Global Refurbished Mobile Phone Market Outlook, 2029

The Global Refurbished Mobile Phone Market is segmented into By Type (Refurbished Phones and Used Phones), By Pricing Range (Low-priced Refurbished and Used Mobile Phones (Less than $200), Mid-Priced Refurbished and Used Mobile Phones ($200-$350) and Premium Refurbished and Used Mobile Phones (More than $350)) and By Distribution Channel (Offline and Online).

The Global Refurbished Mobile Phone Market is anticipated to cross USD 100 Billion by 2029, increasing from USD 64.91 Billion in 2023 with 7.80% CAGR by 2024-29.

Refurbished Mobile Phone Market Market Analysis

In the fast-paced world of technology, the quest for the latest gadgets and devices often leaves behind a trail of discarded electronics. However, amidst this cycle of consumption and disposal, a burgeoning industry has emerged, one that not only reduces electronic waste but also provides affordable alternatives to consumers, the refurbished phone industry. Refurbished phones are devices that have been previously owned, returned, or used lightly, then restored to like-new condition for resale. This process involves thorough inspection, repair, and testing to ensure functionality and reliability comparable to that of new devices. These phones are then sold at a lower price than brand-new devices. The phones have been previously owned, used as display models, or returned due to minor defects. Once these devices are received, they undergo rigorous testing, repair, and data wiping to ensure they meet the necessary standards before being resold. The benefits of refurbished phones extend beyond cost savings and environmental sustainability. For many consumers, refurbished devices represent an opportunity to access premium features and specifications at a fraction of the cost. Whether upgrading to a newer model or purchasing a backup device, refurbished phones are offering flexibility and affordability without the financial burden of buying new. Furthermore, refurbished phones cater to individuals who prioritize function over fashion, as they often feature the same performance and capabilities as their new counterparts. Whether it's browsing the web, capturing memories with the camera, or staying connected with loved ones, refurbished phones enable users to enjoy the full smartphone experience without breaking the bank. The refurbished phone market has witnessed exponential growth in recent years, driven by several factors. With the proliferation of smartphones worldwide, especially in emerging markets, there is a vast potential for the expansion of the refurbished phone industry. Moreover, as consumers become more environmentally conscious and financially savvy, the demand for refurbished devices continues to soar. The market for refurbished phones is highly dynamic, with various players contributing to its growth and evolution. Refurbishers, retailers, e-commerce platforms, and mobile carriers all play a role in the distribution and sale of refurbished devices. Additionally, advancements in technology and refurbishment techniques have led to improvements in the quality and reliability of refurbished phones, further fueling market growth.

According to the research report, “Global Refurbished Mobile Phone Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 100 Billion by 2029, increasing from USD 64.91 Billion in 2023. The market is expected to grow with 7.80% CAGR by 2024-29. One of the primary driving forces behind the refurbished phone industry is the increasing awareness of environmental sustainability. Electronic waste, or e-waste, poses a significant threat to the environment and human health due to toxic components like lead, mercury, and cadmium. By extending the lifespan of smartphones through refurbishment and resale, this industry helps mitigate the adverse environmental effects of electronic disposal. Refurbished phones offer a compelling value proposition for consumers seeking high-quality devices at affordable prices. These devices typically come with significant discounts compared to their brand-new counterparts, making them accessible to a broader demographic. Moreover, many refurbished phones are backed by warranties and return policies, providing consumers with peace of mind regarding their purchase. Advancements in technology have played a pivotal role in the growth of the refurbished phone industry. As new models are released with improved features and capabilities, the lifecycle of older devices shortens. However, many of these older models remain perfectly functional and capable of meeting the needs of users. Refurbishment allows these devices to be reintroduced into the market, catering to individuals who prioritize functionality over having the latest specifications. Contrary to common misconceptions, refurbished phones undergo rigorous testing and quality control processes to ensure their performance and reliability. Reputable refurbishers employ skilled technicians who meticulously inspect each device, replacing any faulty components and addressing cosmetic imperfections. Additionally, refurbished phones often undergo software updates and factory resets, further enhancing their usability.

What's Inside a Bonafide Research`s industry report?

A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.

