Luxury Resale Market Report 2026

The luxury resale market size has grown strongly in recent years. It will grow from $37.95 billion in 2025 to $41.61 billion in 2026 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increasing demand for affordable luxury, rise of pre-owned fashion culture, expansion of online marketplaces, growing awareness of sustainability, limited availability of exclusive luxury items.

The luxury resale market size is expected to see strong growth in the next few years. It will grow to $60.11 billion in 2030 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to adoption of AI for authentication, growth in circular economy initiatives, expansion of luxury resale across emerging markets, integration of AR/VR shopping experiences, strategic collaborations between luxury brands and resale platforms. Major trends in the forecast period include growth of online luxury consignment platforms, increased focus on product authentication services, rising consumer interest in affordable luxury, expansion of second-hand luxury fashion market, integration of personalized shopping experiences.

The growth of the e-commerce industry is expected to drive the expansion of the luxury resale market. E-commerce involves buying and selling goods and services online, and its expansion is fueled by the widespread use of smartphones and internet access, which offer consumers convenience and a broad range of product options. E-commerce is transforming the luxury resale market by providing global reach, improving transparency in pricing and authenticity verification, and offering easy access to a diverse range of items through advanced technologies and seamless shopping experiences. For example, in May 2024, the Census Bureau of the Department of Commerce reported that U.S. retail e-commerce sales for the first quarter of 2024 totaled $289.2 billion, a 2.1% increase from the fourth quarter of 2023. Hence, the growth of the e-commerce industry is propelling the luxury resale market.

Key players in the luxury resale market are developing mobile apps that combine artificial intelligence (AI) and human expertise to improve user experience and ensure the authenticity and quality of luxury goods on their platforms. AI algorithms authenticate luxury items by analyzing detailed images and comparing them with known authentic items, which helps confirm product genuineness and builds trust with buyers. For example, in March 2024, Sellier Knightsbridge, a UK-based luxury resale platform, introduced the Sellier Selected app. This app aims to be a leading marketplace for rare pre-owned luxury handbags and accessories, combining AI technology with expert human curation to offer a highly curated selection. Customers submit their items, and the app uses AI to evaluate metrics such as price, condition, color, brand, and current market trends to assign a desirability score to each item.

In August 2023, Sign of the Times, a UK-based luxury resale platform, acquired Cudoni for an undisclosed amount. This acquisition positions Sign of the Times as one of the largest luxury resellers in the UK, allowing it to expand its database and client base while continuing to offer a trusted, curated, and personalized pre-loved luxury shopping experience. Cudoni is a UK-based e-commerce company specializing in the buying and reselling of luxury goods.

Major companies operating in the luxury resale market are YOOX Net-a-Porter Group S.p.A., The RealReal Inc., Poshmark Inc., ThredUp Inc., StockX LLC, 1stdibs.Com Inc., Vestiaire Collective, Depop Limited, Rebag, Fashionphile Group LLC, Luxepolis Retail Services Pvt Ltd, Grailed Inc., Luxury Closet Inc., Luxury Garage Sale LLC, The Closet Inc., LePrix Inc., Collector Square, Garderobe Pre Loved Luxury Fashion, Timepiece 360 Ltd., Yoogi’s Closet Inc., Couture Designer Resale Boutique, Luxury Promise Ltd, Cudoni.

Europe was the largest region in the luxury resale market in 2025. The regions covered in the luxury resale market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the luxury resale market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The luxury resale market consists of revenues earned by entities by providing services such as authentication of goods, valuation services, consignment management, online and physical marketplace platforms, marketing and promotion, and customer service. The market value includes the value of related goods sold by the service provider or included within the service offering. The luxury resale market also includes sales of handbags, purses, shoes, clothes, footwear. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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