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Market Overview:
This report presents an extensive evaluation of the Re-Commerce Market, focusing on historical data from 2018 to 2021 while offering detailed forecasts for the period between 2023 to 2028. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.
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What’s covered in the report?
Surging Demand for Refurbished Smartphones to Augment the Market Growth – The demand for premium smartphones has showcased a substantial growth rate driven by the dual forces of affordability and value retention. Premium phones from companies like Apple, Samsung, etc., often come with high price tags, which limits their accessibility to a select market segment. Owing to this, consumers across the globe, especially, in Europe, India, etc., are registering substantial demand for refurbished smartphones.
With e-commerce platforms being the major forum for the sale of these refurbished phones, purchase via this medium has substantially increased, which is subsequently enhancing the market size. The surge in demand is fuelled by the affordability of refurbished premium smartphones, which provide consumers with an opportunity to experience top-tier features and performance at a significantly lower cost and would further continue to enhance the market growth during the forecast period.
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By Type
By Product
The Re-Commerce market has witnessed remarkable growth in recent years, with second-hand fashion and apparel emerging as a dominant force within this sector.
By Product Category
By Age Group
By Region
The Re-Commerce market size has substantially expanded in Europe, due to the presence of noteworthy consumers who have prioritized eco-friendly consumption practices and are concerned about the environmental impact of their purchases.
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