Secondhand shopping will boast first-rate growth amid retail slowdown

For more insights and key statistics on the biggest trends in today’s most disruptive industries, subscribe to our Chart of the Day newsletter.

The US online resale market is back on the rise this year, following a 6.6% decrease in 2022, according to our forecast. The trend shows no signs of slowing down over the next few years, with ecommerce resale volume surpassing $100 billion in 2026.

Beyond the chart: Total resale volume is growing at more than twice the speed of overall retail sales, by our estimates. High inflation and a growing awareness of sustainability are driving consumers to buy secondhand. AI could accelerate resale ecommerce even more, such as by authenticating luxury items and improving the quality of product descriptions.

More like this:

Methodology: Estimates are based on the analysis of survey and traffic data from other research firms, historical consumer adoption trends, and demographic adoption trends.