The revenue of the second-hand luxury goods market in North America was estimated to be worth around 2.6 billion U.S. dollars in 2023. According to Statista estimates, this market is set to see an increase, reaching over 3.6 billion U.S. dollars by 2028. The second-hand luxury market comprises of apparel, footwear, leather goods, jewelry, watches, and eyewear purchased via platforms for second-hand luxury goods, such as Poshmark and Vestiaire Collective.
Estimated revenue of the second-hand luxury goods market in North America from 2014 to 2022, with a forecast up to 2028
(in million U.S. dollars)
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (October 1, 2023). Estimated revenue of the second-hand luxury goods market in North America from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1315925/secondhand-luxury-market-revenue-north-america/
Statista. "Estimated revenue of the second-hand luxury goods market in North America from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars)." Chart. October 1, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1315925/secondhand-luxury-market-revenue-north-america/
Statista. (2023). Estimated revenue of the second-hand luxury goods market in North America from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1315925/secondhand-luxury-market-revenue-north-america/
Statista. "Estimated Revenue of The Second-hand Luxury Goods Market in North America from 2014 to 2022, with a Forecast up to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1315925/secondhand-luxury-market-revenue-north-america/
Statista, Estimated revenue of the second-hand luxury goods market in North America from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1315925/secondhand-luxury-market-revenue-north-america/ (last visited November 10, 2024)
Estimated revenue of the second-hand luxury goods market in North America from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) [Graph], Statista, October 1, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1315925/secondhand-luxury-market-revenue-north-america/
