From Rags to Riches
Fifteen years ago, when we heard the word ‘second-hand’, car boot sales and charity shops sprung to mind.
Today, it’s come to mean something very different. The second-hand goods market (outside of China) is worth $180bn, dwarfed by the second-hand market for autos, but still as large as the GDP of Greece.
This growth began with the internet, but it was the shift to online marketplaces that revolutionised the sector.
What we cover in this report
- 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?
- What’s in store for the future of second-hand?
- What are the implications for companies and investors?
Key Contacts
Mostyn Goodwin
Partner
Ankul Wangoo
Associate Partner
Fifteen years ago, when we heard the word ‘second-hand’, car boot sales and charity shops sprung to mind.
Today, it’s come to mean something very different. The second-hand goods market (outside of China) is worth $180bn, dwarfed by the second-hand market for autos, but still as large as the GDP of Greece.
This growth began with the internet, but it was the shift to online marketplaces that revolutionised the sector.
What we cover in this report
- 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?
- What’s in store for the future of second-hand?
- What are the implications for companies and investors?
Key Contacts
Mostyn Goodwin
Partner
Ankul Wangoo
Associate Partner
Suggested reports
View all reports
Wednesday 22nd May 2024
Training Transformed – The Skills Gap, AI, and the New Corporate Classroom
The landscape of the Learning and Development (L&D) industry is currently undergoing significant transformation. This change is propelled by a combination of robust market...
Tuesday 14th May 2024
Embedded Finance – Opportunities for ERP and payroll SaaS providers
Embedded finance presents a significant opportunity for SaaS ERP and payroll providers. Our research indicates that businesses who invest in embedded finance solutions can...
Wednesday 20th March 2024
Cybersecurity’s next winners – Specialist Service Partners and MSPs/VARS
Cyber security is notoriously high-growth and acyclical so it rightly attracts significant attention from investors. However, the space is increasingly complex and rapidly changing....
Friday 15th December 2023