As of 2020, almost 80 percent of consumers who are in the Gen Z generation state that they have purchased or wish to purchase pre-owned or repaired products. In the Boomer generation, where only 58 percent state that they have or planned to do so. In general, all generations showed an affinity towards second-hand products.
Share of consumers who have purchased or want to purchase pre-owned, repaired, or renewed products in 2020 worldwide, by generation
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IBM. (June 1, 2020). Share of consumers who have purchased or want to purchase pre-owned, repaired, or renewed products in 2020 worldwide, by generation [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1234136/share-of-consumers-interested-in-purchasing-pre-owned-products/
IBM. "Share of consumers who have purchased or want to purchase pre-owned, repaired, or renewed products in 2020 worldwide, by generation." Chart. June 1, 2020. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1234136/share-of-consumers-interested-in-purchasing-pre-owned-products/
IBM. (2020). Share of consumers who have purchased or want to purchase pre-owned, repaired, or renewed products in 2020 worldwide, by generation. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1234136/share-of-consumers-interested-in-purchasing-pre-owned-products/
IBM. "Share of Consumers Who Have Purchased or Want to Purchase Pre-owned, Repaired, or Renewed Products in 2020 Worldwide, by Generation." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1234136/share-of-consumers-interested-in-purchasing-pre-owned-products/
IBM, Share of consumers who have purchased or want to purchase pre-owned, repaired, or renewed products in 2020 worldwide, by generation Statista, https://www.statista.com/statistics/1234136/share-of-consumers-interested-in-purchasing-pre-owned-products/ (last visited November 12, 2024)
Share of consumers who have purchased or want to purchase pre-owned, repaired, or renewed products in 2020 worldwide, by generation [Graph], IBM, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1234136/share-of-consumers-interested-in-purchasing-pre-owned-products/