The share of the second-hand luxury goods in overall global luxury & premium goods market was estimated to be around 4.2 percent in 2023. According to Statista estimates, market share of the second-hand luxury goods is projected to see an increase, reaching over 4.9 percent by 2028. The second-hand luxury market comprises of apparel, footwear, leather goods, jewelry, watches, and eyewear purchased via platforms for second-hand luxury goods, such as Poshmark and Vestiaire Collective.
Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (October 1, 2023). Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1316121/share-of-secondhand-in-global-luxury-market/
Statista. "Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028." Chart. October 1, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1316121/share-of-secondhand-in-global-luxury-market/
Statista. (2023). Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1316121/share-of-secondhand-in-global-luxury-market/
Statista. "Share of Second-hand Luxury Goods in The Overall Luxury & Premium Market from 2014 to 2022, with a Forecast up to 2028." Statista, Statista Inc., 1 Oct 2023, https://www.statista.com/statistics/1316121/share-of-secondhand-in-global-luxury-market/
Statista, Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028 Statista, https://www.statista.com/statistics/1316121/share-of-secondhand-in-global-luxury-market/ (last visited December 30, 2024)
Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028 [Graph], Statista, October 1, 2023. [Online]. Available: https://www.statista.com/statistics/1316121/share-of-secondhand-in-global-luxury-market/
