The second-hand fashion market is projected to grow exponentially in the European Union (EU) from 2021 to 2025. In 2021, the recommerce fashion market was valued at 16 billion euros, and it is expected to almost double by 2025. According to these forecasts, resale will surpass traditional thrift and donation for the first time in 2023, generating 11.9 billion euros versus 11.5 billion euros, respectively.
Value of the second-hand fashion market in the European Union (EU) from 2017 to 2025
(in billion euros)
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CBCommerce Europe. (December 12, 2021). Value of the second-hand fashion market in the European Union (EU) from 2017 to 2025 (in billion euros) [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/1368038/eu-second-hand-fashion-market-size/
CBCommerce Europe. "Value of the second-hand fashion market in the European Union (EU) from 2017 to 2025 (in billion euros)." Chart. December 12, 2021. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/1368038/eu-second-hand-fashion-market-size/
CBCommerce Europe. (2021). Value of the second-hand fashion market in the European Union (EU) from 2017 to 2025 (in billion euros). Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/1368038/eu-second-hand-fashion-market-size/
CBCommerce Europe. "Value of The Second-hand Fashion Market in The European Union (Eu) from 2017 to 2025 (in Billion Euros)." Statista, Statista Inc., 12 Dec 2021, https://www.statista.com/statistics/1368038/eu-second-hand-fashion-market-size/
CBCommerce Europe, Value of the second-hand fashion market in the European Union (EU) from 2017 to 2025 (in billion euros) Statista, https://www.statista.com/statistics/1368038/eu-second-hand-fashion-market-size/ (last visited October 08, 2024)
Value of the second-hand fashion market in the European Union (EU) from 2017 to 2025 (in billion euros) [Graph], CBCommerce Europe, December 12, 2021. [Online]. Available: https://www.statista.com/statistics/1368038/eu-second-hand-fashion-market-size/