Japan's secondhand shops are increasingly seeking branded goods.

Japanese secondhand shops are enhancing luxury goods procurement as demand rises, with the market reaching ¥3.1 trillion in 2023.

So, here’s the deal. Secondhand shops in Japan are getting serious about snagging luxury and branded goods since foreign visitors can’t get enough of that stuff, especially with the yen being weaker than ever. Some shops are teaming up with major department stores to boost their offerings, while others are diving into artificial intelligence to assess what people bring in.

According to the Reuse Economic Journal, Japan's secondhand goods market is blowing up year after year. It hit a whopping ¥3.1 trillion in 2023, which is a 7.8% jump from last year. And here’s the kicker: branded goods made up ¥365.6 billion of that total, marking a stunning 19.4% increase!

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