Korea Luxury Resale Market Size & Outlook, 2025-2033


Korea Luxury Resale Market Insights

  • As per Deep Market Insights insights, the Korea Luxury Resale Market stood at USD 378.95 Million in 2024 and is anticipated to grow to USD 1,502.26 Million by 2033.
  • The Korea market is expected to advance at a CAGR of 16.44% from 2025 through 2033.
  • In 2024, Handbags accounted for the highest share of the Product market size.
  • During the forecast period, Handbags is set to register the highest growth, making it the most lucrative Product segment.

Other Key Findings


  • In 2024, Korea accounted for 1.4% of the global Luxury Resale Market size.
  • By 2033, United States is expected to lead the global Luxury Resale Market in terms of market size.
  • Within Asia Pacific, China is projected to dominate the regional Luxury Resale Market size by 2033.
  • Australia is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 1103.37 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 378.95 Million
Market Size In 2033 USD 1,502.26 Million
Largest segment Handbags
Units Revenue in USD Million
CAGR 16.44% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Product
  1. Handbags
  2. Apparel
  3. Footwear
  4. Accessories
Channel
  1. Online consignment
  2. Peer-to-peer
  3. Physical stores
Service model
  1. Authentication
  2. Refurbishment