Resale market in Australia - statistics & facts
As people around the world become increasingly concerned about the environmental impacts of their consumer habits, the resale market is expanding and gaining momentum. In 2022, Australia’s second-hand items economy was valued at over 60 billion Australian dollars. Over 85 percent of Australian households have unwanted or unused items, with earnings from selling these items estimated at around seven thousand Australian dollars per household in 2022. With more and more consumers utilizing the opportunities afforded by the country’s resale sector in recent years, Australia is entering a new era of second-hand buying and selling as economic pressures and ecological concerns shift consumer purchasing behavior.
