Europe Second-hand Apparel Market Growth, Size, Trends, Demand, Revenue and Future Outlook: SPER Market Research

Q: How can I get a sample report on the Europe Second-hand Apparel Market?

You can get the sample pages by clicking the link - Click Here

Published: Apr 2024	Report ID: FMCG2485	Pages: 1 - 155	Formats^*:
Category : Consumer & Retail

Europe Second-hand Apparel Market Introduction and Overview

According to SPER Market Research, the Europe Second-hand Apparel Market is estimated to reach USD 37.34 billion by 2033 with a CAGR of 7.98%.

The report includes an in-depth analysis of the Europe Second-hand Apparel Market, including market size and trends, product mix, distribution channels, and supplier analysis. The term "second-hand apparel" describes clothes that have been owned and worn by someone else before being put up for sale. Because of its advantages for the economy and environment, this market area has become increasingly popular in recent years. By extending the life of clothing goods through second-hand purchases, consumers lessen the impact of the fashion industry—which is infamous for its waste and pollution—on the environment by lessening the demand for new manufacturing. Second-hand clothing also frequently provides distinctive and vintage items at lower costs than brand-new clothing, opening up fashion to a wider spectrum of customers.

Market Opportunities and Challenges

Opportunities: Expanding the Market for Luxury Resale. The market for luxury resale is expanding at a rapid pace. People's aspirations to be value-conscious are growing, as seen by their desire to have access to high brand products at comparatively reduced costs. Therefore, authorized pre-owned designer goods that entice customers to indulge in luxury fashion with minimal environmental impact are not the only thing that luxury resale platforms recycle; they also necessitate significantly lower initial outlays.

Challenges: The market for used clothing in Europe is experiencing growth, but it still confronts a number of challenges. Wearing used clothing is still stigmatized in some parts of society, which can prevent pre-owned clothing from being accepted more widely. This is one major problem. It's also challenging to guarantee quality, authenticity, and consistency across many platforms and businesses due to the market's fragmentation and lack of standardization, which affects both buyers and sellers. Operational difficulties in this sector can further increase intricacy and expense. These difficulties include inventory management, storage, and shipping.

Get more information on this report: Download Free Sample PDF

Market Competitive Landscape

The Second-hand Apparel market in Europe is moderately consolidated. Some of the market key players are Artpal, Depop, eBay, Etsy, F&P Stock Solutions, Farfetch, Garson & Shaw, Rubylane, Spoonflower, StockX, Vestaire Collective, Vinted, Yaga.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Product Type, By Sector, By Consumer Orientation, Sales Channel
Regions covered	Germany, France, Italy, Spain, UK, Rest of Europe
Companies Covered	Artpal, Depop, eBay, Etsy, F&P Stock Solutions, Farfetch, Garson & Shaw, Rubylane, Spoonflower, StockX, Vestaire Collective, Vinted, Yaga.

COVID-19 Impact on Europe Second-hand Apparel Market

The COVID-19 pandemic has had a profound impact on the Europe second-hand apparel market. Initially, as lockdowns and restrictions were implemented across the continent, brick-and-mortar thrift stores faced closures, leading to a significant drop in foot traffic and sales. This forced many businesses to pivot to online platforms, accelerating the shift towards e-commerce within the second-hand sector. However, despite the overall resilience of online sales, supply chain disruptions and logistical challenges arose due to disrupted international trade and shipping delays. Consumer behaviour also shifted, with a heightened focus on essentials and a decrease in discretionary spending, impacting the demand for non-essential items like second-hand clothing.

Key Target Audience:

Environmental Advocates
Budget-Conscious Consumers
Fashion Enthusiasts
Sustainable Lifestyle Followers
Bargain Hunters
Vintage Fashion Collectors

Our in-depth analysis of the Europe Second-hand Apparel Market includes the following segments:

Digital Advertising Market:	Party, Evening & Occasion Dresses & Tops Shirts & T-Shirts Sweater Coats & Jackets Jeans & Pants
By Consumer Orientation:	Men Women Kids
By Sector:	Resale Traditional Thrift Stores & Donations
By Sales Channel:	Wholesalers/Distributors Hypermarkets/Supermarket Multi-brand Store Independent Small Stores Online Retailers Others

Key Topics Covered in the Report:

Europe Second-hand Apparel Market Size (FY’2024-FY’2033)

Overview of Europe Second-hand Apparel Market

Segmentation of Europe Second-hand Apparel Market By Product Type (Party, Evening & Occasion, Dresses & Tops, Shirts & T-Shirts, Sweater, Coats & Jackets, Jeans & Pants, Others)

Segmentation of Europe Second-hand Apparel Market By Sector (Resale, Traditional Thrift Stores & Donations)

Segmentation of Europe Second-hand Apparel Market By Consumer Orientation (Men, Women, Kids)

Segmentation of Europe Second-hand Apparel Market By Sales Channel (Wholesalers/Distributors, Hypermarkets/Supermarket, Multi-brand Store, Independent Small Stores, Online Retailers, Others)

Expansion Analysis of Europe Second-hand Apparel Market

Problems and Obstacles in Europe Second-hand Apparel Market

Competitive Landscape in the Europe Second-hand Apparel Market

Impact of COVID-19 and Demonetization on Europe Second-hand Apparel Market

Details on Current Investment in Europe Second-hand Apparel Market

Competitive Analysis of Europe Second-hand Apparel Market

Prominent Players in the Europe Second-hand Apparel Market

SWOT Analysis of Europe Second-hand Apparel Market

Europe Second-hand Apparel Market Future Outlook and Projections (FY’2024-FY’2033)

Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Second-hand Apparel Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Europe Second-hand Apparel Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Second-hand Apparel Market

7. Europe Second-hand Apparel Market, By Product Type (USD Million)

7.1. Europe Second-hand Apparel Market Value Share and Forecast, By Product Type, 2024-2033
7.2. Party, Evening & Occasion
7.3. Dresses & Tops
7.4. Shirts & T-Shirts
7.5. Sweater
7.6. Coats & Jackets
7.7. Jeans & Pants
7.8. Others

8. Europe Second-hand Apparel Market, By Sector (USD Million)

8.1. Europe Second-hand Apparel Market Value Share and Forecast, By Sector, 2024-2033
8.2. Resale
8.3. Traditional Thrift Stores & Donations

9. Europe Second-hand Apparel Market, By Consumer Orientation (USD Million)

9.1. Europe Second-hand Apparel Market Value Share and Forecast, By Consumer Orientation, 2024-2033
9.2. Men
9.3. Women
9.4. Kids

10. Europe Second-hand Apparel Market, By Sales Channel (USD Million)

10.1. Europe Second-hand Apparel Market Value Share and Forecast, By Sales Channel, 2024-2033
10.2. Wholesalers/Distributors
10.3. Hypermarkets/Supermarket
10.4. Multi-brand Store
10.5. Independent Small Stores
10.6. Online Retailers
10.7. Others

11. Europe Second-hand Apparel Market Forecast, 2020-2033 (USD Million)

11.1. Europe Second-hand Apparel Market Size and Market Share

12. Europe Second-hand Apparel Market, By Product Type, 2020-2033 (USD Million)

12.1. Europe Second-hand Apparel Market Size and Market Share By Product Type (2020-2026)
12.2. Europe Second-hand Apparel Market Size and Market Share By Product Type (2027-2033)

13. Europe Second-hand Apparel Market, By Sector, 2020-2033 (USD Million)

13.1. Europe Second-hand Apparel Market Size and Market Share By Sector (2020-2026)
13.2. Europe Second-hand Apparel Market Size and Market Share By Sector (2027-2033)

14. Europe Second-hand Apparel Market, By Consumer Orientation, 2020-2033 (USD Million)

14.1. Europe Second-hand Apparel Market Size and Market Share By Consumer Orientation (2020-2026)
14.2. Europe Second-hand Apparel Market Size and Market Share By Consumer Orientation (2027-2033)

15. Europe Second-hand Apparel Market, By Sales Channel, 2020-2033 (USD Million)

15.1. Europe Second-hand Apparel Market Size and Market Share By Sales Channel (2020-2026)
15.2. Europe Second-hand Apparel Market Size and Market Share By Sales Channel (2027-2033)

16. Europe Second-hand Apparel Market, By Region, 2020-2033 (USD Million)

16.1. Europe Second-hand Apparel Market Size and Market Share By Region (2020-2026)
16.2. Europe Second-hand Apparel Market Size and Market Share By Region (2027-2033)
16.3. Germany
16.4. France
16.5. Italy
16.6. Spain
16.7. UK
16.8. Rest of Europe

17. Company Profile

17.1. Artpal
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Depop
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. eBay
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Etsy
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. F&P Stock Solutions
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Farfetch
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Garson & Shaw
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Rubylane
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Spoonflower
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. StockX
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Vestaire Collective
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. Vinted
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. Yaga
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments
17.14. Others

18. List of Abbreviations

19. Reference Links

20. Conclusion

21. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is the Europe Second-hand Apparel Market?

Europe Second-hand Apparel Market is projected to reach USD 37.34 billion by 2033, growing at a CAGR of 7.98% during the forecast period.

What is the growth rate of the Europe Second-hand Apparel Market?

Europe Second-hand Apparel Market size from 2022. The Market is expected to reach USD37.34 billion by 2033, at a CAGR of 7.98% during the forecast period.

What is the anticipated CAGR of the Europe Second-hand Apparel Market?

Europe Second-hand Apparel Market CAGR of 7.98% during the forecast period.

How can I get a sample report on the Europe Second-hand Apparel Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the Europe Second-hand Apparel Market?

Europe Second-hand Apparel Market size is 37.34 billion from 2024 to 2033.

Which segment is expected to Europe Second-hand Apparel Market?

Europe Second-hand Apparel Market Segment is covered By Product Type, By Sector, By Consumer Orientation, Sales Channel.

Which region is expected to have the highest market share in the Europe Second-hand Apparel Market?

The Europe is anticipated to have the highest market share in the Europe Second-hand Apparel Market.

Who are the key players in Europe Second-hand Apparel Market?

The key players in the market include Companies Covered Artpal, Depop, eBay, Etsy, F&P Stock Solutions, Farfetch, Garson & Shaw, Rubylane, Spoonflower, StockX, Vestaire Collective, Vinted, Yaga.

What is the conclusion of the Europe Second-hand Apparel Market?

Second-hand clothing also frequently provides distinctive and vintage items at lower costs than brand-new clothing, opening up fashion to a wider spectrum of customers.