It can be expected that the overseas secondary market may continue to flourish in the future, and many products will come from China.
The mobile phone market that many people overlook looks promising.
According to IDC’s latest “2019-2023 Global Used Smartphone Forecast”, the shipment of used smartphones in 2019 will reach 206 million units, a growth rate of 17.6%; in 2023, this number will reach 3.33. Million units, with a compound growth of 13.6%.
Global smartphones have finally ushered in growth in the third quarter of 2019, and people’s attention is mostly there. In fact, the second mobile phone market has been hot. In China, the second mobile phone accounted for about 15% of the overall transaction in 2018, and it is a large market worth hundreds of billions of dollars.
The iPhone is naturally the most sought-after product in the second-hand market. As early as 2013, the value of second-hand Apple circulating on eBay exceeded 2 billion.
Huaqiangbei, China ’s largest secondary mobile phone market, is both a recycling land and a huge sales market. Many downstream suppliers will export mobile phones abroad, and the Middle East, Russia, and India have secondary mobile phones. Most of them The goods come from Hong Kong.
Huaqiangbei has formed an extremely complete industrial chain, from maintenance to export, it is enduring. The secondary market is followed by uneven quality, various problems such as “foreign garbage”, mixed fish and dragon, with a barbaric and reckless atmosphere, and it often swims in the gray area, which is an underground river and lake. .
Furthermore, with the gradual price reduction and popularity of 5G mobile phones, 4G mobile phones will flow into the market in large quantities. In particular, after the replacement of 4G mobile phones in China, there is a time difference between the replacement of phones in many overseas countries. It is expected that the overseas second-hand market may continue to flourish in the future, and many products will come from China.
Although Huaqiangbei is declining, the mobile phone market is still booming.