According to Statista’s Second-hand apparel dossier, the value of the worldwide second-hand apparel market is forecast to hit $84 billion by 2030, which would mark a jump of $56 billion in just a decade. Statista analysts say that at this rate, fast fashion may soon be outpaced by the second-hand fashion market. Is this yet another sign of the growth of the ‘working poor’ in western nations as wage growth is outpaced by policy-induced inflation of everything else.
https://www.activistpost.com/2023/08/buying-second-hand-is-gaining-popularity.html
According to Statista’s Second-hand apparel dossier, the value of the worldwide second-hand apparel market is forecast to hit $84 billion by 2030, which would mark a jump of $56 billion in just a decade. Statista analysts say that at this rate, fast fashion may soon be outpaced by the second-hand fashion market. Is this yet another sign of the growth of the ‘working poor’ in western nations as wage growth is outpaced by policy-induced inflation of everything else. https://www.activistpost.com/2023/08/buying-second-hand-is-gaining-popularity.html
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Buying Second-Hand Is Gaining Popularity - Activist Post
As many as 60 percent of U.S. respondents say they have made at least one second-hand purchase in the past year.
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