Yes, you read that right. Refurbished and used smartphones are taking over India’s mobile market in a big way.

In 2024, 19%+ of all smartphone sales came from the secondary market — up from just 12% in 2021.

Post-pandemic spending habits, tighter budgets, and rising smartphone prices are fueling this shift.

Users now prefer a refurbished premium phone (like an iPhone) over a basic new one.

Why buy new when you can get more value at less price?

Refurbished smartphone sales grew 7% in 2024, while new phone sales barely moved at 1%. and it’s not just India — this trend is hot across emerging markets globally!

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