Increasing smartphone penetration as well as a high proportion of low to mid-income consumers are driving the Malaysia Used Smartphone Market and is expected to exceed USD 800 Mn by 2026F

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Malaysia Used Smartphone Market

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Indonesia Used Smartphone Market Outlook to 2026: Driven by increasing smartphone prices and changing consumer buying behavior.

The market size is expected to grow at a five-year CAGR of ~9% by 2026. Post COVID, an increase in the number of transactions through online platforms have been witnessed. The ease of convenience of getting a used smartphone at the doorstep from a certified seller and trusted marketplace, has resulted an increase in the share of online platforms in the market size of used smartphones industry in Indonesia.

Thailand Used Smartphone Market Outlook to 2027F- Driven by increasing smartphone penetration, reduction in electronic waste and adoption of 5G network

According to Ken Research estimates, Thailand Used Smartphone Market– which grew at a CAGR of 11.6% in the period of 2017-2022P – is expected to grow at a CAGR of 13.9% in the forecasted period of 2022P-2027F, owing to adoption of 5G network and a high proportion of low- to mid-income consumers. Growing popularity of online marketplaces for the sale of used smartphone has substantially increased in Thailand. The market is highly dependent upon offline and unorganized players. Offline players compete with each other on the basis of products offered, its geographical presence, product quality, after sale services, value added services etc.

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