The revenue of the worldwide the second-hand luxury watches market was estimated to be worth approximately 2.7 million U.S. dollars in 2023. According to Statista estimates, this market is set to see a steep increase, reaching over 3.7 billion U.S. dollars by 2028.
Estimated revenue of the second-hand luxury watches market worldwide from 2014 to 2022, with a forecast up to 2028
(in million U.S. dollars)
About methodology: the second-hand luxury good market is defined as luxury products of the leading luxury goods brands in the apparel, footwear, leather goods, jewelry, watches, and eyewear segment purchased via second-hand channels. Premium products and fragrances are not included in the model. Revenue estimates and forecasts were based off on Statista’s primary research (Global Consumer Survey) and other primary data from the Statista platform as well as third-party data sources in the luxury goods market.
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Statista. (October 21, 2023). Estimated revenue of the second-hand luxury watches market worldwide from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1316070/secondhand-luxury-watches-market-revenue/
Statista. "Estimated revenue of the second-hand luxury watches market worldwide from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars)." Chart. October 21, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1316070/secondhand-luxury-watches-market-revenue/
Statista. (2023). Estimated revenue of the second-hand luxury watches market worldwide from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1316070/secondhand-luxury-watches-market-revenue/
Statista. "Estimated Revenue of The Second-hand Luxury Watches Market Worldwide from 2014 to 2022, with a Forecast up to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Oct 2023, https://www.statista.com/statistics/1316070/secondhand-luxury-watches-market-revenue/
Statista, Estimated revenue of the second-hand luxury watches market worldwide from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1316070/secondhand-luxury-watches-market-revenue/ (last visited November 22, 2024)
Estimated revenue of the second-hand luxury watches market worldwide from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) [Graph], Statista, October 21, 2023. [Online]. Available: https://www.statista.com/statistics/1316070/secondhand-luxury-watches-market-revenue/
