According to the UnivDatos, the increasing sustainability consciousness among consumers, affordability of the product, and increasing desire for unique items will drive the global scenario of the luxury goods resale market. As per their “Luxury Goods Resale Market” report, the global market was valued at ~USD 34 billion in 2023, growing at a CAGR of about 9% during the forecast...

The Middle East Second-hand Luxury Goods market is poised for exponential growth over the next decade. Valued at US$ 3.5 billion in 2023, the market is expected to grow at a CAGR of 11.6% from 2024 to 2034, reaching US$ 11.5 billion by the end of the forecast period. This growth is driven by increasing consumer awareness of sustainability, a cultural shift towards conscious consumption, and the...

The global Secondhand Hard Luxury Goods Market was valued at US$ 12.3 billion in 2023 and is poised for robust expansion. According to recent industry analysis, the market is projected to grow at a CAGR of 6.5% from 2024 to 2034, reaching an estimated US$ 24.6 billion by 2034. This growth is fueled by increasing consumer awareness of sustainable consumption, rising demand for authenticated...