Home > Consumer Goods & Services > Home Improvement > Second-hand Homeware Market
Second-hand Homeware Market size was valued at around USD 28.5 billion in 2023 and is estimated to register a CAGR of around 5.4% between 2024 and 2032. Customers are buying used household items to reduce wastage and lower their carbon footprint as they become more conscious of environmental deterioration and climate change. People are increasingly inclined to buy & sell used goods to prolong their lifespan as they support the circular economy, which recycles and reuses resources.
The accessibility of pre-owned household items might differ significantly based on one's geographical location, with certain areas offering a reduced selection. Buyer options may be limited by the rarity of certain homeware categories in the used market. Potential customers may lose faith in used home goods due to their variable quality. It can be difficult for purchasers to assess fair value for used goods as prices might vary widely.
Report Attribute | Details |
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Base Year: | 2023 |
Second-hand Homeware Market Size in 2023: | USD 28.5 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 45.3 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 410 |
Tables, Charts & Figures: | 490 |
Segments covered: | Product Type, Condition, Price Range, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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