift in consumer behaviour towards thrift and sustainability. This growth (emblematic of a wider global trend), alongside nearly 200 million products remaining in circulation annually, signals a potential erosion of first-hand sales as consumers save billions by purcha…
In 2025, fashion is no longer just about “being trendy.” It means being aware of the environmental impact of your choices, managing your budget wisely, and building your authentic style.
Europe secondhand market to expand by US $ 2.33 billion in 2025
A recent study commissioned by Amazon projects that the European online market for used goods would expand by US $ 2.33 billion in 2025. Customers in Germany, France, the UK, Italy, and Spain saved an estimated US $ 43.91 billion over the previous five years by purchasing non-new products, according to data from business management […] The post Europe secondhand market to expand by US $ 2.33 billion in 2025 appeared first on Apparel Resources.
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