Refurbished and Used Mobile Phones Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

A recent report by Persistence Market Research provides a comprehensive analysis of the global refurbished and used mobile phones market. This detailed report examines critical market dynamics, including drivers, trends, opportunities, and challenges, and offers a thorough evaluation of the market structure.

Key Insights:

Refurbished and Used Mobile Phones Market Size (2024E): USD 63111.1 Mn
Projected Market Value (2033F): USD 172092.5 Mn
Global Market Growth Rate (CAGR 2024-2033): 11.80%

Refurbished and Used Mobile Phones Market - Report Scope:

The refurbished and used mobile phones market encompasses a wide range of devices that have been previously owned, repaired, and restored to a like-new condition. This market caters to cost-conscious consumers and businesses looking for affordable alternatives to new phones. Growth is fueled by the increasing adoption of refurbished devices due to their cost-effectiveness and environmental benefits, as well as advancements in refurbishment technologies.

Market Growth Drivers:

Several key factors drive the growth of the global refurbished and used mobile phones market. The rising consumer demand for affordable yet high-quality mobile devices is a primary driver. Additionally, the increasing awareness of environmental sustainability and the desire to reduce electronic waste contribute to the market's expansion. Technological advancements in refurbishment processes, coupled with the growing acceptance of refurbished devices among consumers, further boost market growth.

Market Restraints:

Despite the positive outlook, the refurbished and used mobile phones market faces several challenges. Concerns about device reliability and warranty issues may deter some consumers. Additionally, the perception of refurbished phones as less desirable compared to new models can impact market growth. Regulatory hurdles and varying standards for refurbishment across different regions also pose challenges for market development.

Market Opportunities:

The refurbished and used mobile phones market offers significant growth opportunities driven by technological innovations and changing consumer preferences. The development of advanced refurbishment techniques and quality assurance processes enhances the appeal of refurbished devices. Additionally, increasing demand for affordable smartphones in emerging markets presents new opportunities for market players. Strategic partnerships, investments in refurbishment technology, and targeted marketing efforts can help companies capitalize on these opportunities and expand their market presence.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the refurbished and used mobile phones market globally?
Which consumer segments are driving the adoption of refurbished and used mobile phones?
How are technological advancements impacting the refurbishment processes and market dynamics?
Who are the key players in the refurbished and used mobile phones market, and what strategies are they employing to gain a competitive edge?
What are the emerging trends and future prospects for the global refurbished and used mobile phones market?

Competitive Intelligence and Business Strategy:

Leading players in the global refurbished and used mobile phones market, such as Apple, Samsung, and Lenovo, focus on product quality, customer service, and strategic partnerships to maintain their market position. These companies invest in advanced refurbishment technologies and robust quality control measures to ensure customer satisfaction. Collaborations with retailers and online marketplaces enhance market reach and facilitate the adoption of refurbished devices. Emphasis on sustainability and cost-effectiveness further strengthens market positioning.

Key Companies Profiled:

Apple Inc.
Samsung
Lenovo
Huawei
Xiaomi
Yaantra
Cashify
Walmart
Amazon
eBay
Paytm
Mobiru India Private Limited
Alibaba

Key Segments of Refurbished and Used Mobile Phones Market Research

By Type:

Refurbished Phones
Used Phones

By Pricing Range:

Low-priced Refurbished and Used Mobile Phones (Less than $200)
Mid-Priced Refurbished and Used Mobile Phones ($200-$500)
Premium Refurbished and Used Mobile Phones (More than $500)

By Sales Channel:

Online/ e-Commerce Sales of Refurbished and Used Mobile Phones
Refurbished and Used Mobile Phones Sold at Physical Retail Stores

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

Product Code: PMRREP16867

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Pricing Analysis

4.1. Pricing Analysis, By Refurbished and Used Mobile Phones
4.2. Average Pricing Analysis Benchmark

5. Global Refurbished and Used Mobile Phones Market Demand (Value in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
5.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 5.2.1. Y-o-Y Growth Trend Analysis
- 5.2.2. Absolute $ Opportunity Analysis

