*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Asia Pacific Secondhand Luxury Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview

The Asia Pacific secondhand luxury goods market is currently witnessing strong growth. 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. On account of these factors, the market is expected to continue its strong growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific secondhand luxury goods market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, demography and distribution channel.

Breakup by Product Type:

  • Handbags
  • Jewelry & Watches
  • Clothing
  • Small Leather Goods
  • Footwear
  • Accessories
  • Other
     

Breakup by Demography:

  • Women
  • Men
  • Unisex
     

Breakup by Distribution Channel:

  • Offline
  • Online
     

 Breakup by Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Asia Pacific secondhand luxury goods market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Asia Pacific secondhand luxury goods market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the demography?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Asia Pacific secondhand luxury goods market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Asia Pacific Secondhand Luxury Goods Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Handbags
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Jewelry & Watches
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Clothing
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Small Leather Goods
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Footwear
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Accessories
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Demography
    7.1    Women
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Men
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Unisex
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1     Offline
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Online
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Country
    9.1    China
        9.1.1 Market Trends
        9.1.2 Market Breakup by Product Type
        9.1.3 Market Breakup by Demography
        9.1.4 Market Breakup by Distribution Channel
        9.1.5 Market Forecast
    9.2    Japan
        9.2.1 Market Trends
        9.2.2 Market Breakup by Product Type
        9.2.3 Market Breakup by Demography
        9.2.4 Market Breakup by Distribution Channel
        9.2.5 Market Forecast
    9.3    India
        9.3.1 Market Trends
        9.3.2 Market Breakup by Product Type
        9.3.3 Market Breakup by Demography
        9.3.4 Market Breakup by Distribution Channel
        9.3.5 Market Forecast
    9.4    South Korea
        9.4.1 Market Trends
        9.4.2 Market Breakup by Product Type
        9.4.3 Market Breakup by Demography
        9.4.4 Market Breakup by Distribution Channel
        9.4.5 Market Forecast
    9.5     Australia
        9.5.1 Market Trends
        9.5.2 Market Breakup by Product Type
        9.5.3 Market Breakup by Demography
        9.5.4 Market Breakup by Distribution Channel
        9.5.5 Market Forecast
    9.6    Indonesia
        9.6.1 Market Trends
        9.6.2 Market Breakup by Product Type
        9.6.3 Market Breakup by Demography
        9.6.4 Market Breakup by Distribution Channel
        9.6.5 Market Forecast 
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Breakup by Product Type
        9.7.3 Market Breakup by Demography
        9.7.4 Market Breakup by Distribution Channel
        9.7.5 Market Forecast 
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Secondhand Luxury Goods Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015-2020
Figure 3: Asia Pacific: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 5: Asia Pacific: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 6: Asia Pacific: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Asia Pacific: Secondhand Luxury Goods Market: Breakup by Country (in %), 2020
Figure 8: Asia Pacific: Secondhand Luxury Goods (Handbags) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Asia Pacific: Secondhand Luxury Goods (Handbags) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Asia Pacific: Secondhand Luxury Goods (Jewelry & Watches) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Asia Pacific: Secondhand Luxury Goods (Jewelry & Watches) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Asia Pacific: Secondhand Luxury Goods (Clothing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Asia Pacific: Secondhand Luxury Goods (Clothing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Asia Pacific: Secondhand Luxury Goods (Small Leather Goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Asia Pacific: Secondhand Luxury Goods (Small Leather Goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Asia Pacific: Secondhand Luxury Goods (Footwear) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Asia Pacific: Secondhand Luxury Goods (Footwear) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Asia Pacific: Secondhand Luxury Goods (Accessories) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Asia Pacific: Secondhand Luxury Goods (Accessories) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Asia Pacific: Secondhand Luxury Goods (Other Product Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Asia Pacific: Secondhand Luxury Goods (Other Product Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Asia Pacific: Secondhand Luxury Goods (Women) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Asia Pacific: Secondhand Luxury Goods (Women) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Asia Pacific: Secondhand Luxury Goods (Men) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Asia Pacific: Secondhand Luxury Goods (Men) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Asia Pacific: Secondhand Luxury Goods (Unisex) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Asia Pacific: Secondhand Luxury Goods (Unisex) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia Pacific: Secondhand Luxury Goods (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia Pacific: Secondhand Luxury Goods (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia Pacific: Secondhand Luxury Goods (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Secondhand Luxury Goods (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: China: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: China: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 34: China: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 35: China: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 36: China: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Japan: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Japan: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 39: Japan: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 40: Japan: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 41: Japan: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 44: India: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 45: India: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 46: India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: South Korea: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: South Korea: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 49: South Korea: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 50: South Korea: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 51: South Korea: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Australia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Australia: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 54: Australia: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 55: Australia: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 56: Australia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Indonesia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Indonesia: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2020
Figure 59: Indonesia: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2020
Figure 60: Indonesia: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2020
Figure 61: Indonesia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Others: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Others: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Asia Pacific: Secondhand Luxury Goods Industry: SWOT Analysis
Figure 65: Asia Pacific: Secondhand Luxury Goods Industry: Value Chain Analysis
Figure 66: Asia Pacific: Secondhand Luxury Goods Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Secondhand Luxury Goods Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Secondhand Luxury Goods Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Asia Pacific: Secondhand Luxury Goods Market Forecast: Breakup by Demography (in Million US$), 2021-2026
Table 4: Asia Pacific: Secondhand Luxury Goods Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Asia Pacific: Secondhand Luxury Goods Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 6: Asia Pacific: Secondhand Luxury Goods Market: Competitive Structure
Table 7: Asia Pacific: Secondhand Luxury Goods Market: Key Players

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