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Nearly Nine in Ten Consumers Plan to Maintain or Increase Spending on Pre-loved Goods, Signaling Sustained Momentum for the Circular Economy
Prnewswireยท 2025-11-18 07:00
Core Insights - eBay's 2025 Recommerce Report indicates that recommerce has transitioned from a niche market to a mainstream shopping choice, with 89% of global consumers planning to spend the same or more on pre-loved goods in 2025 compared to 2024 [1][2] Consumer Behavior - The report surveyed over 27,000 individuals globally, revealing that recommerce is now seen as a conscious lifestyle choice influenced by personal values, community connection, and financial empowerment [2] - Nearly 80% of Gen Z and Millennials identify with the recommerce movement, with 59% of Gen Z and 56% of Millennials intending to increase their spending on pre-loved goods this year [3] - 35% of consumers purchase pre-loved items monthly or more frequently, indicating that recommerce is becoming a regular part of shopping habits [3] Motivations for Recommerce - The primary motivation for purchasing pre-loved goods is saving money, cited by 81% of consumers, followed by sustainability at 45% [5] - Other reasons include the search for specific items not available new (37%), the desire for unique or collectible pieces (36%), and a rejection of fast fashion (17%) [6] Community Engagement - Recommerce fosters a sense of community, with 63% of consumers feeling part of a recommerce community, rising to nearly 80% among younger generations [7] - 65% of consumers enjoy the "thrill of the hunt" for pre-loved items, and 56% believe that buying these goods allows them to express their personal style [7] Economic Impact - Recommerce provides financial relief, with 81% of consumers feeling positive about saving money through pre-loved purchases, and 86% of eBay sellers sourcing inventory from their own belongings [9] - eBay aims to create economic opportunities and support a community of enthusiasts globally, highlighting the role of conscious consumerism in shaping the future of shopping [10][11]