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IKEA enters second-hand market with its own platform for used furniture

IKEA enters second-hand market with its own platform for used furniture

IKEA will launch a dedicated second-hand marketplace in the Netherlands by mid-2027 to allow IKEA Family members to buy and sell used home products. The platform aims to extend product lifespans and support sustainability goals while offering convenience features like automated listings and access to spare parts.

IKEA is set to launch its own dedicated second-hand platform in the Netherlands by mid-2027, allowing IKEA Family members to buy and sell used furniture and accessories directly. By facilitating these transactions, the Swedish retailer aims to extend the lifecycle of its products while competing with existing online marketplaces. The platform simplifies the selling process by automatically generating descriptions, professional photos, and pricing suggestions when users scan their items. It also provides essential support by offering replacement parts like screws and bolts to ensure the products remain functional.

This initiative aligns with the company's broader sustainability goals, including a target to become climate-positive by 2030, and adheres to emerging EU Right to Repair regulations. Users are incentivized to participate through a 15 percent bonus if they choose to receive payment via an IKEA gift card. As other major retailers in the fashion and electronics sectors increasingly embrace the circular economy, IKEA expects high demand for its iconic items, noting that some vintage pieces already fetch significant prices on secondary markets.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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