Consumers increasing holiday spending on secondhand gifts

Secondhand shopping will help drive sales this holiday season as shoppers plan a sharp increase in the percentage of their budgets allocated to resale. Consumers plan to allocate nearly 40% of their total holiday budgets to secondhand gifts, up from the 30% they typically spend on resale in their everyday shopping, according to online resale platform ThredUp’s “2025 Holiday Report.”  And 66% of all respondents are open to giving secondhand gifts, a figure that jumps to 80% for millennial respondents.