Global Refurbished Smartphone Market 2024-2028

Global Refurbished Smartphone Market 2024-2028


The refurbished smartphone market is forecasted to grow by USD 55.06 bn during 2023-2028, accelerating at a CAGR of 13.73% during the forecast period. The report on the refurbished smartphone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing focus on circular economy and sustainability in the electronics industry, growth in the smartphone repair industry, and increased product launches to accelerate market growth.

Technavio's refurbished smartphone market is segmented as below:

By OS
  • Android
  • iOS
By Price Range
  • Low-priced
  • Medium-priced
  • Premium
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the growing number of online platforms dealing in refurbished smartphones as one of the prime reasons driving the refurbished smartphone market growth during the next few years. Also, rising demand from developing countries and the integration of advanced features in refurbished smartphones will lead to sizable demand in the market.

The report on the refurbished smartphone market covers the following areas:
  • Refurbished smartphone market sizing
  • Refurbished smartphone market forecast
  • Refurbished smartphone market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading refurbished smartphone market vendors that include Alibaba Group Holding Ltd., Amazon.com Inc., Apple Inc., AT and T Inc., Back Market, Best Buy Co. Inc., Clues Network Pvt. Ltd., eBay Inc., Gadgetwood E Services Pvt. Ltd., HOMES SOLUTION LTD., Manak Waste Management Pvt. Ltd., Qarmatek Services Pvt. Ltd., Quikr India Pvt. Ltd., Reboxed Ltd., Samsung Electronics Co. Ltd., Smart Cellular, Swappie Oy, TROCAFONE SA, Verizon Communications Inc., and Walmart Inc.. Also, the refurbished smartphone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by OS
      • Table Executive Summary – Chart on Market Segmentation by Price Range
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global refurbished smartphone market 2018 - 2022
      • Table Historic Market Size – Data Table on global refurbished smartphone market 2018 – 2022 ($ million)
    • OS Segment Analysis 2018 - 2022
      • Table Historic Market Size – OS Segment 2018 - 2022 ($ million)
    • Price range Segment Analysis 2018 - 2022
      • Table Historic Market Size – Price range Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by OS
    • Market segments
      • Table Chart on OS - Market share 2023-2028 (%)
      • Table Data Table on OS - Market share 2023-2028 (%)
    • Comparison by OS
      • Table Chart on Comparison by OS
      • Table Data Table on Comparison by OS
    • Android - Market size and forecast 2023-2028
      • Table Chart on Android - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Android - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Android - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Android - Year-over-year growth 2023-2028 (%)
    • iOS - Market size and forecast 2023-2028
      • Table Chart on iOS - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on iOS - Market size and forecast 2023-2028 ($ million)
      • Table Chart on iOS - Year-over-year growth 2023-2028 (%)
      • Table Data Table on iOS - Year-over-year growth 2023-2028 (%)
    • Market opportunity by OS
      • Table Market opportunity by OS ($ million)
      • Table Data Table on Market opportunity by OS ($ million)
  • Market Segmentation by Price Range
    • Market segments
      • Table Chart on Price Range - Market share 2023-2028 (%)
      • Table Data Table on Price Range - Market share 2023-2028 (%)
    • Comparison by Price Range
      • Table Chart on Comparison by Price Range
      • Table Data Table on Comparison by Price Range
    • Low-priced - Market size and forecast 2023-2028
      • Table Chart on Low-priced - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Low-priced - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Low-priced - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Low-priced - Year-over-year growth 2023-2028 (%)
    • Medium-priced - Market size and forecast 2023-2028
      • Table Chart on Medium-priced - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Medium-priced - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Medium-priced - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Medium-priced - Year-over-year growth 2023-2028 (%)
