Thrift Stores in the US - Industry Market Research Report
Description
Thrift Stores in the US
The Thrift Stores industry is a subsegment of the Used Goods Stores industry (IBISWorld report 45331). While the Used Goods Stores industry includes most kinds of used goods retailers, the Thrift Stores industry only includes nonprofit thrift shops that are legally affiliated with a charity. Antique stores, for-profit thrift stores, pawn shops and used record stores are not included in this industry. As a result of growing consumer spending for most of the past five years and demand for methods for sustainable consumption, industry revenue has increased. Over the past five years, thrift store revenue is expected to have increased at a CAGR of 4.5% to $14.2 billion, including an increase of 1.4% in 2023 alone.
This industry is composed of stores that sell (mostly donated) used goods, with the intent of donating a significant portion of their proceeds to charity. This industry is a subcategory of the Used Goods Stores industry (IBISWorld report 45331), but excludes consignment shops, antiques shops, rare books stores, used records stores and other resale shops that do not allocate a significant portion of their revenue to charitable activities.
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.
The Thrift Stores industry is a subsegment of the Used Goods Stores industry (IBISWorld report 45331). While the Used Goods Stores industry includes most kinds of used goods retailers, the Thrift Stores industry only includes nonprofit thrift shops that are legally affiliated with a charity. Antique stores, for-profit thrift stores, pawn shops and used record stores are not included in this industry. As a result of growing consumer spending for most of the past five years and demand for methods for sustainable consumption, industry revenue has increased. Over the past five years, thrift store revenue is expected to have increased at a CAGR of 4.5% to $14.2 billion, including an increase of 1.4% in 2023 alone.
This industry is composed of stores that sell (mostly donated) used goods, with the intent of donating a significant portion of their proceeds to charity. This industry is a subcategory of the Used Goods Stores industry (IBISWorld report 45331), but excludes consignment shops, antiques shops, rare books stores, used records stores and other resale shops that do not allocate a significant portion of their revenue to charitable activities.
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
42 Pages
- TABLE OF CONTENTS
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
Search Inside Report
Pricing
Currency Rates
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