Second-hand luxury goods market revenue GCC 2022-2028
The revenue of the second-hand luxury goods market in Gulf Cooperation Council was estimated to be worth around 174 million U.S. dollars in 2023. According to Statista estimates, this market is set to see an increase, reaching over 250 million U.S. dollars 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.