The resale of luxury goods is gaining serious momentum. The luxury resale market is in the midst of dynamic growth, with the U.S. market estimated at $8.65 billion in 2024 and expected to reach $13.04 billion by 2030. This rising demand is prompting sellers of pre-owned luxury goods to make an important decision: should they consign their items with expert platforms, or navigate the entire selling process themselves?

The Consignment Advantage

Recent developments among major resale platforms show how consignment has matured. Mari Corella, General Manager of Luxury and Sneakers at eBay, said, “As consumer interest in shopping for pre-loved luxury continues to grow in popularity, eBay is evolving to ensure it is at the forefront to provide shoppers with the best service.” With eBay’s luxury consignment service, created in partnership with Luxe Collective, sellers enjoy a streamlined, hands-off experience. Once an item is shipped with a prepaid label, the platform and its partner handle authentication, expert pricing, professional photos, global marketing, buyer interactions, and payment after the sale is final.