Verifiedmarketresearch has published a report entitled Global Luxury Resale Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
According to Verified Market Research, the Global Luxury Resale Market was valued at USD 16.23 Billion in 2018 and is projected to reach USD 68.53 Billion by 2026, growing at a CAGR of 15.53% from 2019 to 2026.
The major manufacturers covered in this report- Everlane, Farfetch, JustFab Inc., Letgo, Poshmark Inc., Rue La La, The RealReal, Inc., ThredUp, Inc., Tradesy, and Vestiaire Collective.
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What is the Luxury Resale?
Luxury Resale refers to buying and selling of the pre-owned luxury goods. Luxury goods are goods which are expensive and of high quality. Luxury resale has both online and offline platforms for the commercialization of second-hand goods. This type of sale includes the resale of apparels, antique items, luxury arts, and others.
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Global Luxury Resale Market, By Product
- Apparel
- Other Luxury Products
Global Luxury Resale Market, By Distribution Channel
- Online
- Offline
Market Segment by Regions, regional analysis covers 2019-2026:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What are the Luxury Resale market factors that are explained in the report
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Luxury Resale Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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