Second Hand Trading Platform Market Report 2026

The second hand trading platform market size has grown rapidly in recent years. It will grow from $15.61 billion in 2025 to $17.86 billion in 2026 at a compound annual growth rate (CAGR) of 14.4%. The growth in the historic period can be attributed to increasing consumer price sensitivity, growth of online marketplaces, rising environmental awareness, expansion of smartphone penetration, growth of informal resale economies.

The second hand trading platform market size is expected to see rapid growth in the next few years. It will grow to $30.36 billion in 2030 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to increasing adoption of circular economy models, rising integration of secure digital payment systems, growing demand for authenticated resale goods, expansion of cross-border second-hand trade, increasing platform monetization innovations. Major trends in the forecast period include increasing adoption of peer-to-peer resale platforms, rising popularity of mobile-first second-hand marketplaces, growing demand for trust and authentication features, expansion of category-specific resale platforms, enhanced focus on sustainable consumption.

The increasing popularity of e-commerce is expected to drive the growth of the second-hand trading platform market. E-commerce refers to the buying and selling of goods or services over the internet, including online transactions and digital payments. Its popularity continues to rise due to the unparalleled convenience it offers, allowing consumers to shop anytime and anywhere. This convenience significantly reduces the time and effort compared to in-store shopping. The growth of e-commerce has made second-hand trading more accessible and convenient, encouraging broader consumer participation. The reach, ease of use, and secure transactions associated with e-commerce have helped normalize resale shopping, especially among budget- and eco-conscious buyers. For example, in February 2025, Eurostat, a Luxembourg-based government agency, reported that 94% of individuals aged 16-74 in the EU used the internet in 2024, with 77% of them making online purchases, and 46% specifically buying clothes, shoes, or accessories. This demonstrates the strong adoption of e-commerce, thus fueling the growth of the second-hand trading platform market.

Key companies in the second-hand trading platform market are focusing on advancing digital solutions, such as online peer-to-peer (P2P) resale platforms, to extend their reach to a broader consumer base. These platforms are virtual marketplaces where individuals can directly exchange used or second-hand items, bypassing traditional retailers or third-party intermediaries. For instance, in June 2024, SHEIN, a Singapore-based online fashion and lifestyle retailer, launched the SHEIN Exchange resale platform in Europe and the UK. The platform allows users to buy and sell pre-owned SHEIN products via the SHEIN app, with plans to expand to the UK and Germany in future phases. This initiative is part of SHEIN’s efforts to promote sustainable fashion by encouraging customers to engage in the circular economy.

In May 2024, eBay, a U.S.-based second-hand trading platform, partnered with Rakuten Group to assess U.S. demand for second-hand Japanese fashion goods. The collaboration aims to capitalize on the yen's depreciation and the growing interest in affordable, high-quality resale goods to expand cross-border trade. The partnership seeks to broaden sales channels for Rakuma vendors and ultimately expand its offerings to other global markets such as Canada, Australia, the UK, and Germany. Rakuten Group is a Japan-based eCommerce marketplace.

Major companies operating in the second hand trading platform market are Zalando SE, eBay Inc., ASOS plc, OLX Group, Mercari Inc., Vinted UAB, Depop Limited, ThredUp Inc., Poshmark Inc., Carousell Pte. Ltd., Cashify, Wallapop S.L., Vestiaire Collective SA, Trove Recommerce Inc., Decluttr, Shpock GmbH, Chairish Inc., Gazelle Inc., 5miles LLC, Plato's Closet.

North America was the largest region in the second hand trading platform market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the second hand trading platform market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the second hand trading platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The second-hand trading platform market consists of revenues earned by entities by providing services such as user verification and ratings, secure payment integration, logistics and delivery services, customer support, and dispute resolution. The market value includes the value of related goods sold by the service provider or included within the service offering. The second-hand trading platform market also includes sales of point-of-sale (POS) devices, refurbishment and testing tools, and logistics and delivery equipment. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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