Driven by Gen Z's preference for access over ownership, the secondhand market is beginning to see significant growth worldwide.
This includes the secondhand furniture market, which, in addition to giving a second life to items destined for landfills, helps reduce industrial CO2 emissions—manufacturing and shipping a single piece of furniture emits about 90kg of CO2, equivalent to a one-hour flight on a Boeing 747.
The secondhand market is projected to grow to $16.6 billion by 2025, and even giants like IKEA are targeting this significant and lucrative segment of the furniture industry.