Download Sample

Market Dynamic

Market Drivers

Access to Premium Features: Refurbished phones provide consumers with access to premium features and specifications at a more affordable price point. This allows individuals who may not be able to afford new flagship devices to enjoy advanced technology and capabilities. Refurbished phones offer an opportunity for consumers to experience high-end features such as advanced cameras, enhanced processing power, and innovative design, without the premium price tag associated with new devices.
Warranty and Support: Many refurbished phones come with warranties and support services, offering consumers added peace of mind and protection against potential issues. These warranties often cover defects in materials or workmanship, providing consumers with recourse in the event of malfunction or failure. Additionally, refurbished phone vendors may offer customer support services to assist with setup, troubleshooting, and device maintenance, further enhancing the overall ownership experience.

Market Challenges

Consumer Perception: Overcoming skepticism and dispelling misconceptions about refurbished phones remains a significant challenge for the industry. Some consumers are hesitant to purchase refurbished devices due to concerns about product quality, reliability, and warranty coverage. Building trust and confidence among consumers requires education, transparency, and consistent quality assurance measures throughout the refurbishment process.
Regulatory Compliance and Data Security: Adhering to regulations and standards regarding data privacy, environmental sustainability, and product safety poses challenges for refurbished phone vendors. Ensuring compliance with industry certifications and regulations, such as GDPR (General Data Protection Regulation) and e-Stewards, is essential to maintaining consumer trust and market credibility. Additionally, safeguarding sensitive data during the refurbishment process and implementing robust data erasure techniques are critical to protecting consumer privacy and preventing data breaches.

Market Trends

Rise of Online Marketplaces: The increasing popularity of online marketplaces and e-commerce platforms has fueled the growth of the refurbished phone industry. These platforms provide a convenient and accessible channel for consumers to purchase refurbished devices, offering a wide selection of products from various vendors. Additionally, online marketplaces often feature customer reviews and ratings, helping consumers make informed purchasing decisions and build confidence in refurbished products.
Focus on Quality and Certification: As consumer demand for refurbished phones continues to grow, there is a greater emphasis on quality assurance and certification within the industry. Refurbishers and retailers are investing in rigorous testing, inspection, and refurbishment processes to ensure the quality and reliability of refurbished devices. Industry certifications, such as Certified Refurbished programs offered by manufacturers, provide consumers with assurance regarding the authenticity and quality of refurbished products, further driving market acceptance and trust.

Make this report your own

Have queries/questions regarding a report

Take advantage of intelligence tailored to your business objective

Manmayi Raval

Manmayi Raval

Research Consultant


Refurbished Mobile Phone Market Segmentation

By Type Analysis Refurbished Phones
Used Phones
By Pricing Range Analysis Low-priced Refurbished and Used Mobile Phones (Less than $200)
Mid-Priced Refurbished and Used Mobile Phones ($200-$350)
Premium Refurbished and Used Mobile Phones (More than $350)
By Distribution Channel Offline
Online
GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Asia-PacificChina
Japan
India
Australia
South Korea
South AmericaBrazil
Argentina
Colombia
MEAUnited Arab Emirates
Saudi Arabia
South Africa

The refurbished phones segment dominated the refurbished and used mobile phones market share in 2023 and is expected to maintain its dominance throughout the forecast period, primarily due to the increasing popularity of refurbished smartphones among end consumers.

Refurbished phones undergo thorough inspection, repair, and testing processes to ensure they meet quality standards and perform reliably. Skilled technicians address any defects or issues, replacing faulty components with genuine or high-quality aftermarket parts. As a result, refurbished phones offer a level of quality and reliability comparable to that of new devices, instilling confidence in consumers. Used phones, on the other hand, are typically sold as-is, with no guarantee of quality or functionality. While some used phones may still be in good condition, others may have wear and tear, cosmetic imperfections, or underlying issues that affect performance. Without refurbishment or testing, the reliability of used phones can vary significantly, leading to potential dissatisfaction or unexpected problems for buyers. Many refurbished phones come with warranties and support policies, providing consumers with peace of mind and protection against defects or malfunctions. These warranties may vary in duration and coverage, but they often include repair or replacement services for specified issues within a certain timeframe. Additionally, reputable refurbishers and retailers offer customer support to assist with inquiries or concerns, enhancing the overall purchasing experience. Used phones are typically sold without warranties or support, leaving buyers vulnerable to unforeseen issues or failures. Since there is no guarantee of product condition or performance, consumers bear the risk of encountering problems with the device after purchase. Without warranty coverage or support services, addressing any issues that arise with a used phone can be costly and inconvenient for buyers. Refurbished phones offer excellent value for money, providing consumers with high-quality devices at significantly discounted prices compared to new phones. The cost savings associated with refurbished phones make them an attractive option for budget-conscious consumers seeking affordable alternatives without compromising on quality or performance. Used phones may be cheaper upfront compared to refurbished phones, but their value proposition is less predictable. While some used phones may offer good value for money, others may have hidden defects or issues that diminish their long-term value. Without refurbishment or quality assurance measures, the price of used phones may not always reflect their true condition or reliability, leading to potential discrepancies in value for buyers.

