In 2022, The RealReal was the fashion company based on a circular business model that generated the highest revenue, with roughly 603.5 million U.S. dollars. In that same year there were almost one million active buyers on the platform.
Revenue of leading fashion rental and resale platforms worldwide in 2022
(in million U.S. dollars)
Data has been compiled by Statista using the following sources:
The RealReal annual report, page 66. Year ended December 31, 2022.
Poshmark's 2022 annual report release was disrupted by the company's takeover. Figures are taken from the 2021 annual report, page 54. Year ended December 31, 2021.
ThredUp annual report, page 62. Year ended December 31, 2022.
Rent the Runway annual report, page 89. Year ended January 31, 2023.
Depop figures are taken from another source using figures from Etsy and WSJ.
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Statista. (May 31, 2023). Revenue of leading fashion rental and resale platforms worldwide in 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/1309246/circular-fashion-company-revenues-worldwide/
Statista. "Revenue of leading fashion rental and resale platforms worldwide in 2022 (in million U.S. dollars)." Chart. May 31, 2023. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/1309246/circular-fashion-company-revenues-worldwide/
Statista. (2023). Revenue of leading fashion rental and resale platforms worldwide in 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/1309246/circular-fashion-company-revenues-worldwide/
Statista. "Revenue of Leading Fashion Rental and Resale Platforms Worldwide in 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 31 May 2023, https://www.statista.com/statistics/1309246/circular-fashion-company-revenues-worldwide/
Statista, Revenue of leading fashion rental and resale platforms worldwide in 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1309246/circular-fashion-company-revenues-worldwide/ (last visited October 03, 2024)
Revenue of leading fashion rental and resale platforms worldwide in 2022 (in million U.S. dollars) [Graph], Statista, May 31, 2023. [Online]. Available: https://www.statista.com/statistics/1309246/circular-fashion-company-revenues-worldwide/