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Rising smartphone costs fuel surge in refurbished device purchases

India's refurbished smartphone market is experiencing robust growth as consumers seek affordable alternatives to increasingly expensive new handsets. Market research indicates volumes jumped 13 per cent in the first half of 2024.

LSN India · 2 September 2026

Rising smartphone costs fuel surge in refurbished device purchases

The Indian refurbished smartphone sector is gaining momentum as escalating prices of new devices push cost-conscious consumers toward pre-owned alternatives. According to market analysts, refurbished handset volumes grew 13 per cent during the first six months of this year, underscoring a significant shift in purchasing patterns.

The trend reflects broader affordability challenges in India's mobile market, where premium smartphones from leading manufacturers now command prices beyond the reach of many consumers. Refurbished devices offer consumers a middle ground, delivering established brand reliability and proven performance at substantially lower price points.

Industry observers attribute the market expansion to multiple factors, including improved certification standards for refurbished products, growing consumer confidence in the quality of pre-owned devices, and the increasing gap between new and used smartphone pricing. E-commerce platforms and authorized refurbishment programs have also contributed to making these devices more accessible to mainstream buyers.

The growth trajectory suggests refurbished smartphones will continue capturing a larger share of India's overall mobile device market, particularly among price-sensitive segments seeking upgrades without premium price tags. As new device costs remain elevated, the refurbished sector appears positioned for sustained expansion.