India Used Smartphone Market Report

India Used Smartphone Market Overview:

The India used smartphone market size reached USD 1,520.60 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 5,412.24 Million by 2033, exhibiting a growth rate (CAGR) of 15.20% during 2025-2033. The market is driven by rising affordability concerns, increasing smartphone penetration, and growing digital adoption across rural and urban areas. Organized resale platforms, trade-in programs, and shorter device replacement cycles further boost market growth by enhancing accessibility, trust, and supply of quality pre-owned smartphones at competitive prices.

India Used Smartphone Market Trends:

Rising Demand for Affordable Smartphones Among Value-Conscious Consumers

Rising price sensitivity among Indian consumers is driving strong demand for used smartphones, especially as new flagship models become increasingly expensive. Many buyers are turning to pre-owned devices that offer premium features at significantly lower prices. Refurbished smartphones are typically 20% to 50% cheaper than new ones, making them an attractive option for budget-conscious users, students, and first-time smartphone buyers. Economic uncertainty and inflationary pressures are further accelerating this shift toward cost-effective alternatives. The rapid upgrade cycles of premium users are supplying a steady flow of lightly used, high-performance devices into the secondary market, improving availability and affordability. This dynamic ensures a consistent inventory of desirable models at accessible prices, helping lower-income segments access advanced technology while supporting the growth of India’s value-driven used smartphone ecosystem.

Growth of Organized Online Resale Platforms and Trade-In Programs

The rise of structured resale platforms like Cashify, Amazon Renewed, and Flipkart’s trade-in programs is reshaping India’s used smartphone market. These platforms have streamlined the resale process by offering certified refurbished devices with warranties, easy returns, and quality assurance—boosting consumer confidence. According to sources, Apple led the refurbished smartphone market with a 25% share, followed by Xiaomi and Samsung. Collectively, these three brands accounted for nearly 67% of all used smartphone sales in India, reflecting their strong presence in both new and pre-owned segments. Trade-in programs tied to new phone purchases are gaining popularity, making upgrades more affordable. Doorstep pickup, digital payment options, and expanded service in Tier II and III cities are further enhancing accessibility. As a result, the organized segment is steadily replacing informal peer-to-peer sales, offering better transparency, pricing, and authentication.

Increasing Supply of Pre-Owned Devices Driven by Fast Replacement Cycles

India’s used smartphone market is being fueled by a growing supply of pre-owned devices as consumers, particularly in urban areas, are upgrading to newer models more frequently. Brand-driven innovations, shorter product life cycles, and aspirational buying behavior are leading to faster replacement of smartphones. As a result, a significant number of high-quality devices enter the secondary market within one to two years of purchase. This trend ensures a continuous inventory of popular mid-range and flagship models for resale. Corporate device replacement programs and exchange schemes from telecom operators and retailers are also contributing to the influx of second-hand phones, enabling a steady flow of quality smartphones to meet rising demand in secondary markets.

India Used Smartphone Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on condition, brand, operating system, price range, and sales channel.

Condition Insights:

• Certified Pre-Owned
• Refurbished
• Used 

The report has provided a detailed breakup and analysis of the market based on the condition. This includes certified pre-owned, refurbished, and used.

Brand Insights:

• Apple
• Samsung
• Google
• OnePlus
• Xiaomi

A detailed breakup and analysis of the market based on the brand have also been provided in the report. This includes Apple, Samsung, Google, Oneplus, and Xiaomi.

Operating System Insights:

• iOS
•  Android
• Others

The report has provided a detailed breakup and analysis of the market based on the operating system. This includes iOS, android, and others.

Price Range Insights:

• Low (Under $200)
• Mid ($200-$500)
• High ($500-$1000)
• Premium ($1000+)

A detailed breakup and analysis of the market based on the price range have also been provided in the report. This includes low (under $200), mid ($200-$500), high ($500-$1000), and premium ($1000+).

Sales Channel Insights:

• Online Marketplaces
• Retail Stores
• Carrier Stores
• Independent Resellers

The report has provided a detailed breakup and analysis of the market based on the sales channel This includes online marketplaces, retail stores, carrier stores, and independent resellers.

Regional Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North, South, East, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Used Smartphone Market News:

• In January 2025, Tata Electronics secured approval to acquire a majority stake in Pegatron India, strengthening its role in Apple’s supply chain shift to India. The move, approved by the Competition Commission of India, includes the transfer of TEL Components’ operations to Pegatron India. This strategic acquisition enhances Tata’s manufacturing capabilities, supports the Make in India initiative, and positions Tata alongside Foxconn as a key iPhone assembler, accelerating India’s electronics manufacturing growth.

India Used Smartphone Market Report Coverage:

Key Questions Answered in This Report:

• How has the India used smartphone market performed so far and how will it perform in the coming years?
• What is the breakup of the India used smartphone market on the basis of condition?
• What is the breakup of the India used smartphone market on the basis of brand?
• What is the breakup of the India used smartphone market on the basis of operating system?
• What is the breakup of the India used smartphone market on the basis of price range?
• What is the breakup of the India used smartphone market on the basis of sales channel?
• What is the breakup of the India used smartphone market on the basis of region?
• What are the various stages in the value chain of the India used smartphone market? 
• What are the key driving factors and challenges in the India used smartphone?
• What is the structure of the India used smartphone market and who are the key players?
• What is the degree of competition in the India used smartphone market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India used smartphone market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India used smartphone market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India used smartphone industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.