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The Asia Pacific secondhand luxury goods market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Secondhand luxury goods are high-end premium products that are bought by a second or later end user. These goods include a wide variety of products, such as jewelry, antique furniture, apparel, artwork, and fashion accessories like bags and watches. They provide economic benefits to the sellers as they can be resold in the market instead of being discarded, which also reduces the level of wastage generated.
The Asia Pacific secondhand luxury goods market is primarily driven by the rising influence of western fashion trends and improving living standards. Apart from this, with the increasing disposable incomes and the growing urban population, the demand for low-cost, high-end fashion accessories, such as secondhand luxury goods, is increasing. Besides this, the increasing adoption of luxury fashion accessories and clothing due to their increasing affordability and accessibility and the decreasing stigma associated with the use of preowned goods is catalyzing the market growth. Moreover, the availability of several international e-commerce platforms offering overseas delivery options is also escalating the sales of preowned luxury goods.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific secondhand luxury goods market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on product type, demography and distribution channel.
Breakup by Product Type:
Breakup by Demography:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Demography, Distribution Channel, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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