The resale revolution is currently hot and on the rise. The clothing category still dominates, but last year, household goods rose in the resale category and furniture grew fastest. This is largely due to the habits initiated, formed, and developed in the clothing category that are now migrating to the home area. There are several factors that influence the rise of the furniture resale industry.

The staying at home factor, of course, is the most influencing factor. This habit of always staying at home has been accelerated by the pandemic. Because you feel bored with the furniture that you meet every day 24 hours, then the idea of reselling this home furniture suddenly becomes the best solution. Buyers are quickly becoming more comfortable buying home furnishing items online as they need to replace some of the furniture at a low cost.

As with fashion, sustainability-minded buyers are leading this resale industry trend. Millennial and Gen Z say Covid is driving their interest in online shopping for used or antique furniture. Millennials naturally love reselling furniture online. And since millennials are currently the most populous generation, of course they accounted for the most increase in the resale industry.

In the past, before there was a platform on mobile phones and even before the internet became a necessity as it is today, the circulation of goods sales was not as fast and ineffective as todyas. Especially for home furnishings. Buyers want to know how to buy used furniture and sellers want to know how to sell used furniture. It’s a huge market so digital developers are creating apps for buying and selling used furniture online. This, of course, facilitates buying and selling transactions and creates more players in it.

–sh