Saudi Arabia Luxury Resale Market Size & Outlook, 2025-2033


Saudi Arabia Luxury Resale Market Insights

  • According to Deep Market Insights analysis, the Saudi Arabia Luxury Resale Market size was USD 586.04 Million in 2024 and is projected to reach USD 2,217.40 Million by 2033.
  • The Saudi Arabia market is projected to grow at a CAGR of 15.89% between 2025 and 2033.
  • By segment, Handbags emerged as the largest Product in terms of market size in 2024.
  • Handbags is anticipated to remain the most attractive Product segment, recording the fastest growth during the forecast period.

Other Key Findings


  • In 2024, Saudi Arabia represented 2.16% of the overall global Luxury Resale Market size.
  • United States is projected to lead the global Luxury Resale Market size by 2033.
  • Across Middle East and Africa, United Arab Emirates is anticipated to hold the dominant position in market size by 2033.
  • Turkey is forecasted to expand at the fastest pace in Middle East and Africa, attaining USD 490.57 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 586.04 Million
Market Size In 2033 USD 2,217.40 Million
Largest segment Handbags
Units Revenue in USD Million
CAGR 15.89% (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