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ARCHIVED
Sep-30-21
Buyer From Bulgaria
Quantity Required: 1 Twenty-Foot Container
Payment Terms: To be discussed with suppliers
Destination: Bulgaria
Looking for suppliers from: Europe
Product Description
ARCHIVED
Oct-28-21
Buyer From Bulgaria
Quantity Required: 1,000 Metric Tons
Payment Terms: L/C
Destination: Dubai, Lebanon
Looking for suppliers from: Worldwide
Product Description
ARCHIVED
Oct-28-21
Buyer From Bulgaria
Quantity Required: 1,000 Metric Tons
Payment Terms: L/C
Destination: Dubai, Lebanon
Looking for suppliers from: Worldwide
Product Description
Discuss sourcing & trends in Used Clothings import export community

Introduction

The old clothes market is rapidly growing due to the changing lifestyle of consumers and the demand for sustainable lifestyles, and is shifting the consumer focus towards reuse, recycling, and repair. Exporting old or second-hand clothes is on the rise, especially in countries with abundant textile waste and access to quality check facilities. These old clothes can include formal wear, casual wear, shoes, bags, etc. 


There are plenty of dedicated markets, showrooms, export houses, and shops that sell old clothes. India leads the market in terms of importing old clothes, followed by Pakistan, Bangladesh, and the United States. 


What is the demand for old or second-hand clothes

The demand for old or second-hand clothes is high in low to middle-income countries. While finance or income is not the only reason consumers prefer old or second-hand clothes, the rising consciousness of the green environment and sustainability are also contributing factors. Many fashion brands or independent designers have started using old clothes or textile waste material to repurpose the clothes and sell them in the market, which also makes it a great opportunity for old clothes exporters to find the right and relevant old clothes buyers


What is the market outlook for the old/second-hand clothes industry? 

The global market outlook for used, old, or second-hand clothes is rapidly increasing. The global market insights are below: 

Global Market

HSN Code: 63090000

Global Market Size 2023: US$ $45.3 billion 

Expected Market Size 2032: US$ $1266 billion

India Market

Market Size 2023: US$ $3 billion

Expected Size 2032: US$ $9 billion

CAGR: 13.04%


How can old clothes export be a profitable business? 

The old clothes business is growing and is expected to have profit margins of 40%-80%, which is an excellent opportunity for exporters. Several other reasons make this a profitable business:

Huge Buyer Base: There is a vast network of importers, wholesalers, distributors, and shops in developing countries. Especially, India has a huge network of wholesale markets for old clothes like Gandhi Nagar market, Chandni Chowk, Chikpet, etc. 

Environmental Consciousness in Consumers: Due to the rising trend in consumer preference for sustainable products and practices, businesses are investing in exports and imports of old clothes, which reduces textile waste in landfills. 

Low Procurement Cost: The cost of sourcing is next to negligible, are the old clothes are collected through donation centers, thrift stores, export houses, recycling drives, etc. 

High Margins: Even after sorting, packing, and transportation costs, exporters can expect huge margins. 


How to find verified used or old clothes buyers

There are various methods to find verified old clothes buyers

B2B marketplaces like go4WorldBusiness

Search for buyers on LinkedIn or database companies 

Attend trade shows and expo fairs


Conclusion

Exporting old clothes is a booming business and if you are a beginner in this industry, it is a great potential business opportunity. With the technology being in the forefront and the advent of artificial intelligence, selling or exporting old, used, or secondhand clothes online, has become much easier. One may easily rely on B2B marketplaces to find old or used clothes buyers online and continue trading relations with them. 


Frequently Asked Questions (FAQs)


1. Which countries are the top 5 importers of old clothes? 

The top five importers along with their shipment count, are:  

  • India: 19.2k shipments
  • Pakistan: 3.1k shipments
  • Bangladesh: 1.7k shipments
  • United States: 471 shipments
  • Malaysia, UAE, Singapore, Vietnam, Spain, Australia: 366 shipments


2. What are the most traded types of old clothes?

  • Vintage Clothing
  • Branded Garments (Grade B & C)
  • Kidswear
  • Shoes and Bags


3. What documents are required for exporting old clothes? 

There are some essential documents required for exporting old clothes if you are new to the market: 

  • Import Export Code Certificate
  • Certificate of Origin
  • Commercial Invoice
  • Bill of Landing 
  • Packaging List


4. How to ensure quality before exporting old clothes?

It is important to ensure the quality and grade of old clothes before exporting: 

Sort and Grade: Sort the garments and grade them according to the quality and defects of the garment piece. Categorize them into Grade A, B & C based on their condition.

Obtain EIA Certificate: Obtaining an export inspection agency certificate will ensure all international compliance standards are met. 

Packaging and Labelling: Ensure proper packaging to avoid any further damage to the products and label the content accurately. 

Choose a reliable shipment partner:  It is important to choose a reliable shipping partner to ensure smooth transportation to avoid damage of the product, timely delivery, etc.