ReCommerce marketplaces outperform the broader retail market.

ReCommerce marketplaces outperform the broader retail market. OLX, TOP100 winner “Sustainable Cross-Border Marketplaces Operating in Europe”, excels in ReCommerce, selling used, second-hand, refurbished and repurposed items.

Brussels, 25th January 2024 – ReCommerce is projected to grow 5x faster than the overall retail market by 2025. Online classifieds marketplaces are significant contributors to second-hand trade and the circular economy.

In 2022/23, the EU ReCommerce market was valued at €94B, expected to grow to €120B by 2025 (a 27% increase). Over the next three years, the ReCommerce market share (versus eCommerce) is projected to increase from 12.3% to 14%.

This study was carried out by Cross-Border Commerce Europe with support from FedEx Express and Poste Italiane.

The relatively new term ‘ReCommerce’ has made a significant impact in the retail industry, which traditionally struggled with unrecycled goods and landfilled waste. By valuing pre-owned or secondhand goods, ReCommerce Marketplaces are phasing out unproductive business models and championing the circular economy, where unused or second-hand products are sold, refurbished, or recycled. From fashion and home furniture to books, cars and consumer electronics, ReCommerce solutions like repair, remanufacture, rental services, reconditioning, refurbishing and resale are transforming the traditional linear retail industry. ‘Ecological ReCommerce’ specifically focuses on collecting used items to repair or recycle and resell as reconditioned products.

Secondhand shopping is rising in popularity and status:

  • 85% of shoppers have bought or sold used goods in the past year, with 27% doing so for the first time.
  • 75% of Recommerce transactions occur in categories beyond clothing, including electronics, furniture, household items, books, sporting goods, outdoor equipment, and cars.
  • 76% of shoppers believe that the stigma around secondhand shopping has decreased and 41% say that buying secondhand is now a status symbol.
  • 69% of shoppers have used the money they earned from reselling items to pay bills or cover daily living expenses, and 39% say reselling has helped them make ends meet.

While high prices persist, the primary motivation for buying secondhand remains value-driven: consumers are seeking to maintain their desired lifestyle within their budget constraints.

In Europe, many turn to resale (second-hand shopping) as a way to manage their finances more effectively: 69% of sellers used the earnings from resold items to pay bills or daily living expenses.

The TOP 10 Cross-Border Sustainable Marketplaces 2022/23

Number 1: OLX
Number 2: AutoScout24
Number 3: eBay
Number 4: AbeBooks
Number 5: Facebook Marketplace
Number 6: Etsy
Number 7: Catawiki
Number 8: Delcampe
Number 9: Rent the Runway
Number 10: Vinted

#1 OLX leads in enabling second hand trade and fostering the growth of the circular economy with the motto, “We’re building a more sustainable world through trade.”

The Best Cross-Border Sustainable Marketplaces per Product Category and Business Model

  • Consumer Electronics: Backmarket, rebuy and refurbed
  • Fashion: Watchfinder, Rebelle (Vinted) and TheRealReal
  • Books and Media: Abebooks, Momox and Alibris
  • Nature & Ethical: Naturabuy, Greenweez and Avocadostore
  • Classifieds: OLX, Autoscout24 and Craigslist
  • Auctions: Catawiki, Delcampe and Invaluable
  • Customisation & POD (Print-on-Demand): Etsy, Redbubble and BrickLink (Lego)
  • Rental & Subscription: Rent The Runway, Stitch Fix and Nuuly (Urban Outfitters)

Comparison with 2021/22 Sustainability Ranking: Notable climbers include OLX, Autoscout24, Abebooks and Catawiki. New entrants in the realm of rental and subscription services are Rent The Runway and Stitch Fix.

Comparison with the Top 100 Marketplaces 2022/23 Ranking: We recognise six major Top 100 Cross-Border (CB) marketplaces that stand out from the Top 100 CB sustainable marketplaces: AliExpress, Temu, Wish, DHGATE, Joom and Taobao (China). The main reason behind this shift is the carbon-intensive nature of the intercontinental logistics business model. Moreover, well-known entities such as Amazon, Zalando and Fruugo have recorded lower sustainability performance, resulting in a decline in their sustainability eRank.

TOP 15 Cross-Border Marketplaces 2022/23 TOP 15 Sustainable Cross-Border Marketplaces 2022/23
AliExpress OLX
Etsy Scout24
Amazon eBay
eBay AbeBooks
OLX Facebook Marketplace
Temu Etsy
Vinted Catawiki
AbeBooks Delcampe
StockX Rent the Runway
Redbubble Vinted
Wish Back Market
Zalando Craigslist
Big Cartel Redbubble
DHgate BrickLink
Wayfair Stitch Fix

 

Is ReCommerce sustainability truly sustainable?

