Global luxury resale market size 2021-2026

Published by Statista Research Department, May 22, 2023
In 2021, the global luxury resale market reached an overall value of approximately 33 billion U.S. dollars. This industry is expected to reach a market size of 52 billion U.S. dollars by 2026, with a forecasted compound annual growth rate (CAGR) of 9.6 percent.

Luxury resale market value worldwide from 2021 to 2026 (in billion U.S. dollars)

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Sources

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Release date

March 2022

Region

Worldwide

Survey time period

May 2022

Supplementary notes

* Starting from this year, figures are forecasts. To calculate them, an exponential development of the values between 2021 and 2025 was assumed. The values for 2021 and 2025 were provided by the source. Numbers were rounded.

Figures generated from company coverage on the following: The RealReal, Inc.; Vestiaire Collective; Poshmark Inc.; ThredUp, Inc.

The source does not specify the date of publication.

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Overview

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Leading platforms

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Categories

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Consumer behavior

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Mobile traffic

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Topics

Second-hand e-commerceApparel and footwear resale in the U.S.Second-hand goods in CanadaSecondhand retail in the United Kingdom (UK)Fashion e-commerce worldwide
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