Circular Fashion Resale Platforms Market

The circular fashion resale market consists of online platforms that facilitate the trade of pre-owned apparel, footwear, accessories, and luxury goods. The primary customers are consumers, particularly younger generations, who are motivated by sustainability and the financial benefits of second-hand shopping. Key growth drivers include rising consumer awareness of fast fashion's environmental impact, the expansion of digitalization and e-commerce, and a growing cultural preference for sustainable practices.

CAGR

14.5%

Compound Annual Growth Rate

Current Value

$32.4B

Estimated 2026

Projected Value

$95.8B

By 2034

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