Second-hand luxury goods market revenue Latin America 2022-2028
The revenue of the secondhand luxury goods market in Latin America, including Central America, South America, and the Caribbean was estimated to be worth around 180 million U.S. dollars in 2023. According to Statista estimates, this market is set to see an increase, reaching over 235 million U.S. dollars by 2028. The secondhand luxury market comprises apparel, footwear, leather goods, jewelry, watches, and eyewear purchased via platforms for second-hand luxury goods, such as Poshmark and Vestiaire Collective.