Britain’s second-hand shopping boom has grown into a £4.3 billion economy that’s reshaping retail, according to new research carried out by the Centre for Economics Business Research (CEBR) and commissioned by Amazon. The report, which included a survey of 10,000 adults across Europe, reveals UK consumers saved £5.6 billion in 2024 by choosing pre-owned products, with three key factors fuelling this transition: increasing cost-of-living pressures, wider availability of pre-owned products, and heightened consideration of environmental issues among shoppers. The economic story: second-hand growthThe research by CEBR projects this thriving online…
Read MoreResale rises: new Amazon research shows pre-owned online shopping now worth £4.3 billion a year in the UK