    • Premium - Market size and forecast 2023-2028
      • Table Chart on Premium - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Premium - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Premium - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Premium - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Price Range
      • Table Market opportunity by Price Range ($ million)
      • Table Data Table on Market opportunity by Price Range ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing focus on circular economy and sustainability in electronics industry
      • Growth in smartphone repair industry
      • Increased product launch to accelerate market growth
    • Market challenges
      • Easy availability of smartphones on e-commerce
      • Trust issues associated with refurbished smartphone
      • Increasing competition from unorganized sector
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing number of online platforms dealing in refurbished smartphone
      • Rising demand from developing countries
      • Integration of advanced features in refurbished smartphones
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Amazon.com Inc.
      • Table Amazon.com Inc. - Overview
      • Table Amazon.com Inc. - Business segments
      • Table Amazon.com Inc. - Key news
      • Table Amazon.com Inc. - Key offerings
      • Table Amazon.com Inc. - Segment focus
    • Apple Inc.
      • Table Apple Inc. - Overview
      • Table Apple Inc. - Business segments
      • Table Apple Inc. - Key news
      • Table Apple Inc. - Key offerings
      • Table Apple Inc. - Segment focus
    • AT and T Inc.
      • Table AT and T Inc. - Overview
      • Table AT and T Inc. - Business segments
      • Table AT and T Inc. - Key news
      • Table AT and T Inc. - Key offerings
      • Table AT and T Inc. - Segment focus
    • Back Market
      • Table Back Market - Overview
      • Table Back Market - Product / Service
      • Table Back Market - Key offerings
    • Best Buy Co. Inc.
      • Table Best Buy Co. Inc. - Overview
      • Table Best Buy Co. Inc. - Business segments
      • Table Best Buy Co. Inc. - Key offerings
      • Table Best Buy Co. Inc. - Segment focus
    • Gadgetwood E Services Pvt. Ltd.
      • Table Gadgetwood E Services Pvt. Ltd. - Overview
      • Table Gadgetwood E Services Pvt. Ltd. - Product / Service
      • Table Gadgetwood E Services Pvt. Ltd. - Key offerings
    • HOMES SOLUTION LTD.
      • Table HOMES SOLUTION LTD. - Overview
      • Table HOMES SOLUTION LTD. - Product / Service
      • Table HOMES SOLUTION LTD. - Key offerings
    • Manak Waste Management Pvt. Ltd.
      • Table Manak Waste Management Pvt. Ltd. - Overview
      • Table Manak Waste Management Pvt. Ltd. - Product / Service
      • Table Manak Waste Management Pvt. Ltd. - Key offerings
    • Qarmatek Services Pvt. Ltd.
      • Table Qarmatek Services Pvt. Ltd. - Overview
      • Table Qarmatek Services Pvt. Ltd. - Product / Service
      • Table Qarmatek Services Pvt. Ltd. - Key offerings
    • Quikr India Pvt. Ltd.
      • Table Quikr India Pvt. Ltd. - Overview
      • Table Quikr India Pvt. Ltd. - Product / Service
      • Table Quikr India Pvt. Ltd. - Key offerings
    • Reboxed Ltd.
      • Table Reboxed Ltd. - Overview
      • Table Reboxed Ltd. - Product / Service
      • Table Reboxed Ltd. - Key offerings
    • Samsung Electronics Co. Ltd.
      • Table Samsung Electronics Co. Ltd. - Overview
      • Table Samsung Electronics Co. Ltd. - Business segments
      • Table Samsung Electronics Co. Ltd. - Key news
      • Table Samsung Electronics Co. Ltd. - Key offerings
      • Table Samsung Electronics Co. Ltd. - Segment focus
    • Smart Cellular
      • Table Smart Cellular - Overview
      • Table Smart Cellular - Product / Service
      • Table Smart Cellular - Key offerings
    • Verizon Communications Inc.
      • Table Verizon Communications Inc. - Overview
      • Table Verizon Communications Inc. - Business segments
      • Table Verizon Communications Inc. - Key offerings
      • Table Verizon Communications Inc. - Segment focus
    • Walmart Inc.
      • Table Walmart Inc. - Overview
      • Table Walmart Inc. - Business segments
      • Table Walmart Inc. - Key offerings
      • Table Walmart Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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