DODOBird：Your Expert for Second-Hand Clothing Sourcing

  I. Introduction The global secondhand apparel market is growing rapidly, and the 2024 Resale Report by ThredUp, now in its 12th year, shows the trends and the role the government can play in the fashion industry’s sustainable future. The report contains research and data from GlobalData and other sources, covering various aspects of the resale market. II. Market Sizing A. Global Secondhand Apparel Market Growth Projection:  Expected to reach $350 billion by 2028, growing 3X faster than the overall global apparel market. The market grew 18% in 2023 and is expected to grow at a CAGR of 12% between 2023 and 2028. By 2025, 10% of the global apparel market is expected to be made up of secondhand. Regional Values:  In 2021, Asia was at $141B, Europe at $167B, North America at $197B, South America, Africa, Australasia had values increasing over the years, reaching $230B in 2024, $264B in 2025, $295B in 2026, $324B in 2027, and $350B in 2028. B. U.S. Secondhand Apparel Market G...