Press release
Refurbished and Used Mobile Phones Market is Projected to Increase from US$ 49.9 Bn in 2020 to US$ 143.8 Bn by 2031
Refurbished And Used Mobile Phones Market 2022-2031
The global refurbished and used mobile phones market is projected to increase from US$ 49.9 Bn in 2020 to US$ 143.8 Bn by 2031, expanding at a CAGR of 10.2% during the same period.
Request for Free Sample Report of “Refurbished And Used Mobile Phones” Market @ https://www.persistencemarketresearch.com/samples/16867
Countries such as Argentina, Brazil, India, Russia, Mexico, Thailand, the Philippines, and others are emerging as key markets for refurbished and used mobile phones. Consumers in developing nations are price-sensitive, and inclined toward products that provide good value for money, a major factor surging the market in Asia Pacific. The global refurbished and used mobile phones market is largely unorganized, with few players such as Samsung, Apple, and Lenovo venturing into this space. These factors are projected to fuel growth of the refurbished and used mobile phones market, globally.
As per report findings, factors such as government regulations on e-waste and adoption of refurbished and used mobile phones in institutional and commercial sectors are expected fuel the growth of the refurbished and used mobile phones market. On the back of these factors, the global refurbished and used mobile phones market is expected to expand at a CAGR of 10% during 2019-2029.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Apple Inc.,, Samsung Electronics., Lenovo Group Limited, Amazon, Redeem UK Ltd., Reboot, FoneGiant.com, Synergy Telecom Inc., NIPPON TELEPHONE INC., Verizon Communications, Inc., togofogo, Hutchison 3G UK Limited, BestBuy.com, LLC, AT&T Inc., Green Dust Pvt. Ltd., Kempf Enterprises Ltd. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Refurbished And Used Mobile Phones.
Key Takeaways of Refurbished and Used Mobile Phones Market Study
Refurbished and used mobile phones are adopted by various startups, industries, institutes, and commercial offices in order to cut costs.
Lack of sales and distribution channels is restricting the growth of the refurbished and used mobile phones market
PMR reports that, the demand for mid-priced branded refurbished and used mobile phones is projected to increase at a striking CAGR during the forecast period.
As compared to other regions, the sales of refurbished and used mobile phones are projected to be high in the Asia Pacific region. Significant market potential exists in countries in APEJ, such as China and India.
The trend of selling old phones for discount vouchers on new purchases is attracting consumers, making the consumer-owned segment dominant in the market.
“E-waste includes complex mixtures of materials, which adversely impacts the environment. Therefore, mobile phone players should focus on recycling and reusing old products to maintain a sustainable environment and reduce e-waste”, says the PMR analyst.
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/16867
Smartphone Players Entering Refurbished and Used Phones Business
Key players such as Apple Inc, Samsung Electronics, and Lenovo are now also focusing on selling refurbished and used mobile phones in the market.
The report provides valuable insights at the company level, and focuses on the business and marketing strategies of emerging market players. Key market players featured in the report are Apple Inc, Samsung Electronics, Lenovo Group Limited, and Amazon. Tier-I participants in the refurbished and used mobile phones market hold 50%-60% of market share. Product innovation has been mainstay in the refurbished and used mobile phones market in order to enhance market presence and end user experience.
In January 2019, Apple Inc. added refurbished iPhone X Plus models to its website. Apple started selling refurbished iPhone X in all three storage capacities, including 64 GB for US$ 679 and 256 GB for US$ 809.
August 2019 saw the launch of refurbished Note 9, Note 10, and Note 10+ smartphones.
Key Stakeholders
Refurbished And Used Mobile Phones Market Manufacturers
Refurbished And Used Mobile Phones Market Distributors/Traders/Wholesalers
Refurbished And Used Mobile Phones Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Major Highlights of the Refurbished And Used Mobile Phones Market Report:
The Refurbished And Used Mobile Phones Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Refurbished And Used Mobile Phones Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Click Here to Buy this Report@ https://www.persistencemarketresearch.com/checkout/16867
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Refurbished and Used Mobile Phones Market is Projected to Increase from US$ 49.9 Bn in 2020 to US$ 143.8 Bn by 2031 here
News-ID: 2532832 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Refurbished
RefurbConnect - Refurbished Business Laptops
Address: 110 Bi County Blvd #106, Farmingdale, NY 11735
Phone: 888-204-1725
Website: https://refurbishedlaptops.com
About us:
At RefurbConnect we take IT equipment from a work environment and breathe new life into it. If you are looking to set up your office with machines that act like new but at a fraction of the expense, we're your team. We work hard at making each machine good as new. We work on Desktops, Laptops, Apple, Servers and…
US Refurbished Electronics Market Emerging Trends and Growth Prospects 2034 |Ama …
On April 7, 2025, Exactitude Consultancy., Ltd. released a research report titled "US Refurbished Electronics Market". In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the US Refurbished Electronics Market including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with growth analysis and historical & futuristic…
Prominent Refurbished Medical Imaging Devices Market Trend for 2025: Strategic P …
Which drivers are expected to have the greatest impact on the over the refurbished medical imaging devices market's growth?
The increasing number of diagnostic imaging procedures is expected to drive the growth of the refurbished medical imaging device market. Preventive healthcare and early detection have increased the demand for diagnostic imaging procedures. Refurbished medical imaging devices offer cost-effective solutions for hospitals and clinics. For example, in December 2023, the Canadian Agency…
Emerging Refurbished Medical Imaging Devices Market Trend 2025-2034: Strategic P …
How Is the Refurbished Medical Imaging Devices Market Projected to Grow, and What Is Its Market Size?
The market size for refurbished medical imaging devices has seen a swift expansion in recent years. The market's value is projected to increase from $6.34 billion in 2024 to $7 billion in 2025, with a compound annual growth rate (CAGR) of 10.4%. Factors leading to this growth during the historical period include health insurance…
Emerging Refurbished Medical Imaging Devices Market Trend 2025-2034: Strategic P …
How Is the Refurbished Medical Imaging Devices Market Projected to Grow, and What Is Its Market Size?
The market size for refurbished medical imaging devices has seen a swift expansion in recent years. The market's value is projected to increase from $6.34 billion in 2024 to $7 billion in 2025, with a compound annual growth rate (CAGR) of 10.4%. Factors leading to this growth during the historical period include health insurance…
Top Factor Driving Refurbished Laptop Market Growth in 2025: Mitigating E-Waste …
How Big Is the Refurbished Laptop Market Expected to Be, and What Will Its Growth Rate Be?
The refurbished laptop market has seen strong growth in recent years. It will increase from $7.73 billion in 2024 to $8.29 billion in 2025, at a CAGR of 7.3%. This growth is driven by rising prices of new devices, the growth of e-commerce, greater awareness of environmental sustainability, economic factors, more efficient refurbishment processes,…
