Luxury items 

Industry Overview, Growth, Trends, Opportunities and Forecast to 2027 – This is Ardee

IMARC Group provides in-depth analysis of second-hand luxury goods covering market trends, investment opportunities, growth trends, statistics and industry outlook. The report offers a comprehensive analysis of the industry, which includes information on the luxury goods market size, share, trends, analysis, growth, demand, statistics and overview. ‘opportunity. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.

To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report. The market is segmented by size and region. The report provides an analysis of the main trends in each sub-segment of the market, as well as forecasts at the global and regional levels from 2022 to 2027. The report also includes the competitive landscape of the main key industry players as well as emerging trends on the market.

Informed covered in report:

  • Historical market data from 2016 to 2021
  • Market CAGR over the forecast period 2022-2027
  • Detailed information on the factors that will drive the growth of the market over the next five years
  • Accurate estimation of the size of the Keyword Market and its contribution to the parent market
  • Upcoming Market Trends and Changes in Consumer Behavior
  • An in-depth analysis of the market competitive landscape and detailed information on major players
  • Comprehensive details of factors that will challenge the growth of the Smart Meters Market-leading players

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The global market for second-hand luxury goods reached a value of US$28.3 billion in 2021. Second-hand luxury goods are the premium and high-end items that are then purchased by the second user final. These products mainly include jewelry, artwork, shoes, clothes, fashion accessories, etc. Second-hand luxury goods are generally durable with an extended warranty period that makes them suitable for the resale market. These goods are typically sold at charity events, auctions, bazaar-type fundraisers, private consignment stores, etc.

Trends in the second-hand luxury goods market:

The global market for second-hand luxury goods is mainly propelled by rising levels of disposable income which has enabled the millennial and urbanized population to opt for high-end fashion accessories at lower prices. Moreover, the emergence of second-hand luxury goods on online platforms, along with the decreasing stigma attached to the use of second-hand luxury goods, has further increased the growth of the market. Several online resale sites are forging strategic alliances with various luxury brands to market second-hand luxury products. Additionally, the growing demand for limited capsule collections and fashion drops has created a shortage of high-end luxury items, thereby catalyzing the market for second-hand luxury goods. Apart from this, increasing investments to improve authentication procedures and product quality checks are expected to further support the market growth over the forecast period. Looking ahead, IMARC Group expects the global second-hand luxury goods market to reach US$47.1 billion by 2027, growing at a CAGR of 9.4% over the period. 2022-2027.

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Like the new coronavirus (COVID-19[feminine]) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the behaviors of the consumers of the sector in the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.

Competitive landscape with key players:

  • Fashionphile Group LLC.
  • Fendi
  • Wardrobe
  • Seller
  • Luxepolis
  • Luxury Closet, Inc.
  • Boutique So Chic
  • Closet
  • The RealReal Inc.
  • Watch360
  • Communal changing room
  • Yoogi’s Closet, Inc.

Market Segmentation:

Breakdown by product type:

  • Hand bags
  • Jewelry & Watches
  • Clothes
  • Little leather shop
  • Shoe
  • Accessories
  • Other

Breakdown by demographics:

Breakdown by distribution channel:

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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