IMPACT OF SHC :-

The Global trade in second-hand clothing (SHC) is worth more than $1 Billion each year.

Supporters of the SHC industry point out that the trade creates employment in the receiving

countries ( transporting,cleaning,repairing,restyling,etc ) . Its also provide low-cost clothing

for the people living in poverty. At the same time, however,there are concerns that the trade

may be undermining local textile and garment industries,and livelihoods in some developing

countries.


The SHC trade represents a small proportion of the total global trade in clothing ( Less than 0.5 per cent of total value more than 30 per cent of the total value of import,and much more than 50 per cent in volume terms.In most of these countries,SHC is declining as a share of total clothing imports,due to the increase in new imports from Asia,but nonetheless it remains highly significant.

 

 

The Trade has clear consumer benefits. This is especially true in countries with low purchasing power,and for poorer consumers,though in many African countries it seems that almost all socio-economic group are choosing to buy SHC . For Example , over 90 per cent of Ghanaians purchase SHC . Affordability is the key reason why people buy these goods.Fashion and consumer preferences also seem to be shifting away from traditional , ' African' -Style to more 'Western'-Style Clothing.

 

 

 

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