According to foreign media reports, the report statistics that the second-hand clothing market expanded 21 times faster than traditional clothing retail in 2019, and the value of the SECOND-HAND clothing market in the United States is expectAccording to foreign media reports, the report statistics that the second-hand clothing market expanded 21 times faster than traditional clothing retail in 2019, and the value of the SECOND-HAND clothing market in the United States is expected to more than triple in the next 10 years -- from $28 billion in 2019 to $80 billion in 2029.
Cheaper and greener second-hand clothing could bring a profound transformation to the global clothing industry, reshaping the fast fashion business model that has been characterised by cheap, disposable clothing.
Fast fashion has grown exponentially over the past two decades, dramatically changing the fashion landscape by producing more clothing, distributing it faster and encouraging consumers to buy too much at lower prices. But while the consumption pattern of fast fashion has been criticized in recent years in the wake of environmental awareness, the second-hand clothing trend has the potential to mitigate the industry's negative impact on the planet.
The fashion industry has long been associated with environmental issues. Currently, less than 1 percent of the raw materials used to make clothes are recycled to make new clothes, costing $500 billion a year in wasted materials, according to the survey. The textile industry produces more carbon emissions than the aviation and shipping industries combined. About 20% of global water pollution is caused by wastewater from textile production and finishing.
Buying used clothing offers consumers a more environmentally friendly option. Unlike cheap fast fashion products, high quality second-hand clothes actually last longer. The rise of second-hand clothing is something of an environmental victory.
In addition, there is a trend for a "fashion flip," especially among younger consumers. Contrary to stereotypes of shabby and unseemly, many consumers believe second-hand clothes are of the same or better quality than unworn clothes.
The global economic downturn caused by the pandemic also appears to have contributed to the rise in second-hand clothing trends. During the pandemic, consumers not only reduced the amount of non-essential items such as clothing, but also reduced the purchase budget of individual clothing items.
Focusing on second-hand goods, and marketing them in conjunction with environmental concepts, may be a new way for independent sellers to choose their products.