Resale continues to grow. By 2027 the market is expected to hit $250B globally, more than double its size in 2022, according to the Ellen MacArthur Foundation.
While resale stands as a new revenue opportunity for brands, they are running into a number of challenges when it comes to launching their own resale operations. For one, the market is becoming much more fragmented and specialized. Additionally, logistics, shipping, and critical capabilities like quality control and fraud management are also expensive to scale and implement.
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The post 87 early-stage companies powering the resale revenue stream for retailers appeared first on CB Insights Research.