6. Market Background

6.1. Macro-Economic Factors
6.2. Forecast Factors - Relevance & Impact
6.3. Value Chain
6.4. COVID-19 Crisis - Impact Assessment
- 6.4.1. Current Statistics
- 6.4.2. Short-Mid-Long Term Outlook
- 6.4.3. Likely Rebound
6.5. Market Dynamics
- 6.5.1. Drivers
- 6.5.2. Restraints
- 6.5.3. Opportunities

7. Global Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033, by Type

7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) Analysis By Type, 2019-2023
7.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2024-2033
- 7.3.1. Refurbished Phones
  - 7.3.1.1. Company-owned
  - 7.3.1.2. Consumer-owned
- 7.3.2. Used Phones
  - 7.3.2.1. Trade-ins
  - 7.3.2.2. Buybacks
7.4. Market Attractiveness Analysis By Type

8. Global Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033, by Pricing Range

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis By Pricing Range, 2019-2023
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Pricing Range, 2024-2033
- 8.3.1. Low-priced Refurbished and Used Mobile Phones (Less than $200)
- 8.3.2. Mid-Priced Refurbished and Used Mobile Phones ($200-$500)
- 8.3.3. Premium Refurbished and Used Mobile Phones (More than $500)
8.4. Market Attractiveness Analysis By Pricing Range

9. Global Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033, by Sales Channel

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By Sales Channel, 2019-2023
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Sales Channel, 2024-2033
- 9.3.1. Online/ e-Commerce Sales of Refurbished and Used Mobile Phones
- 9.3.2. Refurbished and Used Mobile Phones Sold at Physical Retail Stores
9.4. Market Attractiveness Analysis By Sales Channel

10. Global Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033, by Region

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) Analysis By Region, 2019-2023
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Region, 2024-2033
- 10.3.1. North America
- 10.3.2. Latin America
- 10.3.3. Europe
- 10.3.4. East Asia
- 10.3.5. South Asia Pacific
- 10.3.6. Middle East and Africa
10.4. Market Attractiveness Analysis By Region

11. North America Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

11.1. Introduction
11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
11.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 11.3.1. By Type
- 11.3.2. By Pricing Range
- 11.3.3. By Sales Channel
- 11.3.4. By Country
  - 11.3.4.1. U.S.
  - 11.3.4.2. Canada
11.4. Market Attractiveness Analysis
- 11.4.1. By Type
- 11.4.2. By Pricing Range
- 11.4.3. By Sales Channel
- 11.4.4. By Country

12. Latin America Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
12.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Type
- 12.3.2. By Pricing Range
- 12.3.3. By Sales Channel
- 12.3.4. By Country
  - 12.3.4.1. Brazil
  - 12.3.4.2. Mexico
  - 12.3.4.3. Rest of Latin America
12.4. Market Attractiveness Analysis
- 12.4.1. By Type
- 12.4.2. By Pricing Range
- 12.4.3. By Sales Channel
- 12.4.4. By Country

13. Europe Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
13.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Type
- 13.3.2. By Pricing Range
- 13.3.3. By Sales Channel
- 13.3.4. By Country
  - 13.3.4.1. Germany
  - 13.3.4.2. Italy
  - 13.3.4.3. France
  - 13.3.4.4. U.K.
  - 13.3.4.5. Spain
  - 13.3.4.6. BENELUX
  - 13.3.4.7. Russia
  - 13.3.4.8. Rest of Europe
13.4. Market Attractiveness Analysis
- 13.4.1. By Type
- 13.4.2. By Pricing Range
- 13.4.3. By Sales Channel
- 13.4.4. By Country

14. South Asia & Pacific Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
14.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Type
- 14.3.2. By Pricing Range
- 14.3.3. By Sales Channel
- 14.3.4. By Country
  - 14.3.4.1. India
  - 14.3.4.2. Indonesia
  - 14.3.4.3. Malaysia
  - 14.3.4.4. Singapore
  - 14.3.4.5. Australia & New Zealand
  - 14.3.4.6. Rest of South Asia and Pacific
14.4. Market Attractiveness Analysis
- 14.4.1. By Type
- 14.4.2. By Pricing Range
- 14.4.3. By Sales Channel
- 14.4.4. By Country

