Second-hand fashion market valued at $100-120 million, growing 20-30% annually

The second-hand fashion market is currently valued between $100 and $120 million and is expected to grow 20-30% per year. Key drivers include economic savings, sustainability concerns, unique shopping experiences, and gender-neutral fashion. Major platforms like Vestiaire Collective and Vinted dominate online sales, while physical vintage boutiques and flea markets remain popular. The East Market in Milan exemplifies the evolution of vintage fairs, combining archival pieces with new designs from emerging artisans. Younger generations, influenced by social media figures like Poorasfuckstreetwear (60k+ followers on TikTok), are driving the trend. Fast-fashion brands are also entering the space, with Zara launching a resale, repair, and donation platform in 14 European countries. The article, published on Artribune, highlights the shift toward ethical consumption and the cyclical nature of fashion.