Global Refurbished And Used Mobile Phone
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Refurbished And Used Mobile Phone market size was USD 53.81 Billion in 2022 and it is forecasted to reach USD 120.96 Billion by 2030. Refurbished And Used Mobile Phone Industry's Compound Annual Growth Rate will be 10.8 % from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Refurbished And Used Mobile Phone market size was USD 53.81 Billion in 2022 and it is forecasted to reach USD 120.96 Billion by 2030. Refurbished And Used Mobile Phone Industry's Compound Annual Growth Rate will be 10.8 % from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Refurbished And Used Mobile Phone Market Sales Revenue | 121212 | 121212 | 121212 | 10.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by Application |
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Market Split by Price Range |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Refurbished And Used Mobile Phone Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The refurbished phone is a pre-owned handset, which has been restored and returned to good working order resold. Some retailers and networks categorize refurbished phones as handsets, which are returned by users and changed users’ minds into a 30-day cooling-off period after signing the contract.
Driver for Refurbished And Used Mobile Phone
Growing environmental awareness and sustainability initiatives drives the market growth
Consumer attitudes and business tactics are being influenced by an expanding emphasis on the environment and sustainability. Electronic waste is increasingly becoming a worldwide cause for concern with millions of tons of used electronics piling up every year. Upcycling and trading in used smartphones reduce electronic waste by extending the life cycle of gadget, conserving precious natural resources like rare earth metals used to produce new phones. Consumers today are more conscious of the environment and prefer sustainable consumption practices, like buying used electronics. Many companies and retailers are benefiting from this by marketing the environmental benefits of choosing reconditioned products. Additionally, governments and institutions are encouraging sustainable behavior through e-waste regulations, certifications, and green labeling for reconditioned electronics. This program is in accordance with the social responsibility goals of companies and urges consumers to purchase second-hand electronics.
Restraints Refurbished and Used Mobile Phones Market
Shortage of the top mobile phone models in the market may hamper the growth of the refurbished and used mobile phone market. In addition, the limitation of the used smartphone warranty period is anticipated to restrict the growth of the refurbished and used mobile phones market in the forecast period.
Opportunity for Refurbished And Used Mobile Phone
Technological maturity and slower innovation Cycles will propel the growth of refurbished and used mobile phone market
The consistent evolution of smartphone technology also supports the refurbished and used phones market expansion. Within recent years, the advancements in smartphones have levelled out, with new releases only offering incremental advancements over previous versions. This has led consumers to retain their phones for a longer time and consider buying pre-owned phones that remain technologically current. For example, a two- or three-year-old iPhone or best-of-breed Android device will still be able to run most apps and receive software updates. So many consumers are willing to purchase these older models at a fraction of their original price. This is particularly common among people who prioritize usefulness over keeping current with the latest features. Additionally, advancements in renovation technology have escalated the quality of pre-owned handsets. Advanced refurbishment processes ensure that phones are thoroughly inspected, repaired, and sold in as good condition as new. This raises buyers' confidence in the durability of a refurbished phone, which triggers further demand for such handsets.
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In 2025, the global trade landscape has shifted dramatically following the U.S. introduction of sweeping tariffs under President Donald Trump’s administration. These "Liberation Day Tariffs," launched in April, aim to reduce trade deficits and boost domestic manufacturing. Tariffs range from 10% on imports from countries like the UK and Australia to 46% on Vietnamese goods, with a blanket 34% tariff on many Chinese imports and 25% on all steel, aluminum, and auto parts. This policy heavily impacts the consumer goods sector apparel, appliances, packaged foods, and personal care products due to their deep reliance on global supply chains, especially in Asia. U.S.–China trade tensions have intensified, with reciprocal tariffs reaching up to 145% on U.S. goods and 125% on Chinese exports, while China’s trade surplus with the U.S. hit USD 102.6 billion in March 2025. In response, the EU and Canada have implemented retaliatory measures, signaling a broader shift toward protectionism.
The consumer goods industry is feeling immediate effects: production costs are rising, sourcing is delayed, and inflation pressures are mounting. Apparel and footwear now face 25% tariffs, prompting brands to seek nearshoring options or raise prices. Household appliances incur 20% tariffs, complicating inventory and procurement strategies. Packaged foods and beverages are hit with 10–15% tariffs, impacting contracts and leading to supplier diversification and product reformulation. Personal care firms face higher costs for imported ingredients and packaging, leading to local sourcing efforts and delays in new product launches. Meanwhile, electronics, though temporarily exempt, are preparing for possible disruptions by diversifying suppliers and increasing inventories.
