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Used Goods Stores in the US - Industry Market Research Report

Publisher IBISWorld
Published Dec 01, 2024
Length 75 Pages
SKU # IBSS19493529

Description

Used Goods Stores in the US - Industry Market Research Report


Used Goods Stores in the US

Used goods stores have experienced swelling revenue through most of the five years through the end of 2023. These stores have historically performed countercyclically to the overall economy, but as income levels and consumer confidence surged early during the current period, used good store revenue continued to climb. Revenue also swelled because of changing consumer and fashion trends, leading to an influx of demand from young consumers. Moreover, numerous social media outlets and TV shows dedicated to altering or selling used merchandise have become popular through the end of 2023, driving consumer demand for used goods stores' products. However, these stores experienced substantial challenges amid COVID-19, pushing down used good store revenue in 2020. Overall, used good store revenue will strengthen at a CAGR of 4.6% to $28.7 billion through the end of 2023, including a 1.1% swell in 2023 alone.

Used goods stores collect or purchase used merchandise and sell these goods directly to consumers. Used good stores include thrift stores and pawnshops, but excludes stores that sell secondhand motor vehicles and parts like 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.

Table of Contents

75 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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