Europe Refurbished and Used Mobile Phones Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently published a detailed report on the Europe Refurbished and Used Mobile Phones Market. This report provides an in-depth analysis of key market dynamics, including drivers, trends, opportunities, and challenges, offering valuable insights into the market structure.

Key Insights:

Europe Refurbished and Used Mobile Phones Market Size (2024E): USD 18.137 Bn
Projected Market Value (2033F): USD 41.3866 Bn
Global Market Growth Rate (CAGR 2024-2033): 9.60%

Refurbished and Used Mobile Phones Market - Report Scope:

The market for refurbished and used mobile phones in Europe is experiencing significant growth as consumers and businesses seek cost-effective alternatives to new devices. This market encompasses the refurbishment, resale, and usage of mobile phones that have been previously owned but are restored to a high standard of functionality and appearance. The growth is driven by increasing environmental awareness, the rising cost of new smartphones, and the demand for affordable mobile communication solutions.

Market Growth Drivers:

Several key factors are driving the growth of the refurbished and used mobile phones market in Europe. The increasing awareness of environmental sustainability and the need to reduce electronic waste is pushing consumers and businesses towards refurbished devices. The growing cost of new smartphones and the high value retention of refurbished phones are also contributing to market expansion. Additionally, advancements in refurbishment technology and processes have enhanced the quality and reliability of used mobile phones, further boosting consumer confidence.

Market Restraints:

Despite robust growth, the market for refurbished and used mobile phones faces certain challenges. Concerns about the reliability and longevity of refurbished devices, coupled with varying standards of refurbishment, can impact consumer trust. Regulatory challenges and differences in quality assurance standards across countries may also pose barriers. Additionally, competition from manufacturers of new smartphones offering trade-in programs could limit the market share of refurbished devices.

Market Opportunities:

The European market for refurbished and used mobile phones presents significant opportunities for growth. Technological advancements in refurbishment processes and the increasing availability of high-quality refurbished devices are opening new avenues for market expansion. Strategic partnerships between refurbishment companies, mobile network operators, and retailers are fostering growth. Additionally, the rising demand for budget-friendly mobile solutions among consumers and businesses alike provides substantial growth potential.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the refurbished and used mobile phones market in Europe?
How is the refurbishment technology evolving to enhance the quality and reliability of used mobile phones?
What are the challenges and limitations associated with the refurbishment and resale of mobile phones?
Who are the key players in the European refurbished and used mobile phones market, and what strategies are they employing to remain competitive?
What are the emerging trends and future prospects in the European refurbished and used mobile phones market?

Competitive Intelligence and Business Strategy:

Leading players in the European refurbished and used mobile phones market, such as Back Market, Swappa, and Gazelle, are focusing on innovation, strategic partnerships, and quality improvements to maintain a competitive edge. These companies invest in advanced refurbishment technologies and processes to ensure high standards and reliability. Collaborations with network operators and retailers are enhancing market access and consumer reach. Addressing concerns related to device quality and implementing robust quality assurance measures are key strategies for strengthening market positioning and gaining consumer trust.

Key Companies Profiled:

Apple Inc.
Samsung
Google
Lenovo
Huawei
Xiaomi
Motorola
Nokia
Sony
OnePlus
LG
HTC

Key Segments of Europe Refurbished and Used Mobile Phones Industry Research

By Product Type:

Refurbished Phones
Used Phones

By Pricing Range:

Low-priced Brands (Less Than US$ 200)
Mid-priced Brands (US$ 200 to US$ 500)
Premium-priced Brands (More Than US$ 500)

By Sales Channel:

Online/e-Commerce
Physical Retail Stores
Organized Retailers
Unorganized Retailers

By Region:

Western Europe
Central & Eastern Europe

Product Code: PMRREP33423

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. Europe Refurbished and Used Mobile Phones Market Demand (Value in US$ Bn) Analysis 2019-2023 and forecast, 2024-2033

