The import of worn clothing and other worn articles to the UK is projected to increase consistently from 2024 to 2028, reflecting a steady year-on-year growth. Starting at a forecasted value of 93.76 million USD in 2024, the import value rises to 110.75 million USD by 2028. This indicates a positive trend with an approximate compound annual growth rate (CAGR) that supports a robust market interest in second-hand apparel, following a likely growing demand observed in previous years.
Future trends to watch for include:
- An increased consumer shift towards sustainable and affordable fashion which may boost demand for pre-owned clothing.
- Potential regulatory changes affecting import taxes or trade agreements post-Brexit that could impact the import volumes and pricing.
- Technological advancements in sorting and recycling could enhance the quality and variety of imported worn articles, further stimulating the market.
