‘Secondhand Ireland’ sells previously owned goods worth €4.5bn online

A new “secondhand Ireland” has emerged with the buying and selling of previously owned items now worth as much as €4.5bn annually, according to a new report.

Data provided by Donedeal.ie indicates a 215% increase in the online secondhand market in the past five years, at a time when high-street retail figures were hit by the aftermath of the recession.

The author of Second Hand Ireland, economist David McWilliams, said the boom in online secondhand sales was nothing short of a retail revolution and that it would continue to grow in the future.