Used Goods Stores in the US
The Used Goods Stores industry has outperformed the overall retail market over the five years to 2019, benefiting primarily from changing consumer trends. The industry has historically performed countercyclical to the overall economy, but as income levels and consumer confidence have increased over the past five years, industry revenue has continued its upward climb. Over the five years to 2019, the number of industry operators has fluctuated. New entrants, particularly for-profit players, have joined the industry, drawn by the increasing popularity among individuals for exchanging used goods for cash. Largely a result of rising disposable income and competition levels, industry revenue is projected to rise at a slightly slower annualized rate over the five years to 2024.
Used goods stores collect or purchase used merchandise and sell these goods directly to consumers. The industry includes thrift stores and pawnshops but excludes stores that sell secondhand motor vehicles and parts such as automobiles, recreational vehicles, motorcycles, boats and tires.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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