India’s refurbished smartphone market grew 13% in January-June 2026, even as new smartphone volumes fell 11%, Counterpoint Research said. Samsung led with a 30% share, followed by Apple at 23%. Rising new-device prices, financing options and trade-ins are driving demand for refurbished premium phones.

New Delhi: India’s refurbished smartphone volumes grew 13 per cent (year-on-year) in the January-June period, even as new smartphone volumes declined by around 11 per cent, a report showed on Tuesday.

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According to Counterpoint Research, the growth in India’s refurbished smartphone market is being supported by increasing price pressure in the new smartphone market, particularly in the entry and mid-range segments, where consumers are more price sensitive.

Samsung led India’s refurbished smartphone market with a 30 per cent share, followed by Apple with a 23 per cent share.