Second Hand Luxury Goods Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0089949
- Format: Electronic (PDF)
- Publish Type:
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 6.51 |
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INTRODUCTION TO THE MARKET
The Global Second Hand Luxury Goods Market is experiencing stable growth due to the surge in demand for its available product range. This demand is sourced in the (end-user industries), many of which are working on developing innovative solutions for the future. The Second Hand Luxury Goods market has undergone a gradual integration in the leading business sectors, primarily due to the technological development observed in the industry. Our team of expert analysts has devised this market report by reviewing information collected through both primary and secondary research methodologies.
Global Second Hand Luxury Goods Market is valued around US$ xx billion in 2026 is anticipated to grow at a CAGR of xx% over the forecast period 2020-2026.
MARKET SCENARIO
The Second Hand Luxury Goods market is consolidated by industry leaders but has been witnessing the entry of newer players in the past few years. The increasing scope of research and development has also widened the range of products and services offered in the sector. The escalating levels of disposable incomes and rising urbanization have concomitantly increased the purchasing power of customers, leading to the growth of the global market. However, stringency in government regulations and policies has made it challenging for newer companies to enter the market.
MARKET SCOPE
The research report studies vital market aspects, underlining the product types, applications, end-user industries, leading geographic regions, top players, and the concentration of the market. The scope of the study extends to these essential factors to give the reader the current market scenario that highlights the areas that are vital from the perspective of investment and the overall growth. The study also examines recent technological advancements and product launches and explains their impact on the growth of the global industry.
LEADING PLAYERS
The report gives an in-depth assessment of the top companies functioning in the global sector and controlling a sizable portion of the overall market. This section also breaks down the expansion tactics adopted by these companies, along with a detailed assessment of their strategic initiatives by highlighting recent deals, mergers & acquisitions, joint ventures, collaborations, product launches, and technological upgradation. The report creates elaborate company profiles of all leading companies to provide the readers with all relevant data on the competitive landscape, enabling them to capitalize on existing and emerging growth prospects by taking well-informed decisions.
Poshmark, Tradesy Inc., The RealReal, Inc.., Vestiaire Collective, ThredUp, Leprix.
MARKET SEGMENTATION
The Second Hand Luxury Goods market has been segmented on the basis of product types, applications, end-user industries, and leading regional markets. The report segregates the global market for better coverage into regions that account for a major portion of the market share. The leading geographies included in the study are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This analysis of the different segments and sub-segments is intended to help the reader get a better understanding of the factors contributing to the growth of the worldwide market.
Analysis by Segment Type: Apparel, Watches, Jewellery, Bags, Footwear, Accessories
By Distribution Channel: Online Stores and Offline
REGIONAL FRAMEWORK
A study of the leading regional markets is crucial for assessing the global presence of the Second Hand Luxury Goods industry. The regions included in the report are further analyzed by looking at the presence of Second Hand Luxury Goods in major countries in these regions. The regions included in the geographical coverage are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The leading countries in these regions are also considered to establish their standing and contribution to the overall market share. The North America region is set to deliver a steady growth rate in the forecast years owing to the surge in demand seen from the local consumer base.
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Table of Contents
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
4. Global Second Hand Luxury Goods Market: Product Outlook
5. Global Second Hand Luxury Goods Market: An Analysis
5.1 Global Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
5.2 Global Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
5.3 Global Second Hand Luxury Goods Market –Market Attractiveness Chart by Product Type 2024
5.4 Global Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel:(Online and Offline): By Value, 2017-2024
5.5 Global Second Hand Luxury Goods Market –Market Attractiveness Chart by Distribution Channel 2024
5.6 Global Second Hand Luxury Goods Market –Regional Analysis (North America, Europe, APAC and ROW): By in Percentage 2018
5.7 Global Second Hand Luxury Goods Market –Regional Analysis (North America, Europe, APAC and ROW): By in Percentage 2024
6. North America Second Hand Luxury Goods Market: An Analysis
6.1 North America Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
6.2 North America Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
6.3 North America Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel:(Online and Offline): By Value, 2017-2024
