1、1THE SECOND-HANDFASHION MARKETIN SAUDI ARABIAMARCH 20262 23EXECUTIVE SUMMARY.SECOND-HAND FASHION,UNPACKED.THE GLOBAL PICTURE.Trends and Opportunties.Business Models in Action.The Regulatory and Policy Environment.SECOND-HAND FASHION IN SAUDI ARABIA.Saudi Arabia:A Future Growth Market.A Walk on the S
2、upply-Side.Navigating the Regulatory Landscape.Ecosystem Initiatives.CALL TO ACTION:OPPORTUNITY MEETS PRIORITY.Opportunities for Saudi Brands and Designers.Opportunities for Retailers,Malls,and Platforms.Priority Actions for Government.TYING THE THREADS.REFERENCES.040508 09 13 1618 19 25 26 28 30 30
3、 32 343637TABLE OF CONTENTEXECUTIVE SUMMARYThe second-hand fashion market is no longer a niche.It is becoming a defining force in the future of global retail.By 2029,the market is projected to reach USD 367 billion,growing nearly three times faster than traditional apparel.6 Powered by shifting cons
4、umer values,digital innovation,and policy frameworks that prioritize circularity,resale is reshaping how fashion is produced,consumed,and valued.AI-driven discovery,social commerce,and authenticated resale platforms have made second-hand shopping intuitive,trusted,and aspirational,especially for you
5、nger generations.While the segment today remains largely mass-market,luxury represents around 15%of global resale value,and its momentum is accelerating through credible,brand-led platforms that are redefining ownership and longevity in luxury fashion.6,7Saudi Arabia is poised to be a standout marke
6、t in this global transformation.What was once centered on charitable donation is rapidly evolving into a culturally accepted,commercially vibrant resale ecosystem.Valued at USD 966 million in 2025,the Saudi second-hand fashion market is on track to exceed USD 1.3 billion by 2030,fueled by a highly c