Second-hand luxury goods share in the global luxury market 2022-2028
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.