A 2021 survey revealed that most secondhand sellers sold their pre-owned luxury products to free up closet space, with 41 percent of respondents citing this. The second most popular reason for selling pre-owned luxury items was due to the seller's style changing, with 36 percent of respondents reporting so.
Leading reasons to sell pre-owned luxury products worldwide as of 2021
pre-owned sellers in North America, the European Union, and Asia
Supplementary notes
To the question: "You mentioned that you already engaged in selling some of the leather goods, accessories and footwear you purchased (new or pre-owned). What triggered these sales?"
The source does not specify the sample size.
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McKinsey & Company. (November 29, 2021). Leading reasons to sell pre-owned luxury products worldwide as of 2021 [Graph]. In Statista. Retrieved October 07, 2024, from https://www.statista.com/statistics/1307701/reasons-sell-luxury-pre-owned-items/
McKinsey & Company. "Leading reasons to sell pre-owned luxury products worldwide as of 2021." Chart. November 29, 2021. Statista. Accessed October 07, 2024. https://www.statista.com/statistics/1307701/reasons-sell-luxury-pre-owned-items/
McKinsey & Company. (2021). Leading reasons to sell pre-owned luxury products worldwide as of 2021. Statista. Statista Inc.. Accessed: October 07, 2024. https://www.statista.com/statistics/1307701/reasons-sell-luxury-pre-owned-items/
McKinsey & Company. "Leading Reasons to Sell Pre-owned Luxury Products Worldwide as of 2021." Statista, Statista Inc., 29 Nov 2021, https://www.statista.com/statistics/1307701/reasons-sell-luxury-pre-owned-items/
McKinsey & Company, Leading reasons to sell pre-owned luxury products worldwide as of 2021 Statista, https://www.statista.com/statistics/1307701/reasons-sell-luxury-pre-owned-items/ (last visited October 07, 2024)
Leading reasons to sell pre-owned luxury products worldwide as of 2021 [Graph], McKinsey & Company, November 29, 2021. [Online]. Available: https://www.statista.com/statistics/1307701/reasons-sell-luxury-pre-owned-items/
