The global market for Used Luxury Goods Selling Service was estimated to be worth US$ 2893 million in 2024 and is forecast to a readjusted size of US$ 6453 million by 2031 with a CAGR of 11.8% during the forecast period 2025-2031.
Used luxury goods sales services refer to the industry that provides consumers with high-quality, high-value luxury goods and services through the purchase and sale of second-hand luxury goods. These services usually include the identification, valuation, sale, recycling, consignment, maintenance, replacement and other links of second-hand luxury goods, aiming to meet consumers' diverse needs for luxury goods while providing affordable purchasing options.
Global Used Luxury Goods Selling Service includes The RealReal, The Outnet, FASHIONPHILE Group, Vestiaire Collective and SOU Inc, etc. Global top 3 companies hold a share over 33%. Americas is the largest market, with a share about 45%, followed by APAC and Europe with the share about 29% and 24%.
Used luxury goods sales service market drivers
Changes in consumer demand:
With economic development and the improvement of people's living standards, more and more people are pursuing luxury goods, but the high prices make new luxury goods exclusive to some people. Therefore, the emergence of second-hand luxury goods provides an affordable option for consumers who desire luxury goods but have limited budgets.
The younger generation of consumers has a strong interest in luxury brands and is more open to buying second-hand products, which further promotes the growth of the second-hand luxury goods market.
Environmental awareness and sustainable consumption concept:
With the improvement of environmental awareness and the popularization of sustainable consumption concepts, more and more consumers are beginning to pay attention to resource conservation and environmental protection. Buying second-hand luxury goods can reduce the demand for raw materials and the generation of waste, which is in line with the concept of environmental protection and sustainable development.
Price advantage:
Second-hand luxury goods have a significant price advantage over new luxury goods. Consumers can buy high-quality and unique luxury goods at a lower price, satisfying their pursuit of high-quality life.
Market standardization and trust improvement:
With the government's strengthening of supervision over the second-hand luxury goods market and the standardized development of the market, consumers' trust in second-hand luxury goods has gradually increased. At the same time, the establishment of professional appraisal institutions and certification systems also provides consumers with more reliable purchase guarantees.
Technological innovation and online shopping experience:
Technological progress has brought innovation to second-hand luxury goods sales services. For example, the use of advanced technology for authenticity authentication, improving online shopping experience and providing personalized services have promoted the development of the market. The rise of online platforms has also made it easier for consumers to browse and purchase second-hand luxury goods.
Brand official involvement and supply chain optimization:
With more luxury brands officially involved in the second-hand market, certified goods can make consumers feel more assured. At the same time, the cooperation between second-hand platforms and brands has also promoted the optimization of the supply chain and the improvement of overall operational efficiency.
Social media and KOL marketing:
Social media and opinion leaders (KOLs) have a great influence on purchasing behavior. Their promotion and sharing can quickly expand the visibility and influence of the second-hand luxury goods market and attract more potential consumers.
In summary, the growth of the second-hand luxury goods sales service market is driven by a variety of factors. In the future, with the continuous changes in consumer demand and the further development of the market, the second-hand luxury goods sales service market will continue to maintain a booming trend.
This report aims to provide a comprehensive presentation of the global market for Used Luxury Goods Selling Service, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Used Luxury Goods Selling Service by region & country, by Type, and by Sales Channel.
The Used Luxury Goods Selling Service market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Used Luxury Goods Selling Service.
