The refurbished or used smartphone market in India is expected to reach $10 billion by 2026, a new report showed.
Overall used electronics market is likely to grow at a 16% compound annual growth rate (CAGR) to be worth $11 billion by 2026, according to Bengaluru-based market research firm Redseer.
“The growing popularity of e-commerce platforms for used and refurbished smartphones is driving the market demand,” said Siddharth Surana, Engagement Manager, Redseer Strategy Consultants.
Also, due to the pandemic, large numbers of unorganised channels got disrupted by organised digital recommerce players which led to the requirement of used electronics.
“Refurbished products are a growing resource for consumers to try out new products from their favourite brands and to be more sustainable and price-conscious in their buying behaviour” Surana added.
A new breed of tech-enabled startups and players like Cashify, HyperXchange and Yaantra (owned by Flipkart), among others, are fuelling the growth of the used smartphone market in India.
In 2021, India witnessed the purchase of over $15 billion worth of new smartphones online.
With the number of smartphone users reaching the 550 million mark, it is estimated that on average, a re-commerce app user sells more than two smartphones from each household when the need to upgrade to new devices rises, said the report.
New-age tech players are addressing pain points, offering better experiences to consumers via strong network effects, supply-chain efficiencies, and omni-channel presence.
1,481 comments
porn
Oh my goodness! Amazing article dude! Thanks, However I am encountering troubles with your RSS. I don’t know why I am unable to subscribe to it. Is there anybody getting identical RSS problems? Anyone who knows the answer can you kindly respond? Thanx!
porn
Aw, this was an incredibly nice post. Taking a few minutes and actual effort to make a very good article… but what can I say… I procrastinate a whole lot and don’t seem to get nearly anything done.
weight loss
I’m impressed, I must say. Seldom do I encounter a blog that’s both educative and interesting, and let me tell you, you have hit the nail on the head. The issue is an issue that too few folks are speaking intelligently about. I am very happy that I found this during my hunt for something concerning this.
Anime
Your style is unique in comparison to other people I’ve read stuff from. I appreciate you for posting when you’ve got the opportunity, Guess I’ll just bookmark this blog.
sex trẻ em
Spot on with this write-up, I actually feel this amazing site needs far more attention. I’ll probably be returning to read more, thanks for the info.
Phim người lớn
You should be a part of a contest for one of the most useful blogs on the internet. I most certainly will highly recommend this website!
@backlink.concac.cailon
Good site you’ve got here.. It’s hard to find high quality writing like yours these days. I really appreciate people like you! Take care!!
Phim người lớn
You are so cool! I don’t think I’ve read anything like that before. So good to discover someone with original thoughts on this issue. Really.. thanks for starting this up. This web site is something that is needed on the web, someone with a little originality.
인천 쓰리노
You made some really good points there. I looked on the internet to find out more about the issue and found most people will go along with your views on this site.
68 Game Bài
An interesting discussion is definitely worth comment. I think that you should publish more about this subject matter, it might not be a taboo subject but generally people don’t speak about such issues. To the next! Many thanks!
one88
You should take part in a contest for one of the best blogs on the web. I am going to highly recommend this web site!
7club
Greetings! Very useful advice in this particular post! It’s the little changes that make the most important changes. Thanks a lot for sharing!
89bet
I like it when people come together and share ideas. Great site, continue the good work.
buy tiktok coins with crypto
I’d like to thank you for the efforts you’ve put in writing this site. I am hoping to see the same high-grade blog posts from you in the future as well. In truth, your creative writing abilities has motivated me to get my own, personal site now 😉
chiropractor singapore
I’d like to thank you for the efforts you’ve put in penning this site. I’m hoping to see the same high-grade content from you in the future as well. In fact, your creative writing abilities has encouraged me to get my very own blog now 😉
Lototo
You’ve made some good points there. I checked on the net for more info about the issue and found most people will go along with your views on this site.
2025vpn推荐
Very good write-up. I definitely appreciate this site. Keep it up!
Ytmp3
I’d like to thank you for the efforts you have put in penning this website. I am hoping to check out the same high-grade blog posts from you later on as well. In truth, your creative writing abilities has encouraged me to get my very own website now 😉
F168
Greetings! Very useful advice within this post! It’s the little changes that make the most significant changes. Many thanks for sharing!
