In 2020, around 152 million used smartphones were traded to merchants or individual buyers in China, bringing in a GMV of approximately about 180 billion yuan. China's second-hand consumer electronics market is expected to grow further in the coming years and reach an annual trade volume of around 546 million devices in 2025.
Trade volume of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category
(in millions)
Others include true wireless stereo headset, smart band, smart watch, digital camera and lenses, sports camera, e-book, game console, drone, among other
things.
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ATRenew. (May 28, 2021). Trade volume of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in millions) [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1304852/china-trade-volume-of-pre-owned-consumer-electronics-by-category/
ATRenew. "Trade volume of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in millions)." Chart. May 28, 2021. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1304852/china-trade-volume-of-pre-owned-consumer-electronics-by-category/
ATRenew. (2021). Trade volume of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in millions). Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1304852/china-trade-volume-of-pre-owned-consumer-electronics-by-category/
ATRenew. "Trade Volume of Second-hand Consumer Electronic Devices Sold to Merchants or Individuals in China from 2015 to 2020 with Estimates until 2025, by Category (in Millions)." Statista, Statista Inc., 28 May 2021, https://www.statista.com/statistics/1304852/china-trade-volume-of-pre-owned-consumer-electronics-by-category/
ATRenew, Trade volume of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in millions) Statista, https://www.statista.com/statistics/1304852/china-trade-volume-of-pre-owned-consumer-electronics-by-category/ (last visited October 11, 2024)
Trade volume of second-hand consumer electronic devices sold to merchants or individuals in China from 2015 to 2020 with estimates until 2025, by category (in millions) [Graph], ATRenew, May 28, 2021. [Online]. Available: https://www.statista.com/statistics/1304852/china-trade-volume-of-pre-owned-consumer-electronics-by-category/