Off-The-Shelf Second Hand Furniture Market Size

Statistics for the 2023 & 2024 Off-The-Shelf Second Hand Furniture market size, created by Mordor Intelligence™ Industry Reports. Off-The-Shelf Second Hand Furniture size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Off-The-Shelf Second Hand Furniture Industry

Off-the-Shelf Second Hand Furniture Market Summary
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Study Period 2020 - 2029
Market Size (2024) USD 22.70 Billion
Market Size (2029) USD 31.20 Billion
CAGR (2024 - 2029) 6.57 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Second Hand Furniture Market Analysis

The Off-The-Shelf Second Hand Furniture Market size is estimated at USD 22.70 billion in 2024, and is expected to reach USD 31.20 billion by 2029, growing at a CAGR of 6.57% during the forecast period (2024-2029).

The market is increasing due to the rising availability of second-hand furniture products across online and offline channels. Consumers are adopting various furniture designs which can meet their needs. The adoption of second-hand furniture is getting influenced by the availability of products at an attractive price range which is expected to affect the significant demand for second-hand furniture in upcoming years.

The COVID-19 crisis has altered how people shop by adapting to new technologies. Shopping for furniture is now a decision to buy virtually. On average, second-hand furniture is more than 50% cheaper, allowing consumers access to the products at comparatively less cost. Low cost being the primary factor, is estimated to expand the market.

The rising millennial population has been paving the way for rising sales through online channels. This will positively impact the supply of second-hand furniture through online media. The market's growth is owing to the cost-saving benefits of second-hand furniture and the increasing desire of consumers to save money across the globe.

Second Hand Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)