India’s TWS earbuds market experienced significant growth in Q2 2023, with a 34% increase in shipments compared to the previous year. This growth was driven by factors such as affordable new launches, demand for low-priced models, and sales events on e-commerce platforms. Domestic brands dominated the market, accounting for 75% of the shipments, while Chinese brands saw their highest market share in seven quarters.
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India helps global TWS shipments grow: Biggest gainers
India’s TWS earbuds market experienced significant growth in Q2 2023, with a 34% increase in shipments compared to the previous year. This growth was driven by factors such as affordable new launches, demand for low-priced models, and sales events on e-commerce platforms. Domestic brands dominated the market, accounting for 75% of the shipments, while Chinese brands saw their highest market share in seven quarters.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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