Second-hand luxury goods market revenue by region 20223
The revenue of the second-hand market for luxury goods, including watches, jewelry, apparel, footwear, leather goods and eyewear, was the highest in Asia, with an estimated value of about 3.97 billion U.S. dollars in 2023. According to Statista estimates, Europe followed Asia, with a market revenue worth 2.66 billion U.S. dollars for pre-owned luxury goods.