Opportunity shops sell donated goods to people in need. They provide social and environmental benefits to society, helping clothe the underprivileged while reducing landfill by encouraging people to recycle. During the five years through 2012-13, the industry has enjoyed solid growth, underpinned by counter-cyclical demand as job losses and the rising cost of living have swelled the ranks of those relying on charities. At the same time, the industry has benefited from consumer trends as vintage and second hand clothing have become fashionable, leading a new class of mainly female customers to peruse opportunity shops for cheap, unique clothing and accessories.
This industry sells used merchandise and second-hand goods at a discount price (excluding motor vehicles, motor vehicle parts, boats and mobile homes). The goods sold by industry operators are either donated directly or purchased from an organisation that received the items as donations.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.