Singapore Luxury Resale Market Size & Outlook, 2025-2033


Singapore Luxury Resale Market Insights

  • Deep Market Insights analysis indicates that the Singapore Luxury Resale Market size, valued at USD 115.43 Million in 2024, is expected to expand to USD 453.34 Million by 2033.
  • The Singapore market is forecasted to expand at a CAGR of 16.31% spanning 2025–2033.
  • Handbags held the leading position among Product segments in 2024, based on market size.
  • Handbags is projected to post the fastest growth rate, sustaining its position as the most attractive Product segment during the forecast horizon.

Other Key Findings


  • In 2024, Singapore represented 0.42% of the overall global Luxury Resale Market size.
  • United States is projected to lead the global Luxury Resale Market size by 2033.
  • Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
  • Australia is forecasted to expand at the fastest pace in Asia Pacific, attaining 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 115.43 Million
Market Size In 2033 USD 453.34 Million
Largest segment Handbags
Units Revenue in USD Million
CAGR 16.31% (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