6.4 North America Second Hand Luxury Goods Market –Country Analysis (US and Canada): By in Percentage 2018
6.5 North America Second Hand Luxury Goods Market –Country Analysis (US and Canada): By in Percentage 2024
6.6 North America Second Hand Luxury Goods Market –Market Attractiveness by Country 2024
7. U.S. Second Hand Luxury Goods Market: An Analysis
7.1 U.S. Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
7.2 U.S. Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
7.3 U.S. Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel (Online and Offline): By Value, 2017-2024
8. Canada Second Hand Luxury Goods Market: An Analysis
8.1 Canada Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
8.2 Canada Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
8.3 Canada Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel (Online and Offline): By Value, 2017-2024
9. Rest of North America Second Hand Luxury Goods Market: An Analysis
9.1 Rest of North America Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
9.2 Rest of North America Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
9.3 Rest of North America Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel:(Online and Offline): By Value, 2017-2024
10. Europe Second Hand Luxury Goods Market: An Analysis
10.1 Europe Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
10.2 Europe Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
10.3 Europe Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel (Online and Offline): By Value, 2017-2024
10.4 Europe Second Hand Luxury Goods Market –Country Analysis:(US and Canada): By in Percentage 2018
10.5 Europe Second Hand Luxury Goods Market –Country Analysis :(US and Canada): By in Percentage 2024
10.6 Europe Second Hand Luxury Goods Market –Market Attractiveness by Country 2024
11. France Second Hand Luxury Goods Market: An Analysis
11.1 France Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
11.2 France Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
11.3 France Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel (Online and Offline): By Value, 2017-2024
12. Italy Second Hand Luxury Goods Market: An Analysis
12.1 Italy Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
12.2 Italy Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
12.3 Italy Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel (Online and Offline): By Value, 2017-2024
13. APAC Second Hand Luxury Goods Market: An Analysis
13.1 APAC Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
13.2 APAC Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
13.3 APAC Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel:(Online and Offline): By Value, 2017-2024
13.4 APAC Second Hand Luxury Goods Market –Country Analysis (US and Canada): By in Percentage 2018
13.5 APAC Second Hand Luxury Goods Market –Country Analysis :(US and Canada): By in Percentage 2024
13.6 APAC Second Hand Luxury Goods Market –Market Attractiveness by Country 2024
14. China Second Hand Luxury Goods Market: An Analysis
14.1 China Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
14.2 China Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
14.3 China Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel:(Online and Offline): By Value, 2017-2024
15. ROW Second Hand Luxury Goods Market: An Analysis
15.1 ROW Second Hand Luxury Goods Market Size, By Value, Historical and Forecast, 2017-2024 (USD Million)
15.2 ROW Second Hand Luxury Goods Market –Segment Analysis (Apparel, Watches, Jewellery, Bags, Footwear and Accessories): By Value, 2017-2024
15.3 ROW Second Hand Luxury Goods Market –Segment Analysis, By Distribution Channel (Online and Offline): By Value, 2017-2024
16. Global Second Hand Product Market Dynamics
16.1 Drivers
16.2 Challenges
17. Global Second Hand Product SWOT Analysis
18. Porter's Five Forces Analysis
19. Company Profiles
19.1 Poshmark
19.2 Tradesy Inc.
19.3 The RealReal, Inc.
19.4 Vestiaire Collective
19.5 ThredUp
19.6 Leprix
Figure 1: Global Second Hand Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 2: Global Per Capita Income, 2014-2018 (In USD)
Figure 3: Global Gross domestic product, 2014-2018 (USD Trillion)
Figure 4: Global Aged Population (Above 65), 2014-2018 (% of total)
Figure 5: Global Urban Population, 2014-2018 (% of total)
Figure 6: Global Population, 2014–2018, (In Billion)
Figure 7: Global working population, 2014-2018 (In Billion)
Figure 8: Global women labour force, 2014-2018 (% of total labour force)
Figure 9: GDP Growth across regions, 2014–2019 (%)
Figure 10: Global GDP at market Price, 2014-2018 (%)
Figure 11: Country Wise GDP Per Capita Income, 2013-2015 (USD)
Figure 12: GDP Per Capita PPP, By Select Countries, 2017 (USD)
Figure 13: GDP Per Capita PPP, By Select Countries, 2022F (USD)
Figure 14: Worldwide urban population, 2013-2017 (Billion)
Figure 15: Worldwide number of internet users, 2013-2016 (Billions)
Figure 16: Worldwide Number of Middle-Class Households, 2013-2017 (Billions)
Figure 17: Global Second Hand Luxury Market Size, By Product Type, 2018 (%)
Figure 18: Global Second Hand Luxury Market Size, By Product Type, 2024F (%)
Figure 19: Global Second Hand Luxury Market: By Product Type, By Value, 2017-2024 (USD Million)
Figure 20: Market Opportunity Chart of Global Second Hand Luxury Market - By Product Type (Year - 2024)
Figure 21: Global Second Hand Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 22: Market Opportunity Chart of Global Second Hand Luxury Market - By Sales Channel (Year- 2024)
