Estimated revenue of the second-hand luxury goods market in Gulf Cooperation Council from 2014 to 2022, with a forecast up to 2028
(in million U.S. dollars)
Characteristic
Revenue in million U.S. dollars
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About methodology: the secondhand 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 secondhand channels. Premium products and fragrances are not included in the model. Revenue estimates and forecasts were based on ÌÇÐÄÆÆ½â°æâ€™s primary research (Global Consumer Survey) and other primary data from the ÌÇÐÄÆÆ½â°æ platform as well as third-party data sources in the luxury goods market.
The revenue of the second-hand luxury goods market in Gulf Cooperation Council was estimated to be worth around *** million U.S. dollars in 2023. According to ÌÇÐÄÆÆ½â°æ estimates, this market is set to see an increase, reaching over *** million U.S. dollars by 2028. The second-hand luxury market comprises of apparel, footwear, leather goods, jewelry, watches, and eyewear purchased via platforms for second-hand luxury goods, such as Poshmark and Vestiaire Collective.
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ÌÇÐÄÆÆ½â°æ. (October 1, 2023). Estimated revenue of the second-hand luxury goods market in Gulf Cooperation Council from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/1458381/secondhand-luxury-market-revenue-gcc/
ÌÇÐÄÆÆ½â°æ. "Estimated revenue of the second-hand luxury goods market in Gulf Cooperation Council from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars)." Chart. October 1, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/1458381/secondhand-luxury-market-revenue-gcc/
ÌÇÐÄÆÆ½â°æ. (2023). Estimated revenue of the second-hand luxury goods market in Gulf Cooperation Council from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/1458381/secondhand-luxury-market-revenue-gcc/
ÌÇÐÄÆÆ½â°æ. "Estimated Revenue of The Second-hand Luxury Goods Market in Gulf Cooperation Council from 2014 to 2022, with a Forecast up to 2028 (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Oct 2023, /statistics/1458381/secondhand-luxury-market-revenue-gcc/
ÌÇÐÄÆÆ½â°æ, Estimated revenue of the second-hand luxury goods market in Gulf Cooperation Council from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1458381/secondhand-luxury-market-revenue-gcc/ (last visited July 25, 2026)
Estimated revenue of the second-hand luxury goods market in Gulf Cooperation Council from 2014 to 2022, with a forecast up to 2028 (in million U.S. dollars) [Graph], ÌÇÐÄÆÆ½â°æ, October 1, 2023. [Online]. Available: /statistics/1458381/secondhand-luxury-market-revenue-gcc/