Coresight Bites: US Resale Market Set To Boom in 2021

• Resale, especially fashion resale, is becoming increasingly mainstream as consumers seek out value options. Although the US fashion resale market declined in 2020, we expect it to recover to a pre-crisis level in 2021.
• According to Coresight Research’s US Consumer Tracker, US consumers have become more focused on sustainability following the Covid-19 crisis: Some 29.0% of respondents said that the pandemic has made environmental sustainability more of a factor in their shopping choices, which indicates demand opportunities for the resale market in the near future.

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