The soaring prices of new flagship smartphones like Apple, Samsung, and Google are prompting consumers to consider second-hand and refurbished options.
Increasingly, tech-savvy and environmentally conscious individuals are contributing to the rise in demand for used smartphones, reshaping the traditional upgrade cycle.
Global analysts confirm a significant shift towards the second-hand phone industry, with platforms dedicated to buying, selling, and refurbishing gaining prominence.
With new smartphone prices on the rise due to advanced tech features, supply chain pressures, and currency inflation, consumers are turning to the more affordable second-hand market.