openPR Logo
Press release

Europe Secondhand Luxury Goods Market Share, Size and Report Forecast 2022-2027

12-07-2022 04:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Europe Secondhand Luxury Goods Market Share, Size and Report

According to the latest report by IMARC Group "Europe Secondhand Luxury Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The Europe secondhand luxury goods market reached a value of US$ 15.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 24.8 Billion by 2027, exhibiting a CAGR of 8.7% during 2022-2027.

Secondhand luxury goods refer to high-end and premium items that are later purchased by the second end-user. These goods majorly include jewelry, artwork, footwear, apparel, and fashion accessories. Luxury goods are usually durable with extended warranty life. As a result, the re-selling of premium and expensive goods provides economic benefits to the seller. Furthermore, it minimizes the dependency on high-quality raw materials to produce new products, thereby reducing waste production levels. These goods are generally sold at charity events, auctions, bazaar-style fundraisers, privately-owned consignment shops, etc.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/europe-secondhand-luxury-goods-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Europe Secondhand Luxury Goods Market Trends:

In Europe, the improving consumer living standards supported by their increasing disposable income levels 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, have further augmented the market growth across European countries. 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 in the region.

Competitive Landscape

The competitive landscape of the industry has also been examined with some of the key players being

Fendi (LVMH Moet Hennessy Louis Vuitton)
Vestiaire Collective
Harrods Limited
Cartier International (Compagnie Financiere Richemont SA)
Chrono24
Collector Square
Rewind Vintage Affairs
Audemars Piguet
Chronext AG.

The report has segmented the market on the basis of Product Type, Demography, Demography, Distribution Channel and Country.

Breakup by Product Type:

Jewelry and Watches
Handbags
Clothing
Small Leather Goods
Footwear
Accessories
Others

Breakup by Demography:

Men
Women
Unisex

Breakup by Distribution Channel:

Offline
Online

Breakup by Country:

France
Italy
United Kingdom
Germany
Russia
Spain
Others

Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/europe-secondhand-luxury-goods-market

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

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.

Other Related Reports By IMARC Group

Luxury Footwear Market: https://www.imarcgroup.com/luxury-footwear-market

Electric Kettle Market: https://www.imarcgroup.com/electric-kettle-market

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

United States Secondhand Luxury Goods Market: https://www.imarcgroup.com/united-states-secondhand-luxury-goods-market

Asia Pacific Secondhand Luxury Goods Market: https://www.imarcgroup.com/asia-pacific-secondhand-luxury-goods-market

Mineral Cosmetics Market: https://www.imarcgroup.com/mineral-cosmetics-market

Shoe Shine Machine Market: https://www.imarcgroup.com/shoe-shine-machine-market

Home Bedding Market: https://www.imarcgroup.com/home-bedding-market

Kitchen Appliances Market: https://www.imarcgroup.com/kitchen-appliances-market

Furniture Market: https://www.imarcgroup.com/furniture-market

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

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe Secondhand Luxury Goods Market Share, Size and Report Forecast 2022-2027 here

News-ID: 2837112 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


More Releases for Market:

Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview: The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned? In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects. The International Technology Roadmap for Semiconductors (ITRS) has emphasized
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by