Second-hand luxury goods market growth rate 2022-2028
Global second-hand luxury goods market was estimated to grow by nine percent in 2023. This market saw its steepest growth during the pandemic year of 2020 at 17 percent. According to Statista estimates, second-hand luxury goods market is expected to grow with a steady rate of three percent annually between 2023 and 2028. The second-hand luxury market comprises of apparel, footwear, leather goods, jewelry, watches, and eyewear purchased via platforms for second-hand luxury goods.