Global Refurbished and Used Mobile Phones
Market Report
2025
Refurbished and Used Mobile Phones Market size was valued at USD 53.81 Billion in 2022 and is expected to grow at a CAGR Of 10.8 % during the forecast period, reaching USD 120.96 Billion by 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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The Refurbished and Used Mobile Phones Market size was valued at USD 53.81 Billion in 2022 and is expected to grow at a CAGR Of 10.8 % during the forecast period, reaching USD 120.96 Billion by 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Refurbished and Used Mobile Phones Market Sales Revenue | $ 51.69 Billion | 121212 | 121212 | 11.11% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by Price Range |
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Market Split by Sales 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 Trends:
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Refurbished and Used Mobile Phones 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.
The increasing prices of new flagship smartphones are making them unaffordable for a large portion of the global population, especially in developing countries. As a result, consumers are turning to refurbished and used devices as a cost-effective alternative. This affordability factor is a major driver, encouraging budget-conscious buyers to opt for high-end models at a reduced price.
Consumers are becoming more environmentally conscious, and many are choosing refurbished phones as a way to reduce electronic waste. Refurbished and reused phones promote sustainability by extending the life cycle of electronic devices, aligning with eco-friendly values and global initiatives on circular economy.
Despite growing interest, many consumers remain hesitant about buying used phones due to doubts about product reliability, potential hidden defects, and shorter warranty coverage compared to new devices. This perception gap hinders mass adoption in certain markets.
High-end, recently launched models are not always readily available in the refurbished market due to slower return cycles. This restricts consumer choice, especially for buyers specifically seeking newer flagship devices at a lower cost.
The refurbishment process has evolved significantly with the adoption of automated diagnostic tools, AI-based quality checks, and standardization protocols. These innovations are improving product quality, reducing defects, and increasing consumer trust in the refurbished segment.
There is a clear shift toward buying refurbished phones from online platforms and manufacturer-certified resellers. These channels offer better transparency, return policies, and warranties—boosting consumer confidence and expanding the reach of refurbished phones globally.
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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 Phones Industry: (In no particular order of Rank)
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Asia-Pacific accounted for the largest share of the refurbished and used mobile phone market
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 Phones 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 Phones 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 Phones Industry growth. Refurbished and Used Mobile Phones market has been segmented with the help of its Type, Application Price Range, and others. Refurbished and Used Mobile Phones 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.
By Type:
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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By Application:
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.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Summary:
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 | Refurbished Phone, Used Phone |
Application | Individual, Businesses |
Price Range | Low-priced, Mid-priced, Premium |
Sales Channel | Online/ e-Commerce Sales, Physical Retail Stores |
List of Competitors | Amazon.com Inc., Paytm, cashify, Huawei Technologies Co. Ltd., eBay, AT&T Inc., Walmart, Apple Inc., Samsung Electronics Co Ltd, Verizon Communications Inc. |
This chapter will help you gain GLOBAL Market Analysis of Refurbished and Used Mobile Phones. Further deep in this chapter, you will be able to review Global Refurbished and Used Mobile Phones 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 Phones. Further deep in this chapter, you will be able to review North America Refurbished and Used Mobile Phones 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 Phones. Further deep in this chapter, you will be able to review Europe Refurbished and Used Mobile Phones 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 Phones. Further deep in this chapter, you will be able to review Asia Pacific Refurbished and Used Mobile Phones 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 Phones. Further deep in this chapter, you will be able to review South America Refurbished and Used Mobile Phones 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 Phones. Further deep in this chapter, you will be able to review Middle East Refurbished and Used Mobile Phones 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 Phones. Further deep in this chapter, you will be able to review Middle East Refurbished and Used Mobile Phones 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 Phones. 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.
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
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 11 Market Split by Application Analysis 2021 - 2033
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 12 Market Split by Price Range Analysis 2021 - 2033
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 13 Market Split by Sales Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Refurbished and Used Mobile Phones 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 Refurbished Phone have a significant impact on Refurbished and Used Mobile Phones market? |
What are the key factors affecting the Refurbished Phone and Used Phone of Refurbished and Used Mobile Phones Market? |
What is the CAGR/Growth Rate of Individual during the forecast period? |
By type, which segment accounted for largest share of the global Refurbished and Used Mobile Phones Market? |
Which region is expected to dominate the global Refurbished and Used Mobile Phones Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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