In response to latest information from the Nationwide Retail Federation (NRF), 2024 noticed a record-breaking $890 billion price of merchandise returned to retailers. Because the main B2B recommerce platform, B-Inventory additionally noticed a record-setting variety of consumers, bidders, and listings on its platform pointing to the power of the secondary market. This weblog gives a sneak peek at key recommerce information, developments, and insights from our newest State of B2B Recommerce report.
B-Inventory Fast Details
**The next information was compiled based mostly on the shopping for and promoting developments throughout the B-Inventory platform in 2024
- 140 million items bought (up 30% YOY)
- Over 3.8 million whole bids positioned (up 10% YOY)
- 65% of all objects bought are buyer returns versus overstock
Quickest Rising Resale Classes
Attire, Equipment & Footwear maintained its stronghold as the highest class in items bought for 2024. This pattern reveals the sustained development and recognition of the attire resale market which is rising 15x quicker than the first market.
Further classes exhibiting substantial YoY development embody:
- Toys, Children & Child
- Shopper Electronics
- Furnishings
The year-over-year development in items bought for Toys, Children, & Child and Shopper Electronics solidifies the truth that these sectors thrive within the secondhand market, as budget-conscious customers, together with dad and mom, embrace gently used and/or refurbished objects at enticing value factors.
B-Inventory noticed furnishings listings and gross sales enhance considerably, primarily as a result of chapter filings of main off-price and low cost retailers. As main retailers misplaced their foremost liquidation channels, a major quantity of furnishings inventory got here via B-Inventory’s platform, creating alternatives for consumers within the secondary market.
High Classes by Restoration Charge
Shopper Electronics took the highest spot when it comes to pricing (restoration price) in 2024 shifting forward of Laptop Gear & Software program. This shift displays robust end-user demand for used electronics as the standard of used and refurbished stock improves and customers look to economize.
The next classes rounded out the highest 5 for highest restoration:
- Laptop Gear & Software program
- Groceries
- Home equipment
- Toys, Children & Child
Lot Sorts
Lot sizes of every kind bought on the B-Inventory platform all skilled notable development final yr. Pallets, less-than-truckload, and truckload tons all skilled an upward pattern, with pallet gross sales reaching a 27% YoY enhance.
Probably the most sought-after classes for truckload purchases have been Furnishings, Dwelling & Backyard, and Home equipment.
2025 Outlook
The secondary market is flourishing, constantly outpacing the first market. Pushed by customers’ rising deal with affordability, sustainability, and environmental duty—amid financial uncertainty and rising inflation—the recommerce sector’s upward trajectory is anticipated to proceed. In truth, projections point out a 55% development within the recommerce market by 2029, reaching $291.6 billion and surpassing the general retail market development by 21%. As customers proceed to drive demand for recommerce, this surge is prompting retailers and types to undertake new methods and leverage know-how to remodel their conventional resale practices.
For an entire look into these developments and insights, discover the total report The State of B2B Recommerce 2025.