SODO
Excellent post! We will be linking to this particularly great post on our site. Keep up the good writing.
สวิงกิ้ง 3 2 ครั้งแรก พาน้อ
Spot on with this write-up, I truly believe that this website needs far more attention. I’ll probably be back again to see more, thanks for the advice!
จับแหก
I would like to thank you for the efforts you’ve put in writing this website. I really hope to see the same high-grade content by you later on as well. In truth, your creative writing abilities has inspired me to get my very own website now 😉
fiverr
An impressive share! I’ve just forwarded this onto a co-worker who has been doing a little research on this. And he actually ordered me breakfast simply because I found it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanx for spending time to talk about this issue here on your internet site.
Source
This site was… how do you say it? Relevant!! Finally I have found something which helped me. Appreciate it.
58win
Spot on with this write-up, I truly think this website needs a great deal more attention. I’ll probably be returning to read more, thanks for the info!
789win
Greetings! Very useful advice in this particular post! It’s the little changes that make the most significant changes. Many thanks for sharing!
jasa pembuatan maket
An outstanding share! I have just forwarded this onto a coworker who has been doing a little research on this. And he actually ordered me dinner simply because I found it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending some time to discuss this topic here on your internet site.
kl99
Very good post. I absolutely love this website. Keep writing!
best ragnarok private server
There’s certainly a great deal to know about this topic. I love all of the points you made.
Phim Sex mới nhất
Hello there! This article could not be written much better! Going through this post reminds me of my previous roommate! He constantly kept preaching about this. I will send this article to him. Fairly certain he will have a great read. I appreciate you for sharing!
taba squishy
You need to take part in a contest for one of the greatest blogs online. I’m going to highly recommend this site!
SODO CASINO
Pretty! This was an incredibly wonderful post. Thanks for supplying this info.
SODO66
I like it when folks come together and share ideas. Great blog, keep it up!
hacklink al
I’m amazed, I must say. Seldom do I encounter a blog that’s both equally educative and engaging, and without a doubt, you’ve hit the nail on the head. The issue is something which not enough folks are speaking intelligently about. Now i’m very happy that I stumbled across this during my hunt for something regarding this.
kênh trực tiếp bóng đá hôm nay
cakhiasport.com có ứng dụng mobile tiện lợi, theo dõi thể thao mọi lúc
buy premium pbn
Aw, this was a really nice post. Spending some time and actual effort to generate a very good article… but what can I say… I put things off a whole lot and don’t manage to get anything done.
ดูการ์ตูนออนไลน์ hd พากย์
Spot on with this write-up, I really believe that this amazing site needs much more attention. I’ll probably be returning to read through more, thanks for the advice.
ตัวละครที่มีพลังพิเศษส
I was able to find good info from your blog posts.
ดูการ์ตูนออนไลน์ bubble อนิเม
Great article. I am going through a few of these issues as well..
33win
Great info. Lucky me I ran across your website by chance (stumbleupon). I’ve book marked it for later!
https://kuwin3d.com/
bookmarked!!, I really like your site!
xem trực tiếp bóng đá
cakhiatv1.live tặng ưu đãi hoặc mã giảm giá cho người mới đăng ký
sa88
Great site you have got here.. It’s hard to find quality writing like yours these days. I honestly appreciate people like you! Take care!!
F168
Great post. I will be experiencing a few of these issues as well..
SODO
Greetings! Very helpful advice in this particular post! It is the little changes that produce the most important changes. Thanks a lot for sharing!
ytmp3
This site certainly has all of the information I needed about this subject and didn’t know who to ask.
truc tiep bong da keo nha cai
xoilactv.soccer giao diện mobile dễ dùng, xem thoải mái trên điện thoại
https://www.ortho-dietzenbach.de/homepage-slide-full-width/
xoilactv.soccer có ứng dụng di động tiện lợi, xem mọi lúc mọi nơi
Luxury Dubai Call Girls
You should take part in a contest for one of the most useful blogs on the net. I am going to recommend this site!
xoso66
Everything is very open with a very clear clarification of the issues. It was truly informative. Your site is extremely helpful. Many thanks for sharing!