5.1. Historical Market Value (US$ Bn) Analysis, 2019-2023
5.2. Current and Future Market Value (US$ Bn) 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. Europe Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033, By Product Type

7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Bn) Analysis By Product Type, 2019-2023
7.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By Product Type, 2024-2033
- 7.3.1. Refurbished Phones
- 7.3.2. Used Phones
7.4. Market Attractiveness Analysis By Product Type

8. Europe 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$ Bn) Analysis By Pricing Range, 2019-2023
8.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By Pricing Range, 2024-2033
- 8.3.1. Low-Priced Brand (less than $200)
- 8.3.2. Mid-Priced Brand ($200-$500)
- 8.3.3. Premium Brand (More than $500
8.4. Market Attractiveness Analysis By Pricing Range

9. Europe 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$ Bn) Analysis By Sales Channel, 2019-2023
9.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By Sales Channel, 2024-2033
- 9.3.1. Online/ E-commerce
- 9.3.2. Physical Retail Stores
  - 9.3.2.1. Organized Retailers
  - 9.3.2.2. Unorganized Retailers
9.4. Market Attractiveness Analysis By Sales Channel

10. Europe 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$ Bn) Analysis by Region, 2019-2023
10.3. Current and Future Market Size (US$ Bn) Analysis and Forecast by Region, 2024-2033
- 10.3.1. Western Europe
- 10.3.2. Central and Eastern Europe
10.4. Market Attractiveness Analysis by Region

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

11.1. Introduction
11.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
11.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 11.3.1. By Product Type
- 11.3.2. By Pricing Range
- 11.3.3. By Sales Channel
- 11.3.4. By Country
  - 11.3.4.1. Germany
  - 11.3.4.2. Italy
  - 11.3.4.3. France
  - 11.3.4.4. U.K.
  - 11.3.4.5. Spain
  - 11.3.4.6. BENELUX
  - 11.3.4.7. Nordics
  - 11.3.4.8. Rest of Western Europe
11.4. Market Attractiveness Analysis
- 11.4.1. By Product Type
- 11.4.2. By Pricing Range
- 11.4.3. By Sales Channel
- 11.4.4. By Country

12. Central and Eastern Europe Refurbished and Used Mobile Phones Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
12.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Product Type
- 12.3.2. By Pricing Range
- 12.3.3. By Sales Channel
- 12.3.4. By Country
  - 12.3.4.1. Austria
  - 12.3.4.2. Switzerland
  - 12.3.4.3. Slovakia
  - 12.3.4.4. Poland
  - 12.3.4.5. Hungary
  - 12.3.4.6. Romania
  - 12.3.4.7. Czech Republic
  - 12.3.4.8. Rest of Central and Eastern Europe
12.4. Market Attractiveness Analysis
- 12.4.1. By Product Type
- 12.4.2. By Pricing Range
- 12.4.3. By Sales Channel
- 12.4.4. By Country

