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US Refurbished Smartphone Market

ID: MRFR/SEM/14883-HCR
200 Pages
Garvit Vyas
October 2025

US Refurbished Smartphone Market Research Report By Type (Refurbished Phone, Used Phone), By Price Range (Low Price, Mid Price, Premium) and By Application (Individual, Businesses) - Forecast to 2035

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US Refurbished Smartphone Market Infographic
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US Refurbished Smartphone Market Summary

As per MRFR analysis, the US refurbished smartphone market Size was estimated at 13.57 USD Billion in 2024. The US refurbished smartphone market is projected to grow from 15.26 USD Billion in 2025 to 49.58 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 12.5% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US refurbished smartphone market is experiencing robust growth driven by sustainability and cost-effectiveness.

  • Sustainability awareness is increasingly influencing consumer purchasing decisions in the refurbished smartphone market.
  • The largest segment in this market is the budget-conscious consumers seeking affordable technology solutions.
  • Technological advancements in refurbishment processes are enhancing the quality assurance of refurbished devices.
  • Growing consumer demand for affordable technology and environmental considerations are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 13.57 (USD Billion)
2035 Market Size 49.58 (USD Billion)
CAGR (2025 - 2035) 12.5%

Major Players

Back Market (FR), Refurbished Phones (GB), Swappa (US), Gazelle (US), Decluttr (GB), Amazon Renewed (US), eBay Refurbished (US), Asurion (US)

US Refurbished Smartphone Market Trends

The refurbished smartphone market is experiencing notable growth, driven by increasing consumer awareness regarding sustainability and cost-effectiveness. As individuals become more environmentally conscious, the demand for refurbished devices rises, reflecting a shift in purchasing behavior. This trend is further supported by advancements in technology that enhance the quality and reliability of refurbished products. Consumers are now more willing to consider these options, recognizing that refurbished smartphones can offer comparable performance to new models at a fraction of the cost. Moreover, the economic landscape plays a crucial role in shaping the refurbished smartphone market. With rising living costs, many consumers are seeking affordable alternatives to new devices. Retailers and manufacturers are responding to this demand by expanding their offerings of refurbished smartphones, often providing warranties and guarantees that bolster consumer confidence. This evolving market dynamic suggests a promising future for refurbished devices, as they become an increasingly viable option for budget-conscious consumers. In summary, the refurbished smartphone market is poised for continued expansion, driven by sustainability concerns and economic factors. As technology improves and consumer attitudes shift, the appeal of refurbished devices is likely to grow, making them a staple in the mobile device landscape.

Sustainability Awareness

There is a growing recognition among consumers regarding the environmental impact of electronic waste. This awareness is driving interest in refurbished smartphones, as they represent a more sustainable choice compared to new devices. By opting for refurbished products, consumers contribute to reducing waste and promoting a circular economy.

Cost-Effectiveness

The rising costs of new smartphones are prompting consumers to seek more affordable alternatives. Refurbished smartphones offer a cost-effective solution, allowing individuals to access high-quality devices without the financial burden associated with new models. This trend is particularly appealing to budget-conscious consumers.

Enhanced Quality Assurance

Improvements in refurbishment processes and quality control measures are increasing consumer confidence in refurbished smartphones. Retailers are implementing rigorous testing and certification standards, ensuring that these devices meet high performance and reliability benchmarks. This trend is likely to attract more consumers to consider refurbished options.

US Refurbished Smartphone Market Drivers

Increased Availability of Refurbished Devices

The refurbished smartphone market is witnessing an increase in the availability of devices, driven by both manufacturers and third-party sellers. Major brands are now offering certified refurbished options, which enhances consumer trust in the quality of these products. This expansion in the refurbished smartphone market is supported by a growing network of retailers and online platforms that specialize in refurbished devices. As a result, consumers have greater access to a diverse range of smartphones, which is likely to stimulate market growth. The convenience of purchasing refurbished devices online has also contributed to this trend, making it easier for consumers to find suitable options.

Rising Awareness of Warranty and Support Options

The refurbished smartphone market is experiencing a rise in consumer awareness regarding warranty and support options available for refurbished devices. Many sellers now offer warranties that rival those of new smartphones, which enhances consumer confidence in purchasing refurbished products. This trend is particularly relevant in the refurbished smartphone market, where buyers are often concerned about the longevity and reliability of their devices. Data indicates that nearly 60% of consumers are more likely to purchase a refurbished smartphone if a warranty is included. This growing awareness is likely to drive further interest in refurbished devices, as consumers seek assurance in their investment.