15. East Asia Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
15.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Type
- 15.3.2. By Pricing Range
- 15.3.3. By Sales Channel
- 15.3.4. By Country
  - 15.3.4.1. China
  - 15.3.4.2. Japan
  - 15.3.4.3. South Korea
15.4. Market Attractiveness Analysis
- 15.4.1. By Type
- 15.4.2. By Pricing Range
- 15.4.3. By Sales Channel
- 15.4.4. By Country

16. Middle East and Africa Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
16.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Type
- 16.3.2. By Pricing Range
- 16.3.3. By Sales Channel
- 16.3.4. By Country
  - 16.3.4.1. GCC Countries
  - 16.3.4.2. Turkey
  - 16.3.4.3. South Africa
  - 16.3.4.4. Rest of Middle East and Africa
16.4. Market Attractiveness Analysis
- 16.4.1. By Type
- 16.4.2. By Pricing Range
- 16.4.3. By Sales Channel
- 16.4.4. By Country

17. Key Countries Analysis- Refurbished and Used Mobile Phones Market

17.1. U.S. Refurbished and Used Mobile Phones Market Analysis
- 17.1.1. By Type
- 17.1.2. By Pricing Range
- 17.1.3. By Sales Channel
17.2. Canada Refurbished and Used Mobile Phones Market Analysis
- 17.2.1. By Type
- 17.2.2. By Pricing Range
- 17.2.3. By Sales Channel
17.3. Mexico Refurbished and Used Mobile Phones Market Analysis
- 17.3.1. By Type
- 17.3.2. By Pricing Range
- 17.3.3. By Sales Channel
17.4. Brazil Refurbished and Used Mobile Phones Market Analysis
- 17.4.1. By Type
- 17.4.2. By Pricing Range
- 17.4.3. By Sales Channel
17.5. Germany Refurbished and Used Mobile Phones Market Analysis
- 17.5.1. By Type
- 17.5.2. By Pricing Range
- 17.5.3. By Sales Channel
17.6. Italy Refurbished and Used Mobile Phones Market Analysis
- 17.6.1. By Type
- 17.6.2. By Pricing Range
- 17.6.3. By Sales Channel
17.7. France Refurbished and Used Mobile Phones Market Analysis
- 17.7.1. By Type
- 17.7.2. By Pricing Range
- 17.7.3. By Sales Channel
17.8. U.K. Refurbished and Used Mobile Phones Market Analysis
- 17.8.1. By Type
- 17.8.2. By Pricing Range
- 17.8.3. By Sales Channel
17.9. Spain Refurbished and Used Mobile Phones Market Analysis
- 17.9.1. By Type
- 17.9.2. By Pricing Range
- 17.9.3. By Sales Channel
17.10. BENELUX Refurbished and Used Mobile Phones Market Analysis
- 17.10.1. By Type
- 17.10.2. By Pricing Range
- 17.10.3. By Sales Channel
17.11. Russia Refurbished and Used Mobile Phones Market Analysis
- 17.11.1. By Type
- 17.11.2. By Pricing Range
- 17.11.3. By Sales Channel
17.12. Rest of Europe Refurbished and Used Mobile Phones Market Analysis
- 17.12.1. By Type
- 17.12.2. By Pricing Range
- 17.12.3. By Sales Channel
17.13. China Refurbished and Used Mobile Phones Market Analysis
- 17.13.1. By Type
- 17.13.2. By Pricing Range
- 17.13.3. By Sales Channel
17.14. Japan Refurbished and Used Mobile Phones Market Analysis
- 17.14.1. By Type
- 17.14.2. By Pricing Range
- 17.14.3. By Sales Channel
17.15. South Korea Refurbished and Used Mobile Phones Market Analysis
- 17.15.1. By Type
- 17.15.2. By Pricing Range
- 17.15.3. By Sales Channel
17.16. India Refurbished and Used Mobile Phones Market Analysis
- 17.16.1. By Type
- 17.16.2. By Pricing Range
- 17.16.3. By Sales Channel
17.17. Malaysia Refurbished and Used Mobile Phones Market Analysis
- 17.17.1. By Type
- 17.17.2. By Pricing Range
- 17.17.3. By Sales Channel
17.18. Indonesia Refurbished and Used Mobile Phones Market Analysis
- 17.18.1. By Type
- 17.18.2. By Pricing Range
- 17.18.3. By Sales Channel
17.19. Singapore Refurbished and Used Mobile Phones Market Analysis
- 17.19.1. By Type
- 17.19.2. By Pricing Range
- 17.19.3. By Sales Channel
17.20. Australia and New Zealand Refurbished and Used Mobile Phones Market Analysis
- 17.20.1. By Type
- 17.20.2. By Pricing Range
- 17.20.3. By Sales Channel
17.21. GCC Countries Refurbished and Used Mobile Phones Market Analysis
- 17.21.1. By Type
- 17.21.2. By Pricing Range
- 17.21.3. By Sales Channel
17.22. Turkey Refurbished and Used Mobile Phones Market Analysis
- 17.22.1. By Type
- 17.22.2. By Pricing Range
- 17.22.3. By Sales Channel
17.23. South Africa Refurbished and Used Mobile Phones Market Analysis
- 17.23.1. By Type
- 17.23.2. By Pricing Range
- 17.23.3. By Sales Channel
17.24. Rest of Middle East and Africa Refurbished and Used Mobile Phones Market Analysis
- 17.24.1. By Type
- 17.24.2. By Pricing Range
- 17.24.3. By Sales Channel

