The global secondhand
apparel market is expected to reach $367 billion by 2029.
This year’s Resale Report reveals that as consumers are increasingly thinking secondhand first, the retail industry is adopting powerful new pathways for resale. From the integration of social commerce and innovative AI applications to the establishment of trade organizations and interfacing with government and policymakers – it’s clear why resale is seeing accelerated growth.
– James Reinhart, ThredUp CEO