# Secondhand Surge: Inflation, Product Scarcity, and New Tech Platforms Fuel Resale Market

- Link: https://www.widthness.com/secondhand-surge-inflation-product-scarcity-and-new-tech-platforms-fuel-resale-market/
- Published: 2022-07-10T09:15:29-05:00
- Author: Curated by Theresa Wysocki

Photo caption: Online reseller thredUP found in its annual report that online resale is the fastest-growing source of secondhand sales. — ThredUP. Article by: Joan Verdon. US Chamber of Commerce – July 07, 2022. Why it matters: Resale is one of the fastest growing segments of the retail economy. In the clothing sector, the resale market is expected to grow 16 times faster than non-resale over the next four years. More consumers are saying they are willing to buy secondhand, with interest in categories like furniture, appliances, and electronics growing. Online resale platforms have spurred the growth of hundreds of small businesses specializing in secondhand goods. […] Click here to view original web page at www.uschamber.com