13. Key Countries Analysis- Europe Refurbished and Used Mobile Phones Market

13.1. Germany Refurbished and Used Mobile Phones Market Analysis
- 13.1.1. By Product Type
- 13.1.2. By Pricing Range
- 13.1.3. By Sales Channel
13.2. Italy Refurbished and Used Mobile Phones Market Analysis
- 13.2.1. By Product Type
- 13.2.2. By Pricing Range
- 13.2.3. By Sales Channel
13.3. France Refurbished and Used Mobile Phones Market Analysis
- 13.3.1. By Product Type
- 13.3.2. By Pricing Range
- 13.3.3. By Sales Channel
13.4. U.K. Refurbished and Used Mobile Phones Market Analysis
- 13.4.1. By Product Type
- 13.4.2. By Pricing Range
- 13.4.3. By Sales Channel
13.5. Spain Refurbished and Used Mobile Phones Market Analysis
- 13.5.1. By Product Type
- 13.5.2. By Pricing Range
- 13.5.3. By Sales Channel
13.6. Austria Refurbished and Used Mobile Phones Market Analysis
- 13.6.1. By Product Type
- 13.6.2. By Pricing Range
- 13.6.3. By Sales Channel
13.7. Switzerland Refurbished and Used Mobile Phones Market Analysis
- 13.7.1. By Product Type
- 13.7.2. By Pricing Range
- 13.7.3. By Sales Channel
13.8. Slovakia Refurbished and Used Mobile Phones Market Analysis
- 13.8.1. By Product Type
- 13.8.2. By Pricing Range
- 13.8.3. By Sales Channel
13.9. Poland Refurbished and Used Mobile Phones Market Analysis
- 13.9.1. By Product Type
- 13.9.2. By Pricing Range
- 13.9.3. By Sales Channel
13.10. Hungary Refurbished and Used Mobile Phones Market Analysis
- 13.10.1. By Product Type
- 13.10.2. By Pricing Range
- 13.10.3. By Sales Channel
13.11. Romania Refurbished and Used Mobile Phones Market Analysis
- 13.11.1. By Product Type
- 13.11.2. By Pricing Range
- 13.11.3. By Sales Channel
13.12. Czech Republic Refurbished and Used Mobile Phones Market Analysis
- 13.12.1. By Product Type
- 13.12.2. By Pricing Range
- 13.12.3. By Sales Channel
13.13. Market Attractiveness Analysis
- 13.13.1. By Product Type
- 13.13.2. By Pricing Range
- 13.13.3. By Sales Channel

14. Market Structure Analysis

14.1. Market Analysis by Tier of Companies
14.2. Market Share Analysis of Top Players
14.3. Market Presence Analysis

15. Competition Analysis

15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Competition Deep Dive
- 15.3.1. Apple Inc.
  - 15.3.1.1. Business Overview
  - 15.3.1.2. Product Portfolio
  - 15.3.1.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.1.4. Key Strategy & Developments
- 15.3.2. Samsung
  - 15.3.2.1. Business Overview
  - 15.3.2.2. Product Portfolio
  - 15.3.2.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.2.4. Key Strategy & Developments
- 15.3.3. Google
  - 15.3.3.1. Business Overview
  - 15.3.3.2. Product Portfolio
  - 15.3.3.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.3.4. Key Strategy & Developments
- 15.3.4. Lenovo
  - 15.3.4.1. Business Overview
  - 15.3.4.2. Product Portfolio
  - 15.3.4.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.4.4. Key Strategy & Developments
- 15.3.5. Huawei
  - 15.3.5.1. Business Overview
  - 15.3.5.2. Product Portfolio
  - 15.3.5.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.5.4. Key Strategy & Developments
- 15.3.6. Xiaomi
  - 15.3.6.1. Business Overview
  - 15.3.6.2. Product Portfolio
  - 15.3.6.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.6.4. Key Strategy & Developments
- 15.3.7. Motorola
  - 15.3.7.1. Business Overview
  - 15.3.7.2. Product Portfolio
  - 15.3.7.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.7.4. Key Strategy & Developments
- 15.3.8. Nokia
  - 15.3.8.1. Business Overview
  - 15.3.8.2. Product Portfolio
  - 15.3.8.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.8.4. Key Strategy & Developments
- 15.3.9. Sony
  - 15.3.9.1. Business Overview
  - 15.3.9.2. Product Portfolio
  - 15.3.9.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.9.4. Key Strategy & Developments
- 15.3.10. OnePlus
  - 15.3.10.1. Business Overview
  - 15.3.10.2. Product Portfolio
  - 15.3.10.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.10.4. Key Strategy & Developments
- 15.3.11. LG
  - 15.3.11.1. Business Overview
  - 15.3.11.2. Product Portfolio
  - 15.3.11.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.11.4. Key Strategy & Developments
- 15.3.12. HTC
  - 15.3.12.1. Business Overview
  - 15.3.12.2. Product Portfolio
  - 15.3.12.3. Profitability by Market Segments (Business Segments/Region)
  - 15.3.12.4. Key Strategy & Developments