Chairish Reveals Industry's First Home Furnishings Resale Report

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The resale furniture industry is booming and projected to grow by 54% over the next 5 years
Chairish is committed to a more sustainable home furnishings industry and we felt it was important to share the significant findings of our research that impact the home furnishings industry.

Chairish, the beloved online destination for chic and unique home furnishings, today released the Chairish 2021 Home Furnishings Resale Report, its first-ever study on the state of recommerce in the home furnishings industry. The report reveals the supercharged growth of e-commerce and recommerce during the COVID-19 pandemic and beyond, the environmental benefits of resale and the buyer habits that are propelling the pre-owned movement forward.

Sixty-six percent of U.S. homes now have resale home goods and furniture, according to the report. More than 550,133 vintage, antique, and pre-owned items have been "re-homed" by Chairish since the company's founding in 2013. As the leading online destination for the high-end home with over 85% pre-owned inventory, Chairish also saw a 60% increase in sales last year.

This growth reflects the accelerating popularity of resale home furnishings, due to factors including:

-Increased awareness of the environmental benefits of buying pre-owned items for the home

-A renewed interest in home decor and improvements that resulted in spending more time at home

-Supply chain issues in the broader home segment, which slowed the manufacturing and delivery of new goods

The resale home furnishings category is projected to grow by 54% over the next 5 years — 3.5 times faster than traditional retail — with $16.6B of secondhand furniture expected to be sold by 2025, a 70% increase from 2018.

With 12 million tons of home furnishings thrown out each year in the U.S., the environment has become a growing priority for consumers as many have realized the benefits of resale. In fact, 71%…
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