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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 11 sources · 8 days · First seen · Last updated
Italian second-hand market growth
Overview
The second-hand market in Italy has become a significant economic and environmental factor. Reports indicate that 77% of Italians view purchasing used products as essential for managing household finances, a rate 7.6 percentage points above the global average. Consumer motivations include cost savings, access to premium brands, and waste reduction.
Online selling is also prevalent, with 43% of Italians reporting sales within the last year. This activity contributes to the circular economy; for instance, data from the platform Subito suggests that approximately 15 million second-hand sales potentially saved 518,000 tons of CO2. The industry generated a value exceeding 27 billion euros last year, representing roughly 1-2% of Italy’s GDP, with the automotive sector serving as a major driver of this growth.
Entities
eBay · Vayuu · Silvia Campanella · Italy · Subito
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] Subito sold approximately 15 million items last year.
- [● 3 SOURCES] The second-hand sales on Subito potentially saved 518,000 tons of CO2.
- [● 3 SOURCES] On average, each transaction potentially saves 33.6 kg of CO2.
- [● 3 SOURCES] In 56% of cases, users reported that buying used replaced the purchase of a new item.
- [● 3 SOURCES] Approximately 1.75 million automotive accessories and spare parts were sold.
- [○ 1 SOURCE] One car is sold on the Subito platform every three minutes.
- [○ 1 SOURCE] The second-hand industry generated a value exceeding 27 billion euros last year.
- [○ 1 SOURCE] The second-hand market represents approximately 1-2% of Italy's GDP.
Timeline
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[BUSINESS] 8 sourcesSubito report: 15 million second-hand sales potentially saved 518,000 tons of CO2
A report for Subito shows that 15 million second-hand item sales potentially saved 518,000 tons of CO2, contributing to a circular economy worth over 27 billion euros in Italy.
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[BUSINESS] 3 sourcesItaly second-hand market grows as 77% use it for household finances
An eBay report shows 77% of Italians use second-hand shopping to manage household finances, exceeding the global average. Online selling is also rising, driven by sustainability and cost savings.
Sources
askanews.it · corcianonline.it · inliberta.it · lettera43.it · mantovauno.it · notizie.it · prometeo.adnkronos.com · quotidianodelsud.it · tecnoandroid.it · thewom.it · vetrinatv.it