The revenue of the second-hand luxury goods market in Australia and Oceania was estimated to be worth around 309 million U.S. dollars in 2023. According to Statista forecasts, this market is set to see an increase, reaching over 466 million U.S. dollars by 2028.
Estimated revenue of the second-hand luxury goods market in Australia and Oceania from 2014 to 2022, with a forecast up to 2027
(in million U.S. dollars)
About methodology: 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 off 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.
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Statista. (October 1, 2023). Estimated revenue of the second-hand luxury goods market in Australia and Oceania from 2014 to 2022, with a forecast up to 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316119/secondhand-luxury-market-revenue-australia/
Statista. "Estimated revenue of the second-hand luxury goods market in Australia and Oceania from 2014 to 2022, with a forecast up to 2027 (in million U.S. dollars)." Chart. October 1, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316119/secondhand-luxury-market-revenue-australia/
Statista. (2023). Estimated revenue of the second-hand luxury goods market in Australia and Oceania from 2014 to 2022, with a forecast up to 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316119/secondhand-luxury-market-revenue-australia/
Statista. "Estimated Revenue of The Second-hand Luxury Goods Market in Australia and Oceania from 2014 to 2022, with a Forecast up to 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316119/secondhand-luxury-market-revenue-australia/
Statista, Estimated revenue of the second-hand luxury goods market in Australia and Oceania from 2014 to 2022, with a forecast up to 2027 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316119/secondhand-luxury-market-revenue-australia/ (last visited November 10, 2024)
Estimated revenue of the second-hand luxury goods market in Australia and Oceania from 2014 to 2022, with a forecast up to 2027 (in million U.S. dollars) [Graph], Statista, October 1, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316119/secondhand-luxury-market-revenue-australia/