the resale market
let explore why resale is exciting
with Circular, we aim for global impact.
we target the underserved brick-and-mortar part of resale
surprisingly, in-store (offline) resale accounts for more than 50% of the global resale market
even though online gets most of the fuzz
so, why is the resale market exciting? and why now?
a perfect storm of regulatory, consumer, and technological shifts is propelling the secondhand market into a transformative wave
𐄷 regulations 𐄷
Policies like Extended Producer Responsibility (EPR) and Digital Product Passports (DPP) require producers to manage their products throughout their lifecycle and make data accessible
🛍️ consumer trends 🛍️
secondhand shopping has gone mainstream, driven by eco-conscious consumers
🏠 retail trends 🏠
brick and mortar is coming back. Even D2C companies are establishing physical presence to create meaningful customer relationships and shopping experiences
🤖 technology 🤖
advancements in AI helps us automating manual and time consuming tasks tasks, making circular retail scalable
⏱️ internal efficiency gains ⏱️
AI also reduces costs and speeds up the development of scalable B2B SaaS solutions
Europe has more than 75,000 secondhand stores
contributing to a global resale market worth $265 billion
this is a market that is growing at 12% CAGR
offline resale accounts for over half of the market
we are positioning Circular to be the winner in this market