![Vestiaire Collective is one of the leading global players in the luxury resale space as younger Gen Y and Z consumers gravitate to more pre-owned sale items from reputed brands. Image credit: Vestiaire Collective](https://www.luxuryroundtable.com/wp-content/uploads/2023/10/Vestiaire-Collective.png)
The global secondhand luxury market is on an upward trajectory, with a market value of $31.12 billion last year and projected to almost double by $58.30 billion by 2028.
The global secondhand luxury market is on an upward trajectory, with a market value of $31.12 billion last year and projected to almost double by $58.30 billion by 2028.