Second-Hand Market | Apparel

MD IMRAN KHAN May 9, 2025 No Comments

The development second-hand goods trade is advancing rapidly alongside the one of newly manufactured products which prompts a projection that the former will eventually pass the latter in the future. (Yulia Hristova, 2020)

  • $24B for 2018 globally speaking(ThredUP, 2018);
  • it is projected to increase to $ 51B by the end of 2023 or by 15% CAGR (ThredUP, 2018);
  • BGN 114 million revenue for 2017 in Bulgaria (Monitor, 2018).