Buying used instead of new isn’t only good for the environment — it is also beneficial for your wallet. In part, that’s why thrifting has been on the rise in recent years. An estimated 82% of Americans bought or sold pre-owned items in 2022, and 93% of those shoppers reported they are thrifting “to offset the impact of inflation,” said The Cool Down, citing a report by OfferUp.
That trend is only likely to continue, driven largely by the shopping habits of Gen Z, said Quartz, based on a report by thredUP. By 2026, “the global secondhand apparel market is expected to grow 127%,” which is “three times faster than the apparel market overall.”
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