Summary

The global refurbished and used mobile phones market is detailed in a recent report by Persistence Market Research, which provides a comprehensive analysis of key market dynamics including drivers, trends, opportunities, and challenges. The report offers an in-depth evaluation of the market structure and forecasts future developments.

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%

Market Scope:

The refurbished and used mobile phones market covers devices that have been previously owned, repaired, and restored to near-new condition. This market serves cost-conscious consumers and businesses seeking affordable alternatives to new devices. Growth is driven by the increasing adoption of refurbished devices due to their cost-effectiveness and environmental benefits, alongside advancements in refurbishment technology.

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 drivers of growth in the global refurbished and used mobile phones market?
• Which consumer segments are adopting refurbished and used mobile phones?
• How are technological advancements influencing refurbishment processes and market dynamics?
• Who are the leading players in the market, and what strategies are they using to gain a competitive edge?
• What are the emerging trends and future prospects for the refurbished and used mobile phones market?

Competitive Landscape and Business Strategies:

Leading companies in the refurbished and used mobile phones market, including Apple, Samsung, and Lenovo, emphasize product quality, customer service, and strategic partnerships to maintain their market positions. These companies invest in advanced refurbishment technologies and stringent quality control to ensure customer satisfaction. Collaborations with retailers and online platforms enhance market reach and facilitate the adoption of refurbished devices. A focus on sustainability and cost-effectiveness further strengthens their market position.

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)

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Table of Contents

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
20. Assumptions and Acronyms Used
21. Research Methodology