While reselling is a positive step, its benefits could be limited if buyers choose second hand clothes in addition to, rather than instead of, new outfits. Rentals could be more detrimental to the environment, primarily due to the transportation involved in exchanging shared goods. Online P2P rental platforms offering multi-category fashion products promote sustainability but also increase ‘last mile’ logistics routes for cleaning services.

“I would like to thank our market research partners, FedEx Express and Poste Italiane, who, along with our research team, invested considerable energy into the third edition of this eagerly awaited study. It enhances transparency in sustainable marketplaces operating in Europe and encourages sustainability in this sector,” concludes Carine Moitier, Founder of CBCommerce.eu.”

ReCommerce marketplaces outperform the broader retail market.

 

Press coverage

Belgium

L’Echo
L’e-commerce est lui aussi gagné par la seconde main
https://www.lecho.be/entreprises/services/l-e-commerce-est-lui-aussi-gagne-par-la-seconde-main/10521956.html

The Netherlands

Emerce
‘ReCommerce marktplaatsen presteren beter dan de bredere retailmarkt’
https://www.emerce.nl/nieuws/recommerce-marktplaatsen-presteren-beter-bredere-retailmarkt

Telecomnieuws
Europese ReCommerce-markt naar verwachting € 120 Miljard in 2025
https://telecomnieuws.online/duurzaamheid/europese-recommerce-markt-naar-verwachting-e-120-miljard-in-2025/

Ecommerce News
Recommerce 94 miljard euro waard in Europa
https://www.ecommercenews.nl/recommerce-94-miljard-euro-waard-in-europa/

Aboutict
‘RECOMMERCE MARKTPLAATSEN PRESTEREN BETER DAN DE BREDERE RETAILMARKT’
https://aboutict.nl/news/2024-01-25/recommerce-marktplaatsen-presteren-beter-dan-bredere-retailmarkt-emerce

Telecomnieuws
Europese ReCommerce-markt naar verwachting € 120 Miljard in 2025
https://telecomnieuws.online/duurzaamheid/europese-recommerce-markt-naar-verwachting-e-120-miljard-in-2025/

Fashion United
Tips om komend jaar de kostenefficiëntie van je winkel te verhogen
https://fashionunited.nl/nieuws/retail/tips-om-komend-jaar-de-kostenefficientie-van-je-winkel-te-verhogen/2024020559917

France

Père La Fouine
Les Marketplaces ReCommerce dépassent le retail au sens large
https://perelafouine.com/les-marketplaces-recommerce-depassent-le-retail-au-sens-large/

Ecommercemag
Le top 10 des marketplaces durables transfrontalières selon Cross-Border Commerce Europe
https://www.ecommercemag.fr/Thematique/green-1346/developpement-durable-2323/Breves/top-marketplaces-durables-transfrontalieres-etabli-Cross-400003.htm

FrenchWeb
Le Petit Web, c’est fini / Reed HASTING fait don d’une partie de ses actions NETFLIX / JEAN LABORDE rejoint…
https://www.frenchweb.fr/le-petit-web-cest-fini-reed-hasting-fait-don-dune-partie-de-ses-actions-netflix-jean-laborde-rejoint/446911

Les Clés du Digital
Les marketplaces de biens d’occasion mènent la course en tete
https://www.lesclesdudigital.fr/le-classement-des-marketplaces-transfrontalieres-durables/

Capital
Vinted : voici comment réduire les frais de port sur la plateforme de revente de vêtements
https://www.capital.fr/conso/vinted-voici-comment-reduire-les-frais-de-port-sur-la-plateforme-de-revente-de-vetements-1492534

MSN
Vinted : voici comment réduire les frais de port sur la plateforme de revente de vêtements
https://www.msn.com/fr-fr/finance/other/vinted-voici-comment-r%C3%A9duire-les-frais-de-port-sur-la-plateforme-de-revente-de-v%C3%AAtements/ar-BB1iEdgV

DACH

Onlinemarketplatz
Cross-Border Commerce Europe: Top 100 Cross-Border Sustainable Marketplaces operating in Europe
https://www.onlinemarktplatz.de/235369/top-100-cross-border-sustainable-marketplaces/

Postbranche
Re-Commerce Marktplätze übertreffen den breiten Einzelhandel
https://www.postbranche.de/2024/01/25/re-commerce-marktplaetze-uebertreffen-den-breiten-einzelhandel/