Market Segmentation
By Company
- The RealReal
- The Outnet
- FASHIONPHILE Group
- Vestiaire Collective
- SOU Inc
- Rebag
- Tradesy
- Luxepolis
- Luxury Garage Sale
- The Luxury Closet
- Cudoni
- Bob's Watches
- Yoogi's Closet
- LabelCentric
Segment by Type
- Bags
- Shoes
- Watches
- Clothes
- Others
Segment by Sales Channel
- Online Service
- Offline Service
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Used Luxury Goods Selling Service company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Sales Channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Used Luxury Goods Selling Service in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Used Luxury Goods Selling Service in country level. It provides sigmate data by Type, and by Sales Channel for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Used Luxury Goods Selling Service Product Introduction
- 1.2 Global Used Luxury Goods Selling Service Market Size Forecast (2020-2031)
- 1.3 Used Luxury Goods Selling Service Market Trends & Drivers
- 1.3.1 Used Luxury Goods Selling Service Industry Trends
- 1.3.2 Used Luxury Goods Selling Service Market Drivers & Opportunity
- 1.3.3 Used Luxury Goods Selling Service Market Challenges
- 1.3.4 Used Luxury Goods Selling Service Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Used Luxury Goods Selling Service Players Revenue Ranking (2024)
- 2.2 Global Used Luxury Goods Selling Service Revenue by Company (2020-2025)
- 2.3 Key Companies Used Luxury Goods Selling Service Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Used Luxury Goods Selling Service Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Used Luxury Goods Selling Service
- 2.6 Used Luxury Goods Selling Service Market Competitive Analysis
- 2.6.1 Used Luxury Goods Selling Service Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Used Luxury Goods Selling Service Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Used Luxury Goods Selling Service as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Bags
- 3.1.2 Shoes
- 3.1.3 Watches
- 3.1.4 Clothes
- 3.1.5 Others
- 3.2 Global Used Luxury Goods Selling Service Sales Value by Type
- 3.2.1 Global Used Luxury Goods Selling Service Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Used Luxury Goods Selling Service Sales Value, by Type (2020-2031)
- 3.2.3 Global Used Luxury Goods Selling Service Sales Value, by Type (%) (2020-2031)
4 Segmentation by Sales Channel
- 4.1 Introduction by Sales Channel
- 4.1.1 Online Service
- 4.1.2 Offline Service
- 4.2 Global Used Luxury Goods Selling Service Sales Value by Sales Channel
- 4.2.1 Global Used Luxury Goods Selling Service Sales Value by Sales Channel (2020 VS 2024 VS 2031)
- 4.2.2 Global Used Luxury Goods Selling Service Sales Value, by Sales Channel (2020-2031)
- 4.2.3 Global Used Luxury Goods Selling Service Sales Value, by Sales Channel (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Used Luxury Goods Selling Service Sales Value by Region
- 5.1.1 Global Used Luxury Goods Selling Service Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Used Luxury Goods Selling Service Sales Value by Region (2020-2025)
- 5.1.3 Global Used Luxury Goods Selling Service Sales Value by Region (2026-2031)
- 5.1.4 Global Used Luxury Goods Selling Service Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Used Luxury Goods Selling Service Sales Value, 2020-2031
- 5.2.2 North America Used Luxury Goods Selling Service Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Used Luxury Goods Selling Service Sales Value, 2020-2031
- 5.3.2 Europe Used Luxury Goods Selling Service Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Used Luxury Goods Selling Service Sales Value, 2020-2031
- 5.4.2 Asia Pacific Used Luxury Goods Selling Service Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Used Luxury Goods Selling Service Sales Value, 2020-2031
- 5.5.2 South America Used Luxury Goods Selling Service Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Used Luxury Goods Selling Service Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Used Luxury Goods Selling Service Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Used Luxury Goods Selling Service Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.3.2 United States Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.4.2 Europe Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
- 6.5 China
- 6.5.1 China Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.5.2 China Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.6.2 Japan Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.7.2 South Korea Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.8.2 Southeast Asia Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
