Which one shows a HIGHER demand than offer in your region: The "new products" market economy OR the "second-hand products" market economy?

here in the third  world we always use second hand product but in few things we buy new products.

BOTH,,,,,,,,,,SIR

Actually, it depends on the purchasing capacity of the consumer which also sometimes vary with the seasonal purchasing power variations. 

And both markets have their own markets and there is no comparision between them because simply they run on the principle of spare money to spent. For rich people there is no mean to second hand goods and for medium peoples there is no mean of first hand goods. 

But this also depends on the commodities generally cheap households or any other product in similar aspect do have1st hand market but when we move to luxury or capative market than there is a game of purchasing power.

What you say ? I think your inputs are too valuable to me.

There is a mix of both,however the percentage might vary it may be little more for new products.

Depends on the product…

Vintage or Ancient : Second Hand.

Common : New One.

The tendency to buy only new products always rest with the new generation. The needle turns in favor of them.

If we want to buy the product or we can say that the product we want to buy is our necessity but its not in our budget then we'll buy second hand.....and if its in our budget then we buy new one

Actually, it depends on the purchasing capacity of the consumer which also sometimes vary with the seasonal purchasing power variations

Many factors affect the purchasing decisions with purchasing power is on top of the list of consumers. If I can generalize, I have observed that consumers in the ME tend to prefer new products over second-hand ones. There is a level of showing-off attitude among younger and older generations including both males and especially females.

Sheet Metal and Workshop Machineries

Good Day!!!

Well it depends on the economic background of the family. We neither need to discuss about financially rich nor those who comes below the powerty line.

The middle class fmailies has a big impact on the economy. They prefer to purchase new Garments, electronics, households etc. while in automobile purchase, there is a mix trend.