Industry Statistics and Trends
Second-Hand Goods Retailing in Europe key trends
The effect of rampant inflation weak incomes growth proves mixed.
Rising prices drive people into charity shops to refresh their wardrobes for less. However, some people are selling old clothes online to make money instead of donating.
Fast-fashion falls out of favour.
As bad feelings over fast fashion grow and people become more aware of the toll clothes can take on the planet, they’re turning to the preloved market instead of buying new.
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Second-Hand Goods Retailing in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Second-Hand Goods Retailing in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 3.9 % over the past five years, to reach an estimated €11.3bn in 2024.
Trends and Insights
Rampant inflation pushes Europeans to the second-hand market
- Spiralling inflation and lacklustre growth has led many Europeans to go on second-hand shopping sprees to hunt for a bargain.
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Second-Hand Goods Retailing in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Lacklustre growth prospects mean shopping second-hand remains in vogue
- One of the primary reasons consumers shop second-hand is the attractive price tag.
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Revenue
€11.3bn
Employees
127k
Wages
€X.Xbn
European Leaders & Laggards
Top 5 Countries
- Russia +22.8%
- Denmark +8.5%
- Luxembourg +6.7%
- Italy +6.3%
- Hungary +5.9%
Bottom 5 Countries
- Lithuania -6.1%
- Malta -5.0%
- Norway -4.4%
- United Kingdom -3.7%
- Croatia -3.5%
* CAGR values are for the years 2019-2024.
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Biggest companies in the Second-Hand Goods Retailing in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
British Heart Foundation | 568.6 | 83.5 | 14.7 | |
Oxfam Deutschland Shops gGmbH | 1,508.2 | 27.7 | 1.8 | |
Oxfam | 1,379.8 | 29.3 | 2.1 |
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Second-Hand Goods Retailing in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Second-Hand Goods Retailing industry in Europe in 2024?
The market size of the Second-Hand Goods Retailing industry in Europe is €11.3bn in 2024.
How many businesses are there in the Second-Hand Goods Retailing in Europe industry in 2024?
There are 75,131 businesses in the Second-Hand Goods Retailing industry in Europe, which has grown at a CAGR of 4.9 % between 2019 and 2024.
Has the Second-Hand Goods Retailing industry in Europe grown or declined over the past 5 years?
The market size of the Second-Hand Goods Retailing industry in Europe has been declining at a CAGR of 3.9 % between 2019 and 2024.
What is the forecast growth of the Second-Hand Goods Retailing industry in Europe over the next 5 years?
Over the next five years, the Second-Hand Goods Retailing industry in Europe is expected to grow.
What does the Second-Hand Goods Retailing in Europe include?
Clothing and footwear and Accessories are part of the Second-Hand Goods Retailing industry.
Which countries have the most businesses in the Second-Hand Goods Retailing industry in Europe?
The European country with the most businesses in the Second-Hand Goods Retailing industry is Russia.
How competitive is the Second-Hand Goods Retailing industry in Europe?
The level of competition is high and increasing in the Second-Hand Goods Retailing industry in Europe.
Related Industries
This industry is covered in 37 countries
- Second-Hand Goods Retailing in Greece
- Second-Hand Goods Retailing in Romania
- Second-Hand Goods Retailing in Norway
- Second-Hand Goods Retailing in Italy
- Second-Hand Goods Retailing in Denmark
- Second-Hand Goods Retailing in Turkey
- Second-Hand Goods Retailing in Cyprus
- Second-Hand Goods Retailing in Latvia
- Second-Hand Goods Retailing in Austria
- Second-Hand Goods Retailing in France
- Second-Hand Goods Retailing in Lithuania
- Second-Hand Goods Retailing in Sweden
- Second-Hand Goods Retailing in Poland
- Second-Hand Goods Retailing in Ireland
- Second-Hand Goods Retailing in Estonia
- Second-Hand Goods Retailing in Europe
- Second-Hand Goods Retailing in Spain
- Second-Hand Goods Retailing in Portugal
- Second-Hand Goods Retailing in Serbia
- Second-Hand Goods Retailing in the Netherlands
- Second-Hand Goods Retailing in Finland
- Second-Hand Goods Retailing in Croatia
- Second-Hand Goods Retailing in Slovenia
- Second-Hand Goods Retailing in Bulgaria
- Second-Hand Goods Retailing in Luxembourg
- Second-Hand Goods Retailing in Russia
- Second-Hand Goods Retailing in Slovakia
- Second-Hand Goods Retailing in Belgium
- Second-Hand Goods Retailing in Hungary
- Second-Hand Goods Retailing in Malta
- Second-Hand Goods Retailing in Bosnia & Herzegovina
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 ANTIQUEWhat's included in this industry?
Clothing and footwearAccessoriesFurniture and electronicsHomeware and soft furnishingsMiscellaneous items and delivery feesCompanies
British Heart FoundationOxfam Deutschland Shops gGmbHOxfamIndustry Code
4774 - Retail sale of second-hand goods in Europe
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Performance
Key Takeaways
Rampant inflation pushes Europeans to the second-hand market
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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 in the Second-Hand Goods Retailing in Europe industry (2011 -2029)
- Employees in the Second-Hand Goods Retailing in Europe industry (2011 -2029)
- Business in the Second-Hand Goods Retailing in Europe industry (2011 -2029)
- Profit in the Second-Hand Goods Retailing in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Second-Hand Goods Retailing in Europe industry?
Outlook
Analysis
What's driving the Second-Hand Goods Retailing in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Second-Hand Goods Retailing in Europe 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 Europe 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.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Second-Hand Goods Retailing in Europe industry's products and services performing?
Analysis
What are innovations in the Second-Hand Goods Retailing in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Second-Hand Goods Retailing in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
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)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (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.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 13 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for British Heart Foundation
- Countries of operation for Oxfam Deutschland Shops gGmbH
- Countries of operation for Oxfam
- Countries of operation for Cancer Research
- Countries of operation for Humana FPP
- Countries of operation for ADRA ops
- Countries of operation for Mercatopoli Pavia SRL
- Countries of operation for De Kingwinkel
- Countries of operation for De Kringwinkel
- Countries of operation for Caritas Internationalis
- Countries of operation for Emmaus France
- Countries of operation for Fidal SELAS
- Countries of operation for FIDA International
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.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Second-Hand Goods Retailing in Europe 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.
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 Europe 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?
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