1、uncommon senseTMFrom rags to riches The rise of the second-hand marketplace02|OC&C From rags to riches What we cover in How big is the second-hand market?Why is it so popular?What are the key factors driving second-hand growth?How is it transforming business models?Whats in store for the future of s

2、econd-hand?What are the implications for companies and investors?this reportsecond-hand goods is equivalent to the GDP of.The estimatedof second-hand goods are transacted through online marketplaces,the equivalent of.$180BN$90BNHow we created this report OC&C have conducted extensive desk research t

3、o estimate the size of secondhand markets through third party market and media reports Sizing was sourced at a vertical(e.g apparel&clothing,electronics,furniture etc)and market level(US,UK Europe etc)in most cases Where there were gaps in data,extrapolation was used to size the global market by est

4、imating a spend per capita on secondhand or using secondhand as a share of first hand and extrapolating to the remaining markets or verticals The report is focused on emerging secondhand categories and as a result,the more mature automotive category is excluded.China is also excluded from our figure

5、s given a different set of market dynamics and lack of reporting Sources include Statista,Ibisworld,Thredup,Euromonitor,Future Market Insights and media outlets such as Wall Street JournalOC&C From rags to riches|03By creating a large network ofbuyers and sellers in an easy-to-useuser interface,it i

6、s marketplaces that have leveraged this highly scalable,low investment model(vs traditional retail)to change the face of retail and how businesses interact with customers.It was only a matter of time until the second-hand market followed this trend.Historically reserved for charity shops and car boo