Mid-priced refurbished and used mobile phones ($200-$350) lead the refurbished phone industry due to their optimal balance of affordability and quality, offering consumers value for money without compromising on performance or features.

Mid-priced refurbished and used mobile phones, typically priced between $200 and $350, have emerged as the leading category in the refurbished phone industry due to their compelling combination of affordability and quality. Unlike lower-priced options, which may sacrifice performance or reliability, and higher-priced models, which may exceed the budgets of many consumers, mid-priced phones strike a balance that appeals to a wide range of buyers. These devices often represent a significant discount compared to their original retail prices, making them accessible to budget-conscious consumers seeking affordable alternatives to new smartphones. Moreover, mid-priced refurbished and used phones undergo thorough refurbishment processes to ensure they meet quality standards and perform reliably. Skilled technicians inspect, repair, and test these devices, addressing any defects or issues to restore them to like-new condition. As a result, consumers can purchase mid-priced refurbished or used phones with confidence, knowing they are getting a reliable device at a fraction of the cost of a new one. Additionally, the mid-priced segment offers a diverse selection of models from various manufacturers, providing consumers with ample choices to suit their preferences and needs. Whether it's a flagship model from a few years ago or a mid-range device with solid performance, mid-priced refurbished and used phones offer value for money without compromising on features or capabilities.

Offline distribution channels lead in the refurbished phone industry due to the personalized experience they offer, allowing consumers to inspect devices physically and receive immediate assistance from knowledgeable staff.

Offline distribution channels, including brick-and-mortar stores and authorized resellers, have emerged as leaders in the refurbished phone industry primarily due to the personalized experience they provide to consumers. Unlike online channels, where purchases are made remotely and devices are selected based on descriptions and images, offline stores allow consumers to physically inspect refurbished phones before making a purchase. This hands-on approach enables consumers to assess the device's condition, quality, and features firsthand, instilling confidence and trust in their purchase decision. Moreover, offline stores offer immediate assistance from knowledgeable staff who can provide expert guidance, answer questions, and address concerns in real-time. Whether it's explaining the refurbishment process, discussing warranty options, or comparing different models, the personalized assistance offered by offline channels enhances the overall shopping experience for consumers. Additionally, offline stores often provide additional services such as device setup, data transfer, and technical support, further adding value and convenience for customers. Furthermore, offline distribution channels cater to consumers who prefer face-to-face interactions and value the tactile experience of shopping in-store. By leveraging the benefits of personalization, immediate assistance, and added services, offline distribution channels have positioned themselves as leaders in the refurbished phone industry, appealing to a broad spectrum of consumers and driving their continued success in the market.

Refurbished Mobile Phone Market Market Regional Insights

The Asia Pacific region is experiencing significant growth in the refurbished smartphone market due to the factors such as the large population, rising smartphone penetration, and increasing demand for affordable devices.

