Mobile Menu

Second-Hand Goods Retailing in Bulgaria - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

BG-G4774 March 2024 Factsheet

Revenue

€24.4m

2019-2024 13.0 %
2024-2029 X.X %

Employees

1,849

2019-2024 1.0 %
2024-2029 X.X %

Businesses

1,117

2019-2024 1.2 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 XX.X %
2024-2029 X.X %

Second-Hand Goods Retailing in Bulgaria market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014-2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in Bulgaria compared to Europe?

Country Benchmarking

Industry Data Bulgaria

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#25 In Europe
Business
#15 In Europe
Employees
#17 In Europe
Wages
#23 In Europe

View industry report for Europe

Over the five years through 2024, second-hand stores’ revenue is expected to inch downwards at a compound annual rate of 3.9%. The resale fashion market isn’t new. Initially viewed as just charity or thrift shops, consumer attitudes towards second-hand goods have shifted thanks to the sharing economy and Gen Z becoming a larger voice in the retail market. Interest in preloved goods has skyrocketed thanks to heightened environmental concerns and the ethical impacts of fashion – particularly fast fashion. The pandemic has also helped second-hand retailers, as many Europeans cleared out of their wardrobes during lockdowns, meaning additional donations and inventory for stores.

Unlock more insights on Bulgaria and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Biggest companies in the Second-Hand Goods Retailing in Bulgaria

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Second-Hand Goods Retailing in Bulgaria industry for IBISWorld to include in this product.

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Second-Hand Goods Retailing industry in Bulgaria in 2024?

The market size of the Second-Hand Goods Retailing industry in Bulgaria is €24.4m in 2024.

How many businesses are there in the Second-Hand Goods Retailing in Bulgaria industry in 2024?

There are 1,117 businesses in the Second-Hand Goods Retailing industry in Bulgaria, which has declined at a CAGR of 1.2 % between 2019 and 2024.

Has the Second-Hand Goods Retailing industry in Bulgaria grown or declined over the past 5 years?

The market size of the Second-Hand Goods Retailing industry in Bulgaria has been declining at a CAGR of 13.0 % between 2019 and 2024.

What is the forecast growth of the Second-Hand Goods Retailing industry in Bulgaria over the next 5 years?

Over the next five years, the Second-Hand Goods Retailing industry in Bulgaria is expected to grow.

What does the Second-Hand Goods Retailing in Bulgaria include?

Clothing and footwear and Accessories are part of the Second-Hand Goods Retailing industry.

How competitive is the Second-Hand Goods Retailing industry in Bulgaria?

The level of competition is high and steady in the Second-Hand Goods Retailing industry in Bulgaria.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Second-hand goods stores collect or purchase used merchandise and sell it on to consumers. The industry excludes pawnshops, used car retailers and retailers selling second-hand parts for automobiles, recreational vehicles, motorcycles and boats.

Related Terms

THRIFTINGENVIRONMENTAL CONSCIOUSNESS ANTIQUE

What's included in this industry?

Clothing and footwearAccessoriesFurniture and electronicsHomeware and soft furnishingsMiscellaneous items and delivery fees

Companies

Industry Code

ISIC 2006

4774 - Retail sale of second-hand goods in Bulgaria

View up to 0 companies with purchase. View purchase options.

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Second-Hand Goods Retailing in Bulgaria industry?


Outlook

Analysis

What's driving the Second-Hand Goods Retailing in Bulgaria industry outlook?


Volatility

Analysis

What influences volatility in the Second-Hand Goods Retailing in Bulgaria industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Second-Hand Goods Retailing in Bulgaria industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Gen Z and millennials increasingly turn to the second-hand market. Eco-consciousness is high in these age brackets, incentivising them to shop second hand. Affordability and the desire to curate unique looks also encourages them to bring in charity shop hauls.

View more insights with purchase. View purchase options.

Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Second-Hand Goods Retailing in Bulgaria industry's products and services performing?

Analysis

What are innovations in the Second-Hand Goods Retailing in Bulgaria industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Second-Hand Goods Retailing in Bulgaria industry?


International Trade

Highlights

  • Total Imports into Bulgaria
  • Total Exports into Bulgaria
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Wide product ranges keep market share concentration low. Second-hand stores are a utopia for collectors, with shops often selling various items – from clothing and footwear to furniture and electronics. The diversity makes it challenging to have a cohesive shopping brand.

View more insights with purchase. View purchase options.

Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Second-Hand Goods Retailing in Bulgaria located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Minimal regulations cover second-hand retailers. Second-hand goods retailers don't need to be registered, but all products must meet safety and labelling requirements. Most legislation applies to the broader retail sector and is easy to comply with.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Second-Hand Goods Retailing in Bulgaria industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Profit depends on the business structure and type of retailer. A lot of second-hand goods stores are charities, operating on a not-for-profit basis, so their margin is practically non-existent, bring the average margin down.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Second-Hand Goods Retailing in Bulgaria industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.