Refurbished phone market set for double-digit growth
New Delhi: The organised refurbished smartphone market is expected to end this calendar year with a double-digit growth in sales despite the exit of two large ecommerce platforms Amazon and Flipkart from the segment, denting sales in the first half.
A robust festive season, however, helped the sector regain momentum, industry executives said. Companies have also started expanding into categories such as laptops, cameras, smartwatches, and gaming consoles to diversify revenues, they added.
