+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Secondhand Luxury Goods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • ID: 5401393
  • Report
  • August 2021
  • Region: Global
  • 144 pages
  • IMARC Group

FEATURED COMPANIES

  • Fashionphile Group LLC.
  • Garderobe
  • Inseller
  • Luxury Closet Inc.
  • The Closet
  • Timepiece360
  • MORE
The global secondhand luxury goods market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of 10.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.

Secondhand luxury goods refer to the high-end and premium items that are purchased by the second or later end user. These goods commonly include antique furniture, artworks, jewelry, footwear, apparel, and fashion accessories, such as bags, watches, etc. Various luxury goods are usually durable with an extended warranty period which makes them suitable for the resale market. Furthermore, the re-selling of unwanted goods instead of discarding them also provides economic benefits to the seller. Additionally, secondhand luxury goods help in minimizing the dependence on high-quality raw materials for manufacturing new products along with reducing waste production levels. Generally, secondhand luxury goods are sold at auctions, charity events, bazaar-style fundraisers, privately-owned consignment shops, etc.

Global Secondhand Luxury Goods Market Trends:

The rising consumer living standards supported by their increasing disposable income levels have boosted the market for secondhand luxury goods across both developed and emerging economies, with the millennial and urbanized population opting for high-end fashion accessories at lower prices. Additionally, the wide availability of secondhand luxury goods on online platforms along with the diminishing stigma of using pre-owned luxury goods, have further propelled the market growth. Besides this, several online resale sites are entering into strategic partnerships and alliances with luxury brands for improving the reputation of pre-owned luxury products, thereby positively influencing the market growth. Furthermore, the rising popularity of limited capsule collections and fashion drops have also created scarcity for luxury items, which in turn is catalyzing the demand for secondhand luxury goods. Moreover, various secondhand luxury platforms are increasingly investing in authentication procedures and quality checks for providing a safe and reliable environment for the customers to re-sell and buy luxury goods. All the above-mentioned factors will continue to fuel the growth of the global second-hand luxury goods market over the forecast period.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global secondhand luxury goods market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product type, demography and distribution channel.

Breakup by Product Type:

  • Handbags
  • Jewelry & Watches
  • Clothing
  • Small Leather Goods
  • Footwear
  • Accessories
  • Other
Based on the product type, jewelry and watches currently dominate the market, accounting for the majority of the global market share. Other major segments are handbags, clothing, small leather goods, footwear and accessories.

Breakup by Demography:

  • Women
  • Men
  • Unisex
The market has been categorized based on the demography into men, women, and unisex.

Breakup by Distribution Channel:

  • Offline
  • Online
On the basis of the distribution channel, the majority of the secondhand luxury goods are distributed through offline channels, followed by online channels.

Breakup by Region

  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • North America
  • United States
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
  • Middle East and Africa
  • Turkey
  • Saudi Arabia
  • Iran
  • United Arab Emirates
  • Others
Region-wise, Europe (Germany, France, Italy, the United Kingdom, Russia, Spain and others) exhibits a clear dominance in the market. Other major regions include Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), North America (the United States and Canada), Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates and others).

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being, Fashionphile Group LLC., Fendi, Garderobe, Inseller, Luxepolis, Luxury Closet, Inc., So Chic Boutique, The Closet, The RealReal Inc., Timepiece360, Vestiaire Collective, and Yoogi's Closet, Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Fashionphile Group LLC.
  • Garderobe
  • Inseller
  • Luxury Closet Inc.
  • The Closet
  • Timepiece360
  • MORE
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Secondhand Luxury Goods Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product Type
6.1 Handbags
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Jewelry & Watches
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Clothing
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Small Leather Goods
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Footwear
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Accessories
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Other
6.7.1 Market Trends
6.7.2 Market Forecast

7 Market Breakup by Demography
7.1 Women
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Men
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unisex
7.3.1 Market Trends
7.3.2 Market Forecast