18. Market Structure Analysis

18.1. Market Analysis by Tier of Companies
18.2. Market Share Analysis of Top Players
18.3. Market Presence Analysis

19. Competition Analysis

19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Competition Deep Dive
- 19.3.1. Apple Inc.
  - 19.3.1.1. Business Overview
  - 19.3.1.2. Product Portfolio
  - 19.3.1.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.1.4. Key Strategy & Developments
- 19.3.2. Samsung
  - 19.3.2.1. Business Overview
  - 19.3.2.2. Product Portfolio
  - 19.3.2.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.2.4. Key Strategy & Developments
- 19.3.3. Lenovo
  - 19.3.3.1. Business Overview
  - 19.3.3.2. Product Portfolio
  - 19.3.3.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.3.4. Key Strategy & Developments
- 19.3.4. Huawei
  - 19.3.4.1. Business Overview
  - 19.3.4.2. Product Portfolio
  - 19.3.4.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.4.4. Key Strategy & Developments
- 19.3.5. Xiaomi
  - 19.3.5.1. Business Overview
  - 19.3.5.2. Product Portfolio
  - 19.3.5.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.5.4. Key Strategy & Developments
- 19.3.6. Yaantra
  - 19.3.6.1. Business Overview
  - 19.3.6.2. Product Portfolio
  - 19.3.6.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.6.4. Key Strategy & Developments
- 19.3.7. Cashify
  - 19.3.7.1. Business Overview
  - 19.3.7.2. Product Portfolio
  - 19.3.7.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.7.4. Key Strategy & Developments
- 19.3.8. Walmart
  - 19.3.8.1. Business Overview
  - 19.3.8.2. Product Portfolio
  - 19.3.8.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.8.4. Key Strategy & Developments
- 19.3.9. Amazon
  - 19.3.9.1. Business Overview
  - 19.3.9.2. Product Portfolio
  - 19.3.9.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.9.4. Key Strategy & Developments
- 19.3.10. eBay
  - 19.3.10.1. Business Overview
  - 19.3.10.2. Product Portfolio
  - 19.3.10.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.10.4. Key Strategy & Developments
- 19.3.11. Paytm
  - 19.3.11.1. Business Overview
  - 19.3.11.2. Product Portfolio
  - 19.3.11.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.11.4. Key Strategy & Developments
- 19.3.12. Mobiru India Private Limited
  - 19.3.12.1. Business Overview
  - 19.3.12.2. Product Portfolio
  - 19.3.12.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.12.4. Key Strategy & Developments
- 19.3.13. Alibaba
  - 19.3.13.1. Business Overview
  - 19.3.13.2. Product Portfolio
  - 19.3.13.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.13.4. Key Strategy & Developments
- 19.3.14. Chinarephone.com
  - 19.3.14.1. Business Overview
  - 19.3.14.2. Product Portfolio
  - 19.3.14.3. Profitability by Market Segments (Business Segments/Region)
  - 19.3.14.4. Key Strategy & Developments