ThredUp’s 12th Annual Resale Report Reveals Resale Grew 15X Faster than Retail in 2023
Conducted by third-party retail analytics firm GlobalData , the 12th annual study serves as the most comprehensive measure of the secondhand market globally and in the U.S., with forward looking projections through 2033.
- Conducted by third-party retail analytics firm GlobalData , the 12th annual study serves as the most comprehensive measure of the secondhand market globally and in the U.S., with forward looking projections through 2033.
- Now in its 12th year, the Resale Report shows some of the most promising signals of what that future could look like with increased levels of support.
- The U.S. secondhand apparel market grew 7 times faster than the broader retail clothing market in 2023.
- 52% of retail executives say they’d adopt circular business models if there were government-sponsored financial incentives for doing so.