The Asia-Pacific region has emerged as the leader in the refurbished phone industry, propelled by several key factors contributing to its dominance. Firstly, the region boasts a massive market size with a diverse population spanning countries such as China, India, Japan, South Korea, and Southeast Asian nations. This vast market presents immense opportunities for refurbished phone vendors to cater to the diverse needs and preferences of consumers across different socioeconomic backgrounds. Moreover, the Asia-Pacific region has experienced rapid technological adoption and smartphone penetration in recent years, driven by factors such as urbanization, rising disposable incomes, and the availability of affordable mobile data plans. As a result, there is a growing demand for smartphones, particularly among price-sensitive consumers who seek cost-effective alternatives to new devices. Refurbished phones offer an attractive solution, providing high-quality smartphones at significantly discounted prices compared to new models, thus meeting the needs of budget-conscious consumers without compromising on quality or performance. Additionally, the Asia-Pacific region is characterized by a strong entrepreneurial spirit and a thriving ecosystem of refurbishers, retailers, and e-commerce platforms catering to the refurbished phone market. This vibrant ecosystem fosters innovation, competition, and collaboration, driving the growth and development of the refurbished phone industry in the region. Furthermore, increasing awareness of environmental sustainability and the circular economy has further bolstered the demand for refurbished phones in the Asia-Pacific region. As consumers become more conscious of the environmental impact of electronic waste and seek greener alternatives, refurbished phones offer a sustainable solution by extending the lifespan of electronic devices and reducing e-waste. Refurbished smartphone sales are rising in India because of a new generation of tech-enabled firms like Cashify, HyperXchange, and Flipkart-owned Yaantra, among others. Refurbished mobile devices offer affordable choices for buyers and sellers, and they are growing in popularity due to the money they save both parties. Local merchants, like Shopzen India, provide high-quality refurbished mobile phones at wholesale prices. With all brands available on one platform, customers can shop for their ideal smartphones and mobile phone accessories while minimizing costs. The market demand in this area is driven by the rising popularity of e-commerce platforms for used and refurbished cell phones.

Key Development

• In December 2023, Smartphone refurbishing startup ControlZ aims to invest nearly USD 2 million in its Gurugram repair facility again in 2024. The company aims to repair 1 lakh units at the facility in 2024 and scale it to 5 lakh units by 2025.
• In November 2023, Reboxed announced that it secured GBP 1.6 million (USD 2.03 million) in seed funding led by ACF Investors. Reboxed offers a commerce platform connecting customers and businesses with a better and more sustainable way to buy and sell technology. It provides premium refurbished and pre-owned devices, including phones, tablets, laptops, and smartwatches, through a "like new" experience that focuses on quality, consistency, and a genuinely circular approach. The company will use the funds to drive growth and further develop its retail partner programs and Reboxed for business service.
• In September 2023, Back Market launched 'Let Them Buy New' - a provocative new international campaign that calls 'BS' on Big Tech's obsession with creating a need for new products. The campaign parodies Big Tech's marketing ploys to challenge the accepted norm of buying new tech every time, to question a consumer bias for new, and to show that refurbished devices are a high quality, more affordable, and more eco-friendly choice.
• In September 2023, Expon Capital’s portfolio company, REFURBED, which achieved 1 billion in GMV since its founding in June 2023, announced a USD 57 million (EUR investment led by existing investors with significant participation from All Iron and several new backers). With this Series C investment, the company will continue to drive its mission to become the leading platform for sustainable products and services to empower consumers to purchase refurbished technology in a more accessible, risk-free, and sustainable manner.

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Discount offer

Companies Mentioned

  • Samsung Corporation Limited
  • Apple, Inc
  • Amazon.com, Inc.
  • Alibaba
  • Walmart Inc
  • MercadoLibre, Inc.
  • Target Brands, Inc.
  • eBay Inc.
  • AT&T Inc
  • Swappie OY
  • Best Buy Co., Inc
  • Back Market
  • Cashify
  • One97 Communications Ltd
  • Recommerce Solutions
  • Verizon Communications Inc.
Company mentioned