Figure 23: Global Second Hand Luxury Goods Market Share, By Region, 2018 (%)
Figure 24: Global Second Hand Luxury Goods Market Share, By Region, 2024 (%)
Figure 25: Market Opportunity Chart of Global Second Hand Luxury Market - By Region (Year-2024)
Figure 26: North America Second Hand Personal Luxury Market, By Value, 2017-2024 (USD Million)
Figure 27: North America Population, 2014–2018 (In Million)
Figure 28: North America Urban Population, 2014-2018 (% of total)
Figure 29: North America Gross domestic product, 2014-2018 (USD Trillion)
Figure 30: North America GDP Per Capita Income, 2014-2018 (Current USD)
Figure 31: North America population aged 65 and above, 2014-2018 (% of total)
Figure 32: Global Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 33: North America Second Hand Personal Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 34: North America Second Hand Luxury Market Size, By Countries Share, 2018 (%)
Figure 35: North America Second Hand Luxury Market Size, By Countries Share, 2024F (%)
Figure 36: Market Opportunity Chart of North America Second Hand Luxury Market - By Country (Year- 2024)
Figure 37: United States Meal Replacement Market Size, By Value, 2017-2024 (USD Million)
Figure 38: Average Annual Consumer Expenditure in United States, 2014-2018 (USD)
Figure 39: United States Gross Domestic Product Growth Rate (%), 2013-17
Figure 40: United States Urban Population (% of Total Population)
Figure 41: U.S., Population ages 65 and above, Forecast (In Millions)
Figure 42: US Disposable Consumer Income, USD Billion
Figure 43: US Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 44: US Second Hand Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 45: Canada Second Hand Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 46: Canada Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 47: Canada Second Hand Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 48: Rest of North America Second Hand Personal Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 49: Rest of North America Second Hand Personal Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 50: Rest of North America Second Hand Personal Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 51: Europe Second Hand Luxury Size, By Value, 2017-2024 (USD Million)
Figure 52: Europe Population, 2014–2018 (In Million)
Figure 53: Europe Urban Population, 2014-2018 (% of total)
Figure 54: Europe Gross domestic product, 2013-2017 (USD Trillion)
Figure 55: Europe Population ages 65 years and above (% of total population), 2014-18
Figure 56: Europe Second Hand Luxury Market: By Product Type, By Value, 2017-2024 (USD Million)
Figure 57: Europe Second Hand Personal Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 58: Europe Second Hand Luxury Market Size, By Countries Share, 2018 (%)
Figure 59: Europe Second Hand Luxury Market Size, By Countries Share, 2024F (%)
Figure 60: Market Opportunity Chart of Europe Second Hand Personal Luxury Market - By Country (Year-2024)
Figure 61: France second Hand Luxury Market, By Value, 2017-2024 (USD Million)
Figure 62: France Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 63: France Second Hand Luxury Market, By Value, By Type, By Value, 2017-2024 (USD Million)
Figure 64: Italy Second Hand Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 65: Italy Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 66: Italy Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 67: Italy Second Hand Luxury Market, By Value, By Type, By Value, 2017-2024 (USD Million)
Figure 68: Rest of Europe Second Hand Personal Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 69: Rest of Europe Second Hand Personal Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 70: APAC Second Hand Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 71: APAC Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 72: APAC Second Hand Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 73: APAC Second Hand Luxury Market Size, By Countries Share, 2018 (%)
Figure 74: APAC Second Hand Luxury Market Size, By Countries Share, 2024F (%)
Figure 75: Market Opportunity Chart of APAC Second Hand Personal Luxury Market - By Country (Year-2024)
Figure 76: China Second Hand Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 77: China Gross domestic product, 2014-2018 (USD Trillion)
Figure 78: China population, 2014-2018 (In Billions)
Figure 79: China Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 80: China Second Hand Luxury Market: By Distribution Channel, By Value, 2017-2024 (USD Million)
Figure 81: Rest of APAC Second Hand Personal Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 82: Rest of APAC Second Hand Personal Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 83: Rest of APAC Second Hand Personal Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
Figure 84: ROW Second Hand Luxury Market Size, By Value, 2017-2024 (USD Million)
Figure 85: Rest of the world Gross domestic product, 2013-2017 (USD Trillion)
Figure 86: Rest of the World Urban population, 2013-2017 (% of total population)
Figure 87: Rest of the World Total Population, 2013-2017 (In Million)
Figure 88: Rest of the World Per capita Income, 2013-2017 (In USD)
Figure 89: ROW Second Hand Luxury Market: By Type, By Value, 2017-2024 (USD Million)
Figure 90: ROW Second Hand Luxury Market: By Sales Channel, By Value, 2017-2024 (USD Million)
List of Tables
Table A: EU-5 Socio-Economical Statistics, 2018
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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