Klamm
Cross-Border Commerce Europe: Top 100 Cross-Border Sustainable Marketplaces operating in Europe
https://www.klamm.de/news/cross-border-commerce-europe-top-100-cross-border-sustainable-marketplaces-operating-in-europe-14N235369.html

Konsider
Re-Commerce-Markt wächst deutlich schneller
https://www.konsider.ch/re-commerce-markt-waechst-deutlich-schneller-20240126

E-tailment
Internetstores, C&A, Otto, Mondu, Geschäftsklimaindex, Weltbild, Temu, Klarna, Pattern, Publicis, Firefox, Re-Commerce-Markt
https://etailment.de/news/morning_briefing/morning-briefing-internetstores-ca-otto-mondu-geschaeftsklimaindex-weltbild-temu-klarna-pattern-publicis-firefox-re-commerce-markt-24644

Europe

Ecommerce News
Recommerce market worth 94 billion euros
https://ecommercenews.eu/recommerce-market-worth-94-billion-euros/

Zephyrnet
Rynek recommerce wart 94 miliardy euro
https://zephyrnet.com/pl/rynek-recommerce-wart-94-miliardy-euro/
Mercato del recommerce da 94 miliardi di euro
https://zephyrnet.com/it/mercato-del-recommerce-del-valore-di-94-miliardi-di-euro/
Återhandelsmarknad värd 94 miljarder euro
https://zephyrnet.com/sv/%C3%A5terhandelsmarknad-v%C3%A4rd-94-miljarder-euro/
Αγορά επανεμπορίου αξίας 94 δισ. ευρώ
https://zephyrnet.com/el/%CE%B1%CE%B3%CE%BF%CF%81%CE%AC-%CE%B5%CF%80%CE%B1%CE%BD%CE%B5%CE%BC%CF%80%CE%BF%CF%81%CE%AF%CE%BF%CF%85-%CE%B1%CE%BE%CE%AF%CE%B1%CF%82-94-%CE%B4%CE%B9%CF%83.-%CE%B5%CF%85%CF%81%CF%8E/
Återhandelsmarknad värd 94 miljarder euro
https://zephyrnet.com/sv/%C3%A5terhandelsmarknad-v%C3%A4rd-94-miljarder-euro/

Hanacke Novinky
Repasovník už není jenom elektro. Nabízí i potraviny, kosmetiku nebo vitamíny
https://hanackenovinky.cz/2024/01/repasovnik-uz-neni-jenom-elektro-nabizi-i-potraviny-kosmetiku-nebo-vitaminy

Bridge
Recommerce roste co do počtu prodejů i v popularitě spotřebitelů
https://www.ecommercebridge.cz/recommerce-roste-co-do-poctu-prodeju-i-v-popularite-spotrebitelu/

Insight VAS
Recommerce market worth 94 billion euros
https://insightvas.com/recommerce-market-worth-94-billion-euros/

Portugal Global
Le top 10 des marketplaces durables transfrontalières selon Cross-Border Commerce Europe
https://www.portugalglobal.pt/PT/PortugalNews/Paginas/NewDetail.aspx?newId=%7B2F04DF07-1FF7-4905-88FE-6D3194C1C715%7D

Retail Loyalty
Рынок ре-коммерции составил 94 млрд евро
https://retail-loyalty.org/news/rynok-re-kommertsii-sostavil-94-mlrd-evro/

Distribuicao Hoje
Mercado de recommerce atinge os 94 mil milhões de euros e antecipa-se um contínuo crescimento
https://www.distribuicaohoje.com/retalho/recommerce-atinge-94-mil-milhoes-de-euros/

Aim Group
EU recommerce market expected to grow 27% to $101B by 2025
https://aimgroup.com/2024/02/05/eu-recommerce-market-expected-to-grow-27-to-101b-by-2025/

CNET Japan
フランスでは3人に1人が「中古スマホ」–欧州の「Reコマース市場」を牽引するBack Marketに聞く中古品の未来
https://japan.cnet.com/article/35214830/

MoneyDJ
二手商品在歐洲電商快速成長
https://www.moneydj.com/KMDJ/News/NewsViewer.aspx?a=c819058d-2709-4643-9f65-2aa68cd4a893

Yuguo
全渠道布局下,能借助哪些精品平台和“闲鱼”抢占海外本土市场?
https://www.cifnews.com/article/155254

Yahoo
Vinted : voici comment réduire les frais de port sur la plateforme de revente de vêtements
https://fr.news.yahoo.com/vinted-r%C3%A9duire-frais-port-plateforme-125443003.html?guccounter=1

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