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Second-Hand Goods Stores in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Second-Hand Goods Stores Market Research Report | SIC G47.790 | Apr 2017

Like new: External competition from physical and online alternatives has been a challenge

The Second-Hand Goods Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Oxfam GB Oxfam GB market share
The British Heart Foundation The British Heart Foundation market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 13-18
0.6%
Annual Growth 18-23
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Profit
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Employment
27,183
Businesses
3,724
Industry Analysis & Industry Trends

Operators in the Second-Hand Goods Stores industry sell used items such as clothing, furniture, electrical equipment, books and homeware in stores and online. The industry excludes enterprises that operate solely online. The industry has performed well as economic conditions have improved and incomes have grown in recent years. Although higher disposable income levels tend to discourage demand for second-hand goods, revenue is anticipated to rise over the five years through 2017-18, even as incomes also rise. This indicates that consumers are more cost-conscious as a result of the faltering economic recovery.

Competition in the industry has intensified in recent years... purchase to read more

Industry Report - Industry Key Buyers Chapter

The four largest players in the Second-Hand Goods Stores industry are the British Heart Foundation, Oxfam GB, Cancer Research UK and Barnardos. IBISWorld estimates that these retailers control 17.4% of the industry, indicating a low concentration level. These larger players have increased their market share over the past five years by opening more stores. The larger retailers in the industry are charities because receiving donations from the public and using volunteers keeps costs down. Poor economic conditions at the beginning of the five-year period provided strong demand for these retailers. However, the majority of enterprises in the industry are for-profit organisations that purchase used items and sell them on for a small profit. Cas.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Second-Hand Goods Stores Industry?

Second-hand goods stores collect or purchase used merchandise and sell it to consumers. The industry excludes pawnshops, used car retailers and retailers selling second-hand parts for automobiles, recreational vehicles, motorcycles and boats.

Industry Products
ClothingAccessoriesBooksToys, games, DVDs, videos and musicHomeware and soft furnishingsFurniture and electricalsOther products
 
Industry Activities
Second-hand clothing and accessory retailingSecond-hand book retailingSecond-hand furniture retailingSecond-hand homeware and soft furnishing retailingSecond-hand music and instrument retailingOther second-hand goods retailing


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