According to a survey conducted in 2021, 41 percent of global consumers bought pre-owned luxury products because, this way, they can get hard-to-find products or items that are no longer newly available. Additionally, 40 percent purchased used luxury goods because it's more sustainable.
Leading reasons to purchase pre-owned luxury products worldwide as of 2021
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McKinsey & Company. (November 29, 2021). Leading reasons to purchase pre-owned luxury products worldwide as of 2021 [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/1307758/reasons-buy-luxury-pre-owned-items/
McKinsey & Company. "Leading reasons to purchase pre-owned luxury products worldwide as of 2021." Chart. November 29, 2021. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/1307758/reasons-buy-luxury-pre-owned-items/
McKinsey & Company. (2021). Leading reasons to purchase pre-owned luxury products worldwide as of 2021. Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/1307758/reasons-buy-luxury-pre-owned-items/
McKinsey & Company. "Leading Reasons to Purchase Pre-owned Luxury Products Worldwide as of 2021." Statista, Statista Inc., 29 Nov 2021, https://www.statista.com/statistics/1307758/reasons-buy-luxury-pre-owned-items/
McKinsey & Company, Leading reasons to purchase pre-owned luxury products worldwide as of 2021 Statista, https://www.statista.com/statistics/1307758/reasons-buy-luxury-pre-owned-items/ (last visited December 09, 2024)
Leading reasons to purchase pre-owned luxury products worldwide as of 2021 [Graph], McKinsey & Company, November 29, 2021. [Online]. Available: https://www.statista.com/statistics/1307758/reasons-buy-luxury-pre-owned-items/