About Extraloppan
Iceland's unique secondhand culture took organized form in 1986 when Extraloppan created the country's first permanent flea market in ReykjavÃk. This indoor marketplace offered a structured alternative to occasional outdoor markets, providing consistent space for secondhand commerce regardless of Iceland's challenging weather conditions.
What makes Extraloppan distinctive is its adaptation of the flea market concept to Iceland's specific cultural and geographic context. In a country with limited domestic manufacturing and high import costs, Extraloppan established a sustainable approach to goods circulation that was practical rather than merely trendy. The market became an important community institution where Icelanders could find affordable goods, supplement their incomes, and extend the usefulness of items that would otherwise be discarded.
Over the decades, Extraloppan has maintained its original location while expanding its concept to include dedicated sections for clothing, furniture, collectibles, and Icelandic design items. The market has weathered economic fluctuations including Iceland's 2008 financial crisis, during which it played an important role in helping citizens manage through economic hardship. Today, Extraloppan continues to serve as both a practical shopping venue and a cultural institution that embodies Iceland's pragmatic approach to resource utilization and community resilience in an isolated island nation where sustainability was a necessity long before it became a global trend.
What makes Extraloppan distinctive is its adaptation of the flea market concept to Iceland's specific cultural and geographic context. In a country with limited domestic manufacturing and high import costs, Extraloppan established a sustainable approach to goods circulation that was practical rather than merely trendy. The market became an important community institution where Icelanders could find affordable goods, supplement their incomes, and extend the usefulness of items that would otherwise be discarded.
Over the decades, Extraloppan has maintained its original location while expanding its concept to include dedicated sections for clothing, furniture, collectibles, and Icelandic design items. The market has weathered economic fluctuations including Iceland's 2008 financial crisis, during which it played an important role in helping citizens manage through economic hardship. Today, Extraloppan continues to serve as both a practical shopping venue and a cultural institution that embodies Iceland's pragmatic approach to resource utilization and community resilience in an isolated island nation where sustainability was a necessity long before it became a global trend.
Ownership & Tax Information
| Company Headquarters | 🇮🇸 Iceland |
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