Asia's Growing Shift Towards Refurbished Smartphones Signals Industry Changes in 2025 - PRESS AI WORLD
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Asia's Growing Shift Towards Refurbished Smartphones Signals Industry Changes in 2025

Credited from: SCMP

  • The **global smartphone market** is poised to rebound in 2024, with shipments expected to increase by over 6%.
  • **Refurbished smartphones** are gaining traction, as their average selling prices in emerging markets surpass new phones for the first time.
  • Concerns regarding **data security**, battery performance, and overheating of refurbished phones are diminishing as the market matures.
  • Purchasing refurbished phones is not only **cost-effective** but also environmentally sustainable, reducing annual impact by up to **91%**.
  • Countries like **China**, **India**, and **Indonesia** are projected to fuel this market's growth, benefiting brands and consumers alike.

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