Second-hand luxury market revenue forecast by segment 2028

The revenue of the worldwide second-hand luxury goods market was estimated to be worth 7.1 billion U.S. dollars in 2022. According to Statista estimates, the leading segment in the second-hand luxury goods market was luxury leather goods, which had a revenue of 1.85 billion U.S. dollars in 2022, forecast to grow to 4.3 billion U.S. dollars by 2028.

Estimated revenue of the second-hand luxury goods market worldwide in 2022 and 2028, by segment (in million U.S. dollars)

Characteristic	2022	2028
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Release date

October 2023

More information

Region

Worldwide

Survey time period

2023

Supplementary notes

About methodology: the second-hand luxury good market is defined as luxury products of the leading luxury goods brands in the apparel, footwear, leather goods, jewelry, watches, and eyewear segment purchased via second hand channels. Premium products and fragrances are not included in the model. Revenue estimates and forecasts were based on Statista’s primary research (Global Consumer Survey) and other primary data from the Statista platform as well as third-party data sources in the luxury goods market.

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