China remains the backbone of U.S. consumer goods sourcing, accounting for a large portion of imports either directly or through upstream components. This makes tariffs on Chinese goods especially disruptive. The rising input costs 15–30% in many categories combined with seasonal pressures and tight timelines, are causing delays and increased costs. Smaller brands, in particular, are struggling due to limited capital and reduced supplier leverage. Many are being forced to increase prices, cut product variety, or compromise on quality.
Market research is now critical to navigating this volatile environment. It supports supplier mapping and risk assessment, helping brands identify alternative sourcing countries with stable regulations and quality control. It also aids in cost and margin analysis, guiding decisions on pricing and sourcing changes. Optimization of product design and materials through research allows companies to reduce costs while maintaining consumer expectations. Additionally, research helps assess consumer price sensitivity, enabling strategic repositioning. Tracking regulatory changes and running scenario planning models allow firms to anticipate and adapt to future trade shifts.
To cope, companies are restructuring their global sourcing models. Major brands like Nike and IKEA are expanding operations in Vietnam, India, and Mexico, while embracing “in-market for market” strategies to reduce exposure to tariffs and logistics risks. Many are adopting AI-driven demand forecasting and automated procurement, and pushing suppliers for transparency. Product redesign and SKU rationalization are also common. The most successful firms are those using data-driven insights, operational flexibility, and strategic supplier partnerships to adapt not just survive in this new era of global trade.
Phixman has announced an exclusive partnership with Detel to sell refurbished phones
In May 2022, Phixman has entered into an exclusive partnership with Detel in order to provide refurbished smartphones, which include accessories for a less price and a warranty. This is planned to offer services across all centers all over India for a reasonable price.
Top Companies Market Share in Refurbished And Used Mobile Phone Industry: (In no particular order of Rank)
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Asia-Pacific has the largest revenue share in the refurbished and used mobile phone market. This is owing to increasing e-Commerce platforms in the region. In addition, logistical services advancement and simplicity of payment alternatives like pay later buy now services are anticipated to fuel the growth of the market in the region.
The current report Scope analyzes Refurbished And Used Mobile Phone Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Refurbished And Used Mobile Phone Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Refurbished And Used Mobile Phone Industry growth. Refurbished And Used Mobile Phone market has been segmented with the help of its Type, Application Price Range, and others. Refurbished And Used Mobile Phone market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the used phone segment has the largest revenue share in the refurbished and used mobile phone market. This is due to the increasing number of second-hand device specialists and the number of retail shops. In addition, the practice of selling used smartphones adoption due to increasing profit margins is projected to drive the growth of this segment.
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Based on application, the individual segment has the major revenue share in the refurbished and used mobile phone market. This is attributed to the increasing demand for refurbished and used mobile phones among individuals due to increasing disposable income and awareness about innovative products in the market. This is expected to boost the demand for this segment in the target market.
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Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Refurbished And Used Mobile Phone Market is witnessing significant growth in the near future.
In 2023, the Used Phone segment accounted for noticeable share of global Refurbished And Used Mobile Phone Market and is projected to experience significant growth in the near future.
The Businesses segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Apple Inc., Lenovo Group Limited and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Used Phone, Refurbished Phone |
Application | Businesses, Individual |
Price Range | Low Price, Mid Price, Premium |
Distribution Channel | Online Store, Offline Store |
List of Competitors | Apple Inc., Samsung Electronics., Lenovo Group Limited, Amazon, Redeem UK Ltd., Reboot, FoneGiant.com, Synergy Telecom Inc., NIPPON TELEPHONE INC., Verizon Communications Inc., togofogo, Hutchison 3G UK Limited, BestBuy.com LLC, AT&T Inc., Green Dust Pvt. Ltd., Kempf Enterprises Ltd |
This chapter will help you gain GLOBAL Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review Global Refurbished And Used Mobile Phone Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review North America Refurbished And Used Mobile Phone Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review Europe Refurbished And Used Mobile Phone Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review Asia Pacific Refurbished And Used Mobile Phone Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review South America Refurbished And Used Mobile Phone Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review Middle East Refurbished And Used Mobile Phone Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review Middle East Refurbished And Used Mobile Phone Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Refurbished And Used Mobile Phone. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Price Range Analysis 2021 - 2033
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Chapter 13 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Refurbished And Used Mobile Phone market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Used Phone have a significant impact on Refurbished And Used Mobile Phone market? |
What are the key factors affecting the Used Phone and Refurbished Phone of Refurbished And Used Mobile Phone Market? |
What is the CAGR/Growth Rate of Businesses during the forecast period? |
By type, which segment accounted for largest share of the global Refurbished And Used Mobile Phone Market? |
Which region is expected to dominate the global Refurbished And Used Mobile Phone Market within the forecast period? |
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