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India Secondhand Luxury Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The India secondhand luxury goods market is expected to exhibit a CAGR of 12.18% during 2022-2027. 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 and premium products purchased by the second and later end users. These goods include antique furniture, footwear, apparel, artwork, jewelry and fashion accessories like bags and watches. They also provide an extended warranty period and offer economic benefits to the seller as they can be resold instead of being discarded. They also help reduce carbon footprints and minimize the dependence on raw materials while lowering waste production levels.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The India secondhand luxury goods market is primarily driven by the growing influence of western fashion trends, improving living standards and rising disposable incomes of the consumers. Besides this, with the rising environmental concerns, individuals are shifting toward secondhand luxury products, which decrease the volume of waste sent to landfills. Apart from this, the growing adoption of high-end fashion accessories and clothing due to the rising accessibility and affordability is also catalyzing the market growth. Furthermore, the introduction of various international e-commerce platforms that offer overseas delivery options has increased the sales of pre-owned luxury goods.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India secondhand luxury goods market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, demography and distribution channel.
Breakup by Product Type:
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Handbags
Jewelry & Watches
Clothing
Small Leather Goods
Footwear
Accessories
Others
Breakup by Demography:
Women
Men
Unisex
Breakup by Distribution Channel:
Offline
Online
Breakup by Region:
North India
West and Central India
South India
East India
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, Region
Region Covered
North India, West and Central India, South India, East India
Customization Scope
10% Free Customization
Report Price and Purchase Option
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 India 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 India 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 India 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 India 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 Region
9.1 North India
9.1.1 Market Trends
9.1.2 Market Breakup by State
9.1.3 Market Forecast
9.2 West and Central India
9.2.1 Market Trends
9.2.2 Market Breakup by State
9.2.3 Market Forecast
9.3 South India
9.3.1 Market Trends
9.3.2 Market Breakup by State
9.3.3 Market Forecast
9.4 East India
9.4.1 Market Trends
9.4.2 Market Breakup by State
9.4.3 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: India: Secondhand Luxury Goods Market: Major Drivers and Challenges
Figure 2: India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Secondhand Luxury Goods Market: Breakup by Product Type (in %), 2021
Figure 5: India: Secondhand Luxury Goods Market: Breakup by Demography (in %), 2021
Figure 6: India: Secondhand Luxury Goods Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Secondhand Luxury Goods Market: Breakup by Region (in %), 2021
Figure 8: India: Secondhand Luxury Goods (Handbags) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: India: Secondhand Luxury Goods (Handbags) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Secondhand Luxury Goods (Jewelry & Watches) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Secondhand Luxury Goods (Jewelry & Watches) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Secondhand Luxury Goods (Clothing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Secondhand Luxury Goods (Clothing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Secondhand Luxury Goods (Small Leather Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Secondhand Luxury Goods (Small Leather Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Secondhand Luxury Goods (Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Secondhand Luxury Goods (Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Secondhand Luxury Goods (Accessories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Secondhand Luxury Goods (Accessories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Secondhand Luxury Goods (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Secondhand Luxury Goods (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Secondhand Luxury Goods (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Secondhand Luxury Goods (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Secondhand Luxury Goods (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Secondhand Luxury Goods (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Secondhand Luxury Goods (Unisex) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Secondhand Luxury Goods (Unisex) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: India: Secondhand Luxury Goods (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: India: Secondhand Luxury Goods (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: India: Secondhand Luxury Goods (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: India: Secondhand Luxury Goods (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North India: Secondhand Luxury Goods Market: Breakup by State (in %), 2021
Figure 34: North India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: West and Central India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: West and Central India: Secondhand Luxury Goods Market: Breakup by State (in %), 2021
Figure 37: West and Central India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South India: Secondhand Luxury Goods Market: Breakup by State (in %), 2021
Figure 40: South India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: East India: Secondhand Luxury Goods Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: East India: Secondhand Luxury Goods Market: Breakup by State (in %), 2021
Figure 43: East India: Secondhand Luxury Goods Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Secondhand Luxury Goods Industry: SWOT Analysis
Figure 45: India: Secondhand Luxury Goods Industry: Value Chain Analysis
Figure 46: India: Secondhand Luxury Goods Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Secondhand Luxury Goods Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Secondhand Luxury Goods Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: India: Secondhand Luxury Goods Market Forecast: Breakup by Demography (in Million US$), 2022-2027
Table 4: India: Secondhand Luxury Goods Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: India: Secondhand Luxury Goods Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: India: Secondhand Luxury Goods Market: Competitive Structure
Table 7: India: Secondhand Luxury Goods Market: Key Players
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