Encore Repair Services’ Post

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According to CCS Insights secondhand channels are experiencing a surge because organized channels, major retailers, phone-makers, mobile operators and online marketplaces are all participating, offering a range of services from trade-ins and refurbishments and direct sales. CSS predicted a 5% growth for 2023 in the secondary market reaching 450 million units sold. In contrast, the primary market for mobile devices is expected to decline by 5%, hitting 1.4 billion units. Over the next 10 years, CCS Insight forecasts the secondary market will outperform the primary.   This industry aims to advance circularity through 4 key strategies: Acquisition, Service, Automation & Upscaling, Redistribution. Watch at the link below to learn more: https://lnkd.in/ghWCQKxK 

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