Retail: Vietnam’s secondhand market set to reach US$1.28 billion in 2025: Report

Vietnam’s recommerce sector is poised for double-digit growth, with the market expected to expand by 13.7 percent year-on-year to US$1.28 billion in 2025, according to a report from Research and Marketsview source.

Key details:

  • Current value: The recommerce market was worth US$1.13 billion in 2024.
  • Short-term growth: Expected to grow 13.7 percent to US$1.28 billion in 2025.
  • Long-term forecast: Projected to reach US$1.97 billion by 2029, at a CAGR of 11.3 percent from 2025–2029.
  • Historical trend: The market grew at a 16.7 percent CAGR between 2020 and 2024.

See also: Vietnam’s Retail Industry 2025: Market Trends and Key Insights

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