Central America’s second-hand market reinvents itself with technology

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In the wake of the 2008 economic crisis, the market for second-hand products went global, mainly because of its economic, environmental, and technological benefits.

In this market, sellers profit by selling products that still have a useful life, while buyers acquire goods and brands at a much lower price than they usually find for this type of product.

Since then, the sector has been growing.

In 2021, the global apparel resale market reached US$35 billion, up from US$11 billion in 2012, according to a 2022 report from marketplace ThredUp.

Different proposals and businesses have emerged in several . . .

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