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Used Goods Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Used Goods Stores Market Research Report | NAICS 45331 | Nov 2016

All things new: Rising disposable income due to economic recovery will hurt revenue

IBISWorld’s Used Goods Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • As the economic recovery gains traction, external competition will continue to increase
  • External competitors have stolen sales from industry operators by offering low prices for new merchandise
  • Anticipated gains in disposable income will cause individuals to opt for new goods
  • ... purchase to read more

Industry Analysis & Industry Trends

The Used Goods Stores industry was able to capitalize on the recession, but industry performance has suffered with the recovering economy. Rising unemployment rates led to decreasing per capita disposable income levels, forcing consumers to cut their discretionary spending. As a result, many consumers who customarily shopped at department stores turned to industry establishments to purchase inexpensive used goods instead of new merchandise. However, revenue is expected to fall, alongside general macroeconomic improvements. Over the five years to 2021, industry revenue is projected increase at a slower pace than the previous five-year period, largely as a result of rising disposable income and competition levels... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Used Goods Stores industry operates with a low level of market share concentration. The top three companies account for an estimated 36.1% of total industry revenue in 2016, representing an increase from 30.1% of the total in 2011. Despite the highly fragmented nature of the industry, market share concentration has increased over the past five years. Increasing establishment numbers for the industry's major players and strengthened marketing efforts largely explain this growth. Industry operators made great efforts to bolster their brand image during the five-year period, as the recession brought in a number of new consumers who had previously not shopped for used goods. As .. ... purchase to read more

Additional Insights for the Used Goods Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Used Goods Stores Industry are

  • Economies of scope
  • Attractive product presentation
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Poverty rate in the Used Goods Stores industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Used Goods Stores Industry?

    Used goods stores collect or purchase used merchandise and sell these goods directly to consumers. The industry includes thrift stores and pawnshops but excludes stores that sell secondhand motor vehicles and parts such as automobiles, recreational vehicles, motorcycles, boats and tires.

    Industry Products
    Clothing, footwear and accessories Furniture, appliances and home furnishingsEntertainment, recreation and culture productAntiques and collectables
    Industry Activities
    Selling used women's, juniors' and misses' wearSelling used furniture, sleep equipment and outdoor furnitureSelling used booksSelling used kitchenware and home furnishingsSelling used jewelry and watchesSelling used children's wearSelling used men's wear

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Poverty rate
  • National unemployment rate
  • Number of broadband connections
  • Current Performance
  • Change in the face of recession
  • New customers for used goods
  • Chart: Revenue Growth
  • Industry Outlook
  • Slower growth
  • Online competition intensifies
  • Table: Used Goods Stores Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Used Goods Stores Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Orphanages & Group Homes
  • Adoption & Child Welfare Services
  • Consumers
  • Key Selling Industries
  • Business Service Centers
  • Consumers
  • Private Schools
  • Public Schools
  • Products & Services
  • Clothing, footwear and accessories
  • Furniture, appliances and home furnishings
  • Other
  • Antiques and collectables
  • Entertainment, recreation and culture product
  • Chart: Used Goods Stores Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Consumers aged 45 to 64
  • Consumers aged 18 to 44
  • Consumers aged 65 and older
  • Retailers
  • Wholesalers
  • Other
  • Chart: Major Market Segmentation for the Used Goods Stores Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Used Goods Stores
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Used Goods Stores Industry
  • Industry Globalization
    Major Companies
    Goodwill Industries International Inc.
    Savers Inc.
    Winmark Corporation
  • Table: Goodwill Industries International Inc. - financial performance
  • Table: Savers Inc. - financial performance
  • Table: Winmark Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Used Goods Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Used Goods Stores Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per Capita Disposable Income (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • A store that has a physical presence and location, as opposed to an online retailer.
  • Consignment Shop
  • A used goods store that pays a portion of a sale's proceeds to the original owner of the good.
  • E-Tailer
  • A retailer that primarily sells goods and services via the internet. Many of these companies do not have brick-and-mortar locations.
  • Point-Of-Sale (Pos)
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Used Goods Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Used Goods Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Used Goods Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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