8 Market Breakup by Distribution Channel
8.1 Offline
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Online
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Region
9.1 Europe
9.1.1 Germany
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 France
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.1.3 United Kingdom
9.1.3.1 Market Trends
9.1.3.2 Market Forecast
9.1.4 Italy
9.1.4.1 Market Trends
9.1.4.2 Market Forecast
9.1.5 Spain
9.1.5.1 Market Trends
9.1.5.2 Market Forecast
9.1.6 Russia
9.1.6.1 Market Trends
9.1.6.2 Market Forecast
9.1.7 Others
9.1.7.1 Market Trends
9.1.7.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 North America
9.3.1 United States
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 Canada
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Argentina
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.4.4 Colombia
9.4.4.1 Market Trends
9.4.4.2 Market Forecast
9.4.5 Chile
9.4.5.1 Market Trends
9.4.5.2 Market Forecast
9.4.6 Peru
9.4.6.1 Market Trends
9.4.6.2 Market Forecast
9.4.7 Others
9.4.7.1 Market Trends
9.4.7.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Turkey
9.5.1.1 Market Trends
9.5.1.2 Market Forecast
9.5.2 Saudi Arabia
9.5.2.1 Market Trends
9.5.2.2 Market Forecast
9.5.3 Iran
9.5.3.1 Market Trends
9.5.3.2 Market Forecast
9.5.4 United Arab Emirates
9.5.4.1 Market Trends
9.5.4.2 Market Forecast
9.5.5 Others
9.5.5.1 Market Trends
9.5.5.2 Market Forecast

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Fashionphile Group LLC.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Fendi
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Garderobe
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Inseller
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Luxepolis
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Luxury Closet, Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 So Chic Boutique
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 The Closet
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 The RealReal, Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Timepiece360
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Vestiaire Collective
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Yoogi's Closet, Inc.
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio

List of Figures
Figure 1: Global: Secondhand Luxury Goods Market: Major Drivers and Challenges
Figure 2: Global: Secondhand Luxury Goods Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 5: Global: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: Secondhand Luxury Goods Market: Breakup by Region (in %), 2020
Figure 7: Global: Secondhand Luxury Goods Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Secondhand Luxury Goods (Handbags) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Secondhand Luxury Goods (Handbags) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Secondhand Luxury Goods (Jewellery & Watches) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Secondhand Luxury Goods (Jewellery & Watches) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Secondhand Luxury Goods (Clothing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Secondhand Luxury Goods (Clothing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Secondhand Luxury Goods (Small Leather Goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Secondhand Luxury Goods (Small Leather Goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Secondhand Luxury Goods (Footwear) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Secondhand Luxury Goods (Footwear) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Secondhand Luxury Goods (Accessories) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Secondhand Luxury Goods (Accessories) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Secondhand Luxury Goods (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Secondhand Luxury Goods (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Secondhand Luxury Goods (Women) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Secondhand Luxury Goods (Women) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Secondhand Luxury Goods (Men) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Secondhand Luxury Goods (Men) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Secondhand Luxury Goods (Unisex) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Secondhand Luxury Goods (Unisex) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Secondhand Luxury Goods (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Secondhand Luxury Goods (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Secondhand Luxury Goods (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Secondhand Luxury Goods (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Europe: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Europe: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Germany: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Germany: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: France: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: France: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: United Kingdom: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: United Kingdom: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Italy: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Italy: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Spain: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Spain: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Russia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Russia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Others: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Others: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Asia Pacific: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Asia Pacific: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: China: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: China: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Japan: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Japan: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: South Korea: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: South Korea: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Australia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Australia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Indonesia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Indonesia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Others: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Others: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: North America: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: North America: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: United States: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: United States: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Canada: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Canada: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Latin America: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Brazil: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Brazil: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Mexico: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Mexico: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Argentina: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Argentina: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Colombia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Colombia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Chile: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Chile: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Peru: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Peru: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Others: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Others: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Middle East and Africa: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Middle East and Africa: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Turkey: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Turkey: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Saudi Arabia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 91: Saudi Arabia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Iran: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 93: Iran: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 94: United Arab Emirates: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 95: United Arab Emirates: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 96: Others: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 97: Others: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 98: Global: Secondhand Luxury Goods Industry: SWOT Analysis
Figure 99: Global: Secondhand Luxury Goods Industry: Value Chain Analysis
Figure 100: Global: Secondhand Luxury Goods Industry: Porter’s Five Forces Analysis

List of Tables
Table 1: Global: Secondhand Luxury Goods Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Secondhand Luxury goods Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Secondhand Luxury Goods Market Forecast: Breakup by Demography (in Million US$), 2021-2026
Table 4: Global: Secondhand Luxury Goods Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Global: Secondhand Luxury Goods Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Secondhand Luxury Goods Market: Competitive Structure
Table 7: Global: Secondhand Luxury Goods Market: Key Players
Note: Product cover images may vary from those shown
  • Fashionphile Group LLC.
  • Fendi
  • Garderobe
  • Inseller
  • Luxepolis
  • Luxury Closet Inc.
  • So Chic Boutique
  • The Closet
  • The RealReal Inc.
  • Timepiece360
  • Vestiaire Collective
  • Yoogi's Closet
  • Inc.
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll