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
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Share of second-hand luxury goods in the overall luxury & premium market from 2014 to 2022, with a forecast up to 2028
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
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.
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 January 22, 2025, 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 January 22, 2025. 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: January 22, 2025. 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 January 22, 2025)
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/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
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.