Table of Contents

  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.3.1. XXXX
  • 2.3.2. XXXX
  • 2.3.3. XXXX
  • 2.3.4. XXXX
  • 2.3.5. XXXX
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Refurbished Mobile Phone Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Type
  • 6.5. Market Size and Forecast, By Price Range
  • 6.6. Market Size and Forecast, By Distribution Channel
  • 7. North America Refurbished Mobile Phone Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Type
  • 7.4. Market Size and Forecast, By Price Range
  • 7.5. Market Size and Forecast, By Distribution Channel
  • 7.6. United States Refurbished Mobile Phone Market Outlook
  • 7.6.1. Market Size By Value
  • 7.6.2. Market Size and Forecast By Type
  • 7.6.3. Market Size and Forecast By Price Range
  • 7.6.4. Market Size and Forecast By Distribution Channel
  • 7.7. Canada Refurbished Mobile Phone Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Size and Forecast By Type
  • 7.7.3. Market Size and Forecast By Price Range
  • 7.7.4. Market Size and Forecast By Distribution Channel
  • 7.8. Mexico Refurbished Mobile Phone Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Type
  • 7.8.3. Market Size and Forecast By Price Range
  • 7.8.4. Market Size and Forecast By Distribution Channel
  • 8. Europe Refurbished Mobile Phone Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Type
  • 8.4. Market Size and Forecast, By Price Range
  • 8.5. Market Size and Forecast, By Distribution Channel
  • 8.6. Germany Refurbished Mobile Phone Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Size and Forecast By Type
  • 8.6.3. Market Size and Forecast By Price Range
  • 8.6.4. Market Size and Forecast By Distribution Channel
  • 8.7. United Kingdom Refurbished Mobile Phone Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Size and Forecast By Type
  • 8.7.3. Market Size and Forecast By Price Range
  • 8.7.4. Market Size and Forecast By Distribution Channel
  • 8.8. France Refurbished Mobile Phone Market Outlook
  • 8.8.1. Market Size By Value
  • 8.8.2. Market Size and Forecast By Type
  • 8.8.3. Market Size and Forecast By Price Range
  • 8.8.4. Market Size and Forecast By Distribution Channel
  • 8.9. Italy Refurbished Mobile Phone Market Outlook
  • 8.9.1. Market Size By Value
  • 8.9.2. Market Size and Forecast By Type
  • 8.9.3. Market Size and Forecast By Price Range
  • 8.9.4. Market Size and Forecast By Distribution Channel
  • 8.10. Spain Refurbished Mobile Phone Market Outlook
  • 8.10.1. Market Size By Value
  • 8.10.2. Market Size and Forecast By Type
  • 8.10.3. Market Size and Forecast By Price Range
  • 8.10.4. Market Size and Forecast By Distribution Channel
  • 8.11. Russia Refurbished Mobile Phone Market Outlook
  • 8.11.1. Market Size By Value
  • 8.11.2. Market Size and Forecast By Type
  • 8.11.3. Market Size and Forecast By Price Range
  • 8.11.4. Market Size and Forecast By Distribution Channel
  • 9. Asia-Pacific Refurbished Mobile Phone Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Type
  • 9.4. Market Size and Forecast, By Price Range
  • 9.5. Market Size and Forecast, By Distribution Channel
  • 9.6. China Refurbished Mobile Phone Market Outlook
  • 9.6.1. Market Size By Value
  • 9.6.2. Market Size and Forecast By Type
  • 9.6.3. Market Size and Forecast By Price Range
  • 9.6.4. Market Size and Forecast By Distribution Channel
  • 9.7. Japan Refurbished Mobile Phone Market Outlook
  • 9.7.1. Market Size By Value
  • 9.7.2. Market Size and Forecast By Type
  • 9.7.3. Market Size and Forecast By Price Range
  • 9.7.4. Market Size and Forecast By Distribution Channel
  • 9.8. India Refurbished Mobile Phone Market Outlook
  • 9.8.1. Market Size By Value
  • 9.8.2. Market Size and Forecast By Type
  • 9.8.3. Market Size and Forecast By Price Range
  • 9.8.4. Market Size and Forecast By Distribution Channel
  • 9.9. Australia Refurbished Mobile Phone Market Outlook
  • 9.9.1. Market Size By Value
  • 9.9.2. Market Size and Forecast By Type
  • 9.9.3. Market Size and Forecast By Price Range
  • 9.9.4. Market Size and Forecast By Distribution Channel
  • 9.10. South Korea Refurbished Mobile Phone Market Outlook
  • 9.10.1. Market Size By Value
  • 9.10.2. Market Size and Forecast By Type
  • 9.10.3. Market Size and Forecast By Price Range
  • 9.10.4. Market Size and Forecast By Distribution Channel
  • 10. South America Refurbished Mobile Phone Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Type
  • 10.4. Market Size and Forecast, By Price Range
  • 10.5. Market Size and Forecast, By Distribution Channel
  • 10.6. Brazil Refurbished Mobile Phone Market Outlook
  • 10.6.1. Market Size By Value
  • 10.6.2. Market Size and Forecast By Type
  • 10.6.3. Market Size and Forecast By Price Range
  • 10.6.4. Market Size and Forecast By Distribution Channel
  • 10.7. Argentina Refurbished Mobile Phone Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Size and Forecast By Type
  • 10.7.3. Market Size and Forecast By Price Range
  • 10.7.4. Market Size and Forecast By Distribution Channel
  • 10.8. Columbia Refurbished Mobile Phone Market Outlook
  • 10.8.1. Market Size By Value
  • 10.8.2. Market Size and Forecast By Type
  • 10.8.3. Market Size and Forecast By Price Range
  • 10.8.4. Market Size and Forecast By Distribution Channel
  • 11. Middle East & Africa Refurbished Mobile Phone Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Type
  • 11.4. Market Size and Forecast, By Price Range
  • 11.5. Market Size and Forecast, By Distribution Channel
  • 11.6. UAE Refurbished Mobile Phone Market Outlook
  • 11.6.1. Market Size By Value
  • 11.6.2. Market Size and Forecast By Type
  • 11.6.3. Market Size and Forecast By Price Range
  • 11.6.4. Market Size and Forecast By Distribution Channel
  • 11.7. Saudi Arabia Refurbished Mobile Phone Market Outlook
  • 11.7.1. Market Size By Value
  • 11.7.2. Market Size and Forecast By Type
  • 11.7.3. Market Size and Forecast By Price Range
  • 11.7.4. Market Size and Forecast By Distribution Channel
  • 11.8. South Africa Refurbished Mobile Phone Market Outlook
  • 11.8.1. Market Size By Value
  • 11.8.2. Market Size and Forecast By Type
  • 11.8.3. Market Size and Forecast By Price Range
  • 11.8.4. Market Size and Forecast By Distribution Channel
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2022
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. Alibaba Group Holding Limited
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. Apple Inc
  • 12.6.3. Amazon.com, Inc.,
  • 12.6.4. eBay Inc.
  • 12.6.5. Samsung Group
  • 12.6.6. Swappie OY
  • 12.6.7. Best Buy Co., Inc
  • 12.6.8. Walmart Inc
  • 12.6.9. Back Market
  • 12.6.10. Cashify
  • 12.6.11. One97 Communications Ltd
  • 12.6.12. AT&T Inc.
  • 12.6.13. Target Corporation
  • 12.6.14. Best Buy Co., Inc
  • 12.6.15. MercadoLibre, Inc
  • 12.6.16. Recommerce Solutions
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

Table 1: Global Refurbished Mobile Phone Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Influencing Factors for Refurbished Mobile Phone Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Refurbished Mobile Phone Market Size and Forecast, By Geography (2018 to 2029F) (In USD Billion)
Table 7: Global Refurbished Mobile Phone Market Size and Forecast, By Type (2018 to 2029F) (In USD Billion)
Table 8: Global Refurbished Mobile Phone Market Size and Forecast, By Price Range (2018 to 2029F) (In USD Billion)
Table 9: Global Refurbished Mobile Phone Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 10: North America Refurbished Mobile Phone Market Size and Forecast, By Type (2018 to 2029F) (In USD Billion)
Table 11: North America Refurbished Mobile Phone Market Size and Forecast, By Price Range (2018 to 2029F) (In USD Billion)
Table 12: North America Refurbished Mobile Phone Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 13: United States Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 14: United States Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 15: United States Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 16: Canada Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 17: Canada Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 18: Canada Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 19: Mexico Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 20: Mexico Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 21: Mexico Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 22: Europe Refurbished Mobile Phone Market Size and Forecast, By Type (2018 to 2029F) (In USD Billion)
Table 23: Europe Refurbished Mobile Phone Market Size and Forecast, By Price Range (2018 to 2029F) (In USD Billion)
Table 24: Europe Refurbished Mobile Phone Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 25: Germany Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 26: Germany Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 27: Germany Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 28: United Kingdom Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 29: United Kingdom Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 30: United Kingdom Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 31: France Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 32: France Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 33: France Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 34: Italy Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 35: Italy Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 36: Italy Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 37: Spain Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 38: Spain Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 39: Spain Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 40: Russia Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 41: Russia Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 42: Russia Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 43: Asia-Pacific Refurbished Mobile Phone Market Size and Forecast, By Type (2018 to 2029F) (In USD Billion)
Table 44: Asia-Pacific Refurbished Mobile Phone Market Size and Forecast, By Price Range (2018 to 2029F) (In USD Billion)
Table 45: Asia-Pacific Refurbished Mobile Phone Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 46: China Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 47: China Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 48: China Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 49: Japan Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 50: Japan Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 51: Japan Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 52: India Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 53: India Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 54: India Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 55: Australia Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 56: Australia Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 57: Australia Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 58: South Korea Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 59: South Korea Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 60: South Korea Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 61: South America Refurbished Mobile Phone Market Size and Forecast, By Type (2018 to 2029F) (In USD Billion)
Table 62: South America Refurbished Mobile Phone Market Size and Forecast, By Price Range (2018 to 2029F) (In USD Billion)
Table 63: South America Refurbished Mobile Phone Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 64: Brazil Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 65: Brazil Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 66: Brazil Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 67: Argentina Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 68: Argentina Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 69: Argentina Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 70: Colombia Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 71: Colombia Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 72: Colombia Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 73: Middle East & Africa Refurbished Mobile Phone Market Size and Forecast, By Type (2018 to 2029F) (In USD Billion)
Table 74: Middle East & Africa Refurbished Mobile Phone Market Size and Forecast, By Price Range (2018 to 2029F) (In USD Billion)
Table 75: Middle East & Africa Refurbished Mobile Phone Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 76: United Arab Emirates Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 77: United Arab Emirates Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 78: United Arab Emirates Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 79: Saudi Arabia Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 80: Saudi Arabia Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 81: Saudi Arabia Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 82: South Africa Refurbished Mobile Phone Market Size and Forecast By Type (2018 to 2029F) (In USD Billion)
Table 83: South Africa Refurbished Mobile Phone Market Size and Forecast By Price Range (2018 to 2029F) (In USD Billion)
Table 84: South Africa Refurbished Mobile Phone Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)

Figure 1: Global Refurbished Mobile Phone Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Refurbished Mobile Phone Market Share By Region (2023)
Figure 6: North America Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: North America Refurbished Mobile Phone Market Share By Country (2023)
Figure 8: US Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Canada Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: Mexico Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Europe Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: Europe Refurbished Mobile Phone Market Share By Country (2023)
Figure 13: Germany Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 14: UK Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 15: France Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 16: Italy Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 17: Spain Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 18: Russia Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 19: Asia-Pacific Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 20: Asia-Pacific Refurbished Mobile Phone Market Share By Country (2023)
Figure 21: China Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 22: Japan Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 23: India Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 24: Australia Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 25: South Korea Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 26: South America Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 27: South America Refurbished Mobile Phone Market Share By Country (2023)
Figure 28: Brazil Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 29: Argentina Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 30: Columbia Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 31: Middle East & Africa Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 32: Middle East & Africa Refurbished Mobile Phone Market Share By Country (2023)
Figure 33: UAE Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 34: Saudi Arabia Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 35: South Africa Refurbished Mobile Phone Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2023
Figure 37: Market Share insights of key players, 2023
Figure 38: Porter's Five Forces of Global Refurbished Mobile Phone Market

Refurbished Mobile Phone Market Market Research FAQs

Refurbished phones are devices that have been returned to the manufacturer or seller due to defects or customer dissatisfaction, repaired to meet quality standards, and then resold at a discounted price.

Factors driving the growth of the refurbished phone market include increasing smartphone prices, rising awareness of environmental sustainability, improvements in refurbishment processes, and the availability of certified refurbished options from reputable sellers.

Key players in the global refurbished phone market include manufacturers such as Apple, Samsung, and Xiaomi, as well as third-party refurbishers, online retailers, and telecom operators offering refurbished devices.

Challenges facing the refurbished phone market include consumer perception regarding refurbished products, competition from the new smartphone market, concerns about quality and reliability, and the need for consistent supply chains for refurbished components.

Refurbished phone sales represent a significant segment of the overall smartphone industry, providing consumers with more affordable options and contributing to the extension of product lifecycles. However, they can also impact sales of new devices, particularly in markets where price sensitivity is high.

Trends shaping the future of the refurbished phone market include the growing popularity of online sales channels, increased focus on quality assurance and certification programs, advancements in refurbishment technologies, and the emergence of trade-in and upgrade programs offered by manufacturers and retailers.

The refurbished phone market contributes to sustainability by reducing electronic waste through the reuse of existing devices. Compared to the new smartphone market, refurbished phones have a lower environmental footprint since they require fewer raw materials and energy for production.

Opportunities for growth in the refurbished phone market include expanding into emerging markets, diversifying product offerings to include a wider range of smartphone models and accessories, partnering with retailers and carriers to reach more consumers, and leveraging technology to improve the refurbishment process and customer experience.

The refurbished phone market contributes to the circular economy by extending the useful life of electronic devices, reducing waste, conserving resources, and promoting sustainable consumption patterns. It aligns with principles of reuse, repair, and recycling, thereby reducing the environmental impact of smartphone consumption.
Logo

Global Refurbished Mobile Phone Market Outlook, 2029

Contact usWe are friendly and approachable, give us a call.