Motivation for selling luxury goods on resale platforms worldwide 2018

In 2018, 44 percent of luxury consumers stated that they had previously sold luxury items through second-hand platforms to free up closet space. Financing new luxury good purchases was the second most popular reason behind selling luxury goods on second-hand platforms that year.

Reasons consumers sell luxury goods on second hand platforms worldwide in 2018

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Sources

Release date

April 2019

Region

Worldwide

Survey time period

December 2018 to January 2019

Number of respondents

4,080 respondents

Special properties

Luxury consumer respondents from 10 countries who had previously sold luxury items

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Statistics on "Luxury goods in the United Kingdom (UK)"

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