In a surprising twist amidst global luxury market contractions, India witnesses a remarkable surge in pre-owned luxury sales, indicating a shift in consumer trends.
Luxepolis, with a burgeoning online user base of 3.5 million, reports an impressive 80% growth this year.
The durability and investment appeal of pre-owned watches, particularly Rolex, Omega, Cartier, IWC, and Panerai, contribute to sustained growth.
This resurgence signifies a paradigm shift, with pre-owned luxury becoming a sought-after trend among India's aspirational youth and expanding into untapped tier-II and tier-III markets.
