Vinted, an international second-hand marketplace, grew gross merchandise value 47% to 10.8 billion euros in 2025.
Why this market is moving now
- The global market is projected to reach $393 billion by 2030, growing more than twice as fast as overall apparel.
- Large marketplaces are scaling: Vinted's gross merchandise value rose 47% to 10.8 billion euros in 2025.
- The United States suspended duty-free de minimis treatment for low-value shipments from all countries from 29 August 2025.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| The global secondhand apparel market was worth $257 billion in 2025, up from $227 billion in 2024. | 257 USD billion | 2025 | |
| The global secondhand market grew by about 13% in 2025. | 13 % annual growth | 2025 | |
| The global secondhand apparel market is projected to reach $393 billion by 2030, growing more than twice as fast as the overall apparel market. | 393 USD billion (2030 projection) | 2030 | |
| The global secondhand apparel market is expected to grow by about 9% a year from 2025 to 2030. | 9 % CAGR 2025 to 2030 | 2025 | |
| Secondhand made up roughly 10% of global apparel spending in 2025. | 10 % of global apparel spend | 2025 | |
| Vinted, an international second-hand marketplace, had gross merchandise value of 10.8 billion euros in 2025, up 47% from 7.3 billion euros in 2024. | 10.8 EUR billion GMV | 2025 | |
| Vinted's revenue rose 38% to 1.1 billion euros in 2025, with net profit of 62 million euros. | 1.1 EUR billion revenue | 2025 | |
| ThredUp's revenue from continuing operations was $310.8 million in 2025, up from $260.0 million in 2024. | 310.8 USD million | 2025 | |
| The RealReal, which calls itself the world's largest online marketplace for authenticated resale luxury goods, reported gross merchandise value of $2.13 billion in 2025, up from $1.83 billion in 2024. | 2.13 USD billion GMV | 2025 | |
| The United States suspended duty-free de minimis treatment for low-value shipments from all countries from 29 August 2025. | 29 August 2025 effective date | 2025 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Companies to watch
Vinted
International second-hand marketplace; 2025 revenue of 1.1 billion euros, up 38%, and net profit of 62 million euros.
The RealReal
Luxury resale marketplace; 2025 gross merchandise value of $2.13 billion.
ThredUp
Online resale platform; 2025 revenue from continuing operations of $310.8 million.
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
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Frequently asked questions
How big is the global secondhand apparel market?
The global secondhand apparel market was worth $257 billion in 2025, up from $227 billion in 2024, after growth of about 13%. Secondhand made up roughly 10% of global apparel spending.
How fast is the global resale market growing?
The global secondhand apparel market is expected to grow about 9% a year from 2025 to 2030 and reach $393 billion by 2030, more than twice as fast as the overall apparel market.
Who are the largest secondhand fashion companies?
Vinted had gross merchandise value of 10.8 billion euros in 2025. The RealReal reported gross merchandise value of $2.13 billion, and ThredUp reported revenue of $310.8 million from continuing operations.
Is Vinted profitable?
Yes. Vinted reported net profit of 62 million euros in 2025 on revenue of 1.1 billion euros, which rose 38% from 2024.
How did US de minimis changes affect resale imports?
The United States suspended duty-free de minimis treatment for low-value shipments from all countries from 29 August 2025, so these parcels no longer enter the country duty free.
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