Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

GCC Secondhand Luxury Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The GCC secondhand luxury goods market size reached US$ 442.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 847.9 Million by 2027, exhibiting a growth rate (CAGR) of 11.73% during 2022-2027.

Secondhand luxury goods, also known as pre-owned luxury goods, refer to premium products purchased by the second or later end user. The prices of these goods are significantly lower than the original product, due to which they attract a larger section of society. Individuals generally sell and buy used high-end products through auctions, bazaar-style fundraisers, charity events or privately-owned consignment shops.

The GCC secondhand luxury goods market is primarily driven by the rising penetration of western trends, particularly in the urbanized parts of the region. The diminishing stigma regarding the use of preowned goods, coupled with the improving trade conditions with the European countries, is also propelling the market growth. Besides this, several companies engaged in the manufacturing of luxury products have started dealing in secondhand luxury goods to maintain the unique identity of their brand and cater to the needs of the consumers. Moreover, the expanding retail sector, rising living standards and growing disposable incomes of the consumers are some of the other factors that have significantly increased the product demand.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC secondhand luxury goods market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type, demography and distribution channel.

Breakup by Product Type:

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

Breakup by Demography:

  • Women
  • Men
  • Unisex
     

Breakup by Distribution Channel:

  • Offline
  • Online
     

 Breakup by Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain
     

Competitive Landscape:

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

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product Type, Demography, Distribution Channel, Country
Countries Covered Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Oman
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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)


Key Questions Answered in This Report:

  • How has the GCC 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 GCC 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 GCC 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   GCC 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    Saudi Arabia
        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    UAE
        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    Qatar
        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    Oman
        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     Kuwait
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Bahrain
        9.6.1 Market Trends
        9.6.2 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  Policy and Regulatory Landscape
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: GCC: Secondhand Luxury Goods Market: Major Drivers and Challenges
Figure 2: GCC: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016-2021
Figure 3: GCC: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: GCC: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2021
Figure 5: GCC: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2021
Figure 6: GCC: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2021
Figure 7: GCC: Secondhand Luxury Goods Market: Breakup by Country (in %), 2021
Figure 8: GCC: Secondhand Luxury Goods (Handbags) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: GCC: Secondhand Luxury Goods (Handbags) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: GCC: Secondhand Luxury Goods (Jewelry & Watches) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: GCC: Secondhand Luxury Goods (Jewelry & Watches) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: GCC: Secondhand Luxury Goods (Clothing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: GCC: Secondhand Luxury Goods (Clothing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: GCC: Secondhand Luxury Goods (Small Leather Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: GCC: Secondhand Luxury Goods (Small Leather Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: GCC: Secondhand Luxury Goods (Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: GCC: Secondhand Luxury Goods (Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: GCC: Secondhand Luxury Goods (Accessories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: GCC: Secondhand Luxury Goods (Accessories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: GCC: Secondhand Luxury Goods (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: GCC: Secondhand Luxury Goods (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: GCC: Secondhand Luxury Goods (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: GCC: Secondhand Luxury Goods (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: GCC: Secondhand Luxury Goods (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: GCC: Secondhand Luxury Goods (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: GCC: Secondhand Luxury Goods (Unisex) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: GCC: Secondhand Luxury Goods (Unisex) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: GCC: Secondhand Luxury Goods (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: GCC: Secondhand Luxury Goods (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: GCC: Secondhand Luxury Goods (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: GCC: Secondhand Luxury Goods (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Saudi Arabia: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Saudi Arabia: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2021
Figure 34: Saudi Arabia: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2021
Figure 35: Saudi Arabia: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2021
Figure 36: Saudi Arabia: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: UAE: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: UAE: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2021
Figure 39: UAE: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2021
Figure 40: UAE: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2021
Figure 41: UAE: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Qatar: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Qatar: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2021
Figure 44: Qatar: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2021
Figure 45: Qatar: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2021
Figure 46: Qatar: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Oman: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Oman: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2021
Figure 49: Oman: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2021
Figure 50: Oman: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2021
Figure 51: Oman: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Kuwait: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Kuwait: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Bahrain: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Bahrain: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: GCC: Secondhand Luxury Goods Industry: SWOT Analysis
Figure 57: GCC: Secondhand Luxury Goods Industry: Value Chain Analysis
Figure 58: GCC: Secondhand Luxury Goods Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Secondhand Luxury Goods Market: Key Industry Highlights, 2021 and 2027
Table 2: GCC: Secondhand Luxury Goods Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: GCC: Secondhand Luxury Goods Market Forecast: Breakup by Demography (in Million US$), 2022-2027
Table 4: GCC: Secondhand Luxury Goods Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: GCC: Secondhand Luxury Goods Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: GCC: Secondhand Luxury Goods Market: Competitive Structure
Table 7: GCC: Secondhand Luxury Goods Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2699

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4