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    Home > Research Reports > Secondhand Luxury Goods Market
    Research Reports

    Secondhand Luxury Goods Market

    Secondhand Luxury Goods Market

    Published by maria gbaf

    Posted on November 9, 2021

    Featured image for article about Research Reports

    According to IMARC Group’s latest report, titled “Secondhand Luxury Goods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global secondhand luxury goods market exhibited strong growth during 2015-2020. Secondhand luxury goods are the high-end and premium items that are later purchased by the second end-user. These goods majorly include jewelry, artworks, footwear, apparel, fashion accessories, etc. Secondhand luxury goods are usually durable with an extended warranty period that makes them suitable for the resale market. These goods are generally sold at charity events, auctions, bazaar-style fundraisers, privately-owned consignment shops, etc.

    Request for a PDF sample of this report: https://www.imarcgroup.com/secondhand-luxury-goods-market/requestsample

    The global secondhand luxury goods market is primarily propelled by the increasing disposable income levels that have enabled the millennial and urbanized population to opt for high-end fashion accessories at lower prices. Additionally, the emergence of secondhand luxury goods on online platforms, along with the diminishing stigma of using pre-owned luxury goods, has further augmented the market growth. Several online resale sites are forming strategic alliances with various luxury brands to market pre-owned luxury products. Furthermore, the rising demand for limited capsule collections and fashion drops has created scarcity for premium luxury items, thereby catalyzing the market for secondhand luxury goods. Apart from this, the growing investments to enhance authentication procedures and quality checks of products are further anticipated to bolster the market growth over the forecast period. Looking forward, IMARC Group expects the market to grow at a CAGR of 10.3% during 2021-2026.

    As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

    Competitive Landscape with Key Players:

    • Fashionphile Group LLC.
    • Fendi
    • Garderobe
    • Inseller
    • Luxepolis
    • Luxury Closet, Inc.
    • So Chic Boutique
    • The Closet
    • The RealReal Inc.
    • Timepiece360
    • Vestiaire Collective
    • Yoogi’s Closet, Inc.

    Market Segmentation:

    Breakup by Product Type:

    • Handbags
    • Jewelry & Watches
    • Clothing
    • Small Leather Goods
    • Footwear
    • Accessories
    • Other

    Breakup by Demography:

    • Women
    • Men
    • Unisex

    Breakup by Distribution Channel:

    • Offline
    • Online

    Breakup by Region:

    • North America (United States, Canada)
    • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
    • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
    • Latin America (Brazil, Mexico, Others)
    • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

    Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/secondhand-luxury-goods-market

    We are updating our reports, if you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

    Key highlights of the report:                                           

    • Market Performance (2015-2020)
    • Market Outlook (2021-2026)
    • Market Trends
    • Market Drivers and Success Factors
    • The Impact of COVID-19 on the Global Market
    • Value Chain Analysis
    • Structure of the Global Market
    • Comprehensive mapping of the competitive landscape

    If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

    Related Reports by IMARC Group:

    India Secondhand Luxury Goods Market: https://www.imarcgroup.com/india-secondhand-luxury-goods-market

    Brazil Beauty and Personal Care Products Market: https://www.imarcgroup.com/brazil-beauty-personal-care-products-market

    Home Decor Market: https://www.imarcgroup.com/home-decorative-materials-market

    Pet Food Market: https://www.imarcgroup.com/pet-food-market

    Europe Footwear Market: https://www.imarcgroup.com/europe-footwear-market

    United States Footwear Market: https://www.imarcgroup.com/united-states-footwear-market

    Smart Water Meter Market: https://www.imarcgroup.com/smart-water-meter-market

    Herbal Supplements Market: https://www.imarcgroup.com/herbal-supplements-market

    Perfume Market: https://www.imarcgroup.com/perfume-manufacturing-plant

    Bath and Shower Products Market: https://www.imarcgroup.com/bath-shower-products-market

    Baseball Equipment Market: https://www.imarcgroup.com/baseball-equipment-market

    About Us

    IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

    IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

    Contact US:

    IMARC Group

    30 N Gould St Ste R

    Sheridan, WY 82801 USA – Wyoming

    Email: Sales@imarcgroup.com
    Tel No:(D) +91 120 433 0800
    Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

    According to IMARC Group’s latest report, titled “Secondhand Luxury Goods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global secondhand luxury goods market exhibited strong growth during 2015-2020. Secondhand luxury goods are the high-end and premium items that are later purchased by the second end-user. These goods majorly include jewelry, artworks, footwear, apparel, fashion accessories, etc. Secondhand luxury goods are usually durable with an extended warranty period that makes them suitable for the resale market. These goods are generally sold at charity events, auctions, bazaar-style fundraisers, privately-owned consignment shops, etc.

    Request for a PDF sample of this report: https://www.imarcgroup.com/secondhand-luxury-goods-market/requestsample

    The global secondhand luxury goods market is primarily propelled by the increasing disposable income levels that have enabled the millennial and urbanized population to opt for high-end fashion accessories at lower prices. Additionally, the emergence of secondhand luxury goods on online platforms, along with the diminishing stigma of using pre-owned luxury goods, has further augmented the market growth. Several online resale sites are forming strategic alliances with various luxury brands to market pre-owned luxury products. Furthermore, the rising demand for limited capsule collections and fashion drops has created scarcity for premium luxury items, thereby catalyzing the market for secondhand luxury goods. Apart from this, the growing investments to enhance authentication procedures and quality checks of products are further anticipated to bolster the market growth over the forecast period. Looking forward, IMARC Group expects the market to grow at a CAGR of 10.3% during 2021-2026.

    As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

    Competitive Landscape with Key Players:

    • Fashionphile Group LLC.
    • Fendi
    • Garderobe
    • Inseller
    • Luxepolis
    • Luxury Closet, Inc.
    • So Chic Boutique
    • The Closet
    • The RealReal Inc.
    • Timepiece360
    • Vestiaire Collective
    • Yoogi’s Closet, Inc.

    Market Segmentation:

    Breakup by Product Type:

    • Handbags
    • Jewelry & Watches
    • Clothing
    • Small Leather Goods
    • Footwear
    • Accessories
    • Other

    Breakup by Demography:

    • Women
    • Men
    • Unisex

    Breakup by Distribution Channel:

    • Offline
    • Online

    Breakup by Region:

    • North America (United States, Canada)
    • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
    • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
    • Latin America (Brazil, Mexico, Others)
    • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

    Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/secondhand-luxury-goods-market

    We are updating our reports, if you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

    Key highlights of the report:                                           

    • Market Performance (2015-2020)
    • Market Outlook (2021-2026)
    • Market Trends
    • Market Drivers and Success Factors
    • The Impact of COVID-19 on the Global Market
    • Value Chain Analysis
    • Structure of the Global Market
    • Comprehensive mapping of the competitive landscape

    If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

    Related Reports by IMARC Group:

    India Secondhand Luxury Goods Market: https://www.imarcgroup.com/india-secondhand-luxury-goods-market

    Brazil Beauty and Personal Care Products Market: https://www.imarcgroup.com/brazil-beauty-personal-care-products-market

    Home Decor Market: https://www.imarcgroup.com/home-decorative-materials-market

    Pet Food Market: https://www.imarcgroup.com/pet-food-market

    Europe Footwear Market: https://www.imarcgroup.com/europe-footwear-market

    United States Footwear Market: https://www.imarcgroup.com/united-states-footwear-market

    Smart Water Meter Market: https://www.imarcgroup.com/smart-water-meter-market

    Herbal Supplements Market: https://www.imarcgroup.com/herbal-supplements-market

    Perfume Market: https://www.imarcgroup.com/perfume-manufacturing-plant

    Bath and Shower Products Market: https://www.imarcgroup.com/bath-shower-products-market

    Baseball Equipment Market: https://www.imarcgroup.com/baseball-equipment-market

    About Us

    IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

    IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

    Contact US:

    IMARC Group

    30 N Gould St Ste R

    Sheridan, WY 82801 USA – Wyoming

    Email: Sales@imarcgroup.com
    Tel No:(D) +91 120 433 0800
    Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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