Main reasons to sell used luxury goods worldwide 2021

Published by
Tugba Sabanoglu,
Feb 13, 2024
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

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Release date

November 2021

Region

Worldwide

Survey time period

November 2021

Special properties

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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Statistics on " Personal luxury goods industry worldwide "

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Market overview

7

Sales channels and formats

5

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6

Leading companies

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Brand rankings

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Fashion e-commerce in the United KingdomE-commerce in the United Kingdom (UK)Fashion e-commerce in the United StatesFashion e-commerce in FranceFashion e-commerce worldwide
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