- 6.9 India
- 6.9.1 India Used Luxury Goods Selling Service Sales Value, 2020-2031
- 6.9.2 India Used Luxury Goods Selling Service Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Used Luxury Goods Selling Service Sales Value by Sales Channel, 2024 VS 2031
7 Company Profiles
- 7.1 The RealReal
- 7.1.1 The RealReal Profile
- 7.1.2 The RealReal Main Business
- 7.1.3 The RealReal Used Luxury Goods Selling Service Products, Services and Solutions
- 7.1.4 The RealReal Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.1.5 The RealReal Recent Developments
- 7.2 The Outnet
- 7.2.1 The Outnet Profile
- 7.2.2 The Outnet Main Business
- 7.2.3 The Outnet Used Luxury Goods Selling Service Products, Services and Solutions
- 7.2.4 The Outnet Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.2.5 The Outnet Recent Developments
- 7.3 FASHIONPHILE Group
- 7.3.1 FASHIONPHILE Group Profile
- 7.3.2 FASHIONPHILE Group Main Business
- 7.3.3 FASHIONPHILE Group Used Luxury Goods Selling Service Products, Services and Solutions
- 7.3.4 FASHIONPHILE Group Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.3.5 FASHIONPHILE Group Recent Developments
- 7.4 Vestiaire Collective
- 7.4.1 Vestiaire Collective Profile
- 7.4.2 Vestiaire Collective Main Business
- 7.4.3 Vestiaire Collective Used Luxury Goods Selling Service Products, Services and Solutions
- 7.4.4 Vestiaire Collective Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.4.5 Vestiaire Collective Recent Developments
- 7.5 SOU Inc
- 7.5.1 SOU Inc Profile
- 7.5.2 SOU Inc Main Business
- 7.5.3 SOU Inc Used Luxury Goods Selling Service Products, Services and Solutions
- 7.5.4 SOU Inc Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.5.5 SOU Inc Recent Developments
- 7.6 Rebag
- 7.6.1 Rebag Profile
- 7.6.2 Rebag Main Business
- 7.6.3 Rebag Used Luxury Goods Selling Service Products, Services and Solutions
- 7.6.4 Rebag Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.6.5 Rebag Recent Developments
- 7.7 Tradesy
- 7.7.1 Tradesy Profile
- 7.7.2 Tradesy Main Business
- 7.7.3 Tradesy Used Luxury Goods Selling Service Products, Services and Solutions
- 7.7.4 Tradesy Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.7.5 Tradesy Recent Developments
- 7.8 Luxepolis
- 7.8.1 Luxepolis Profile
- 7.8.2 Luxepolis Main Business
- 7.8.3 Luxepolis Used Luxury Goods Selling Service Products, Services and Solutions
- 7.8.4 Luxepolis Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.8.5 Luxepolis Recent Developments
- 7.9 Luxury Garage Sale
- 7.9.1 Luxury Garage Sale Profile
- 7.9.2 Luxury Garage Sale Main Business
- 7.9.3 Luxury Garage Sale Used Luxury Goods Selling Service Products, Services and Solutions
- 7.9.4 Luxury Garage Sale Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.9.5 Luxury Garage Sale Recent Developments
- 7.10 The Luxury Closet
- 7.10.1 The Luxury Closet Profile
- 7.10.2 The Luxury Closet Main Business
- 7.10.3 The Luxury Closet Used Luxury Goods Selling Service Products, Services and Solutions
- 7.10.4 The Luxury Closet Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.10.5 The Luxury Closet Recent Developments
- 7.11 Cudoni
- 7.11.1 Cudoni Profile
- 7.11.2 Cudoni Main Business
- 7.11.3 Cudoni Used Luxury Goods Selling Service Products, Services and Solutions
- 7.11.4 Cudoni Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.11.5 Cudoni Recent Developments
- 7.12 Bob's Watches
- 7.12.1 Bob's Watches Profile
- 7.12.2 Bob's Watches Main Business
- 7.12.3 Bob's Watches Used Luxury Goods Selling Service Products, Services and Solutions
- 7.12.4 Bob's Watches Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.12.5 Bob's Watches Recent Developments
- 7.13 Yoogi's Closet
- 7.13.1 Yoogi's Closet Profile
- 7.13.2 Yoogi's Closet Main Business
- 7.13.3 Yoogi's Closet Used Luxury Goods Selling Service Products, Services and Solutions
- 7.13.4 Yoogi's Closet Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.13.5 Yoogi's Closet Recent Developments
- 7.14 LabelCentric
- 7.14.1 LabelCentric Profile
- 7.14.2 LabelCentric Main Business
- 7.14.3 LabelCentric Used Luxury Goods Selling Service Products, Services and Solutions
- 7.14.4 LabelCentric Used Luxury Goods Selling Service Revenue (US$ Million) & (2020-2025)
- 7.14.5 LabelCentric Recent Developments
8 Industry Chain Analysis
- 8.1 Used Luxury Goods Selling Service Industrial Chain
- 8.2 Used Luxury Goods Selling Service Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Used Luxury Goods Selling Service Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Used Luxury Goods Selling Service Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer