UK’s Second-Hand Market Set to Surge Amid Cost of Living and Sustainability Focus
New research from the Centre for Economics and Business Research (CEBR) reveals significant growth in the UK’s second-hand goods market as consumers adapt to economic pressures and heightened environmental awareness. The study highlights that online sales of pre-owned items are expected to reach £4.8 billion by 2025, reflecting a strong and sustained shift in shopping habits.
Faced with the ongoing cost-of-living challenges, many UK shoppers are turning to second-hand products as a more affordable alternative to buying new. This trend is not only driven by price sensitivity but also by a growing commitment to sustainability. Consumers are increasingly conscious of the environmental impact of fast fashion and mass production, prompting a rise in circular economy practices such as buying and selling pre-owned goods.
The growth in online second-hand sales is supported by a thriving marketplace ecosystem, with platforms making it easier than ever to browse, buy, and sell a wide range of items—from clothing and electronics to furniture and collectibles. This digital convenience, combined with increased trust and quality assurance, is boosting consumer confidence in purchasing used goods online.
CEBR’s findings underscore that the second-hand market is no longer a niche segment but a mainstream retail channel influencing the broader economy and consumer behaviour. As affordability and sustainability continue to shape spending decisions, the second-hand sector’s expansion presents exciting opportunities for businesses and shoppers alike seeking value and responsible consumption.
Source: UK online second-hand goods sales to grow to £4.8bn in 2025
Author: Liz Morrell
