We'll all be buying secondhand tech in 2024, latest MPB report predicts

A selection of wide-angle prime lenses on an orange and black background
(Image credit: Future / Digital Camera Magazine)

We are living in a time where buying secondhand products is the only option for a large percentage of the population, with inflation and the current cost of living crisis placing financial pressure on consumers to shop used tech this year. 

This is especially true for photographers when you consider that retail prices for new flagship camera models have more than doubled over the last few years, and lenses aren't getting any cheaper, either. So what does this mean for the industry?

MPB's founder and CEO, Matt Barker
Matt Barker

Matt launched MPB in 2011 with a mission to build a best-in-class, end-to-end platform that photographers and videographers love and trust. He’s proud to lead a circular business that extends the life and creative potential of products for diverse content creators worldwide.

Beth Nicholls
Ecommerce Writer

Beth is Creative Bloq’s Ecommerce Writer. An avid music photographer and previous staff writer for Digital Camera World, Beth has a keen eye for content and knows just how to create it. Her background working as a tester for CeX has provided extensive knowledge surrounding the latest tech and gaming trends, and she studied Music Journalism too, so you'll probably find her at a gig. Basically, she's a total nerd with a Snorlax tattoo and a Master's degree in Photography, forever wishing she was Peter Parker.