Growing Consumer Demand for Affordable Technology

The refurbished smartphone market is experiencing a notable increase in consumer demand for affordable technology solutions. As individuals seek to balance quality and cost, the appeal of refurbished devices has surged. Recent data indicates that approximately 30% of consumers in the US are considering purchasing refurbished smartphones as a viable alternative to new models. This trend is driven by the desire for high-quality devices at lower price points, which aligns with the financial constraints many face. The refurbished smartphone market is thus positioned to cater to this growing segment, offering a range of options that meet consumer expectations for performance and reliability.

Environmental Considerations and E-Waste Reduction

The refurbished smartphone market is increasingly influenced by environmental considerations, particularly the need to reduce electronic waste (e-waste). With millions of smartphones discarded annually, the refurbished smartphone market presents a sustainable solution by extending the lifecycle of devices. Data suggests that refurbishing a smartphone can reduce its carbon footprint by up to 70%, making it an attractive option for environmentally conscious consumers. This growing awareness of e-waste issues is prompting more individuals to opt for refurbished devices, thereby driving demand and fostering a more sustainable approach to technology consumption.

Technological Advancements in Refurbishment Processes

The refurbished smartphone market is benefiting from significant technological advancements in refurbishment processes. Innovations in testing, repair, and quality assurance have enhanced the reliability of refurbished devices, making them more appealing to consumers. The refurbished smartphone market is now able to offer products that meet or exceed the performance of new models, often at a fraction of the cost. As a result, consumer confidence in refurbished devices is rising, with studies indicating that 75% of buyers are satisfied with their refurbished purchases. This trend is likely to continue as technology improves, further solidifying the market's position.

Market Segment Insights

By Operating System: Android (Largest) vs. iOS (Fastest-Growing)

In the US refurbished smartphone market, Android dominates the operating system segment, holding the largest share due to its wider range of device offerings and price points. The diversity in brands and models gives consumers numerous choices, making Android a preferred option for many. iOS, on the other hand, has been rapidly gaining traction, especially among users seeking high-quality devices and a seamless ecosystem experience. This shift indicates strong consumer interest and preference for refurbished iOS devices. The growth trends within this segment show a significant shift towards iOS, driven by factors such as increased consumer awareness of sustainability, the expansion of trade-in programs, and the strong brand loyalty associated with Apple products. As refurbished iOS devices become more available and affordable, they are expected to capture a larger market share over time. Furthermore, marketing strategies targeting eco-conscious consumers are likely to drive the growth of both operating systems in the coming years.

Android (Dominant) vs. iOS (Emerging)

Android remains the dominant operating system in the refurbished smartphone sector, characterized by its extensive ecosystem and compatibility with a wide array of devices from various manufacturers. This diversity caters to budget-conscious consumers looking for affordable alternatives without compromising functionality. iOS, while emerging quickly, is recognized for its premium quality and user-friendly interface, appealing to those who seek a high-end experience even in refurbished models. The rapid growth of the iOS segment reflects changing consumer preferences towards premium refurbished options, driven by enhanced sustainability initiatives and the brand's strong market presence. Both segments engage in fierce competition, impacting pricing strategies and customer loyalty.

By Smartphone Type: Luxury Smartphones (Largest) vs. Budget Smartphones (Fastest-Growing)

In the US refurbished smartphone market, the segmentation shows that Luxury Smartphones currently hold the largest market share due to their brand appeal and premium features, making them attractive to a diverse consumer base. Following this are Mid-Range Smartphones, which cater to a balance of quality and affordability, while Budget Smartphones, although lower in overall share, are quickly gaining traction among cost-conscious consumers seeking value. Growth trends indicate that Budget Smartphones are becoming the fastest-growing segment as consumers increasingly prioritize affordability and functionality over brand loyalty. This shift is driven by economic factors and a growing awareness of sustainable consumption, leading to an increase in demand for refurbished budget devices. Additionally, advancements in technology are allowing these smartphones to offer performance that meets consumer expectations without the high price tag, thus expanding their appeal.

Luxury Smartphones (Dominant) vs. Mid-Range Smartphones (Emerging)

Luxury Smartphones represent a dominant force in the US refurbished smartphone market, often characterized by high-end features and brand prestige, attracting buyers who are willing to invest in quality. These smartphones often retain value well over time, making them a viable option for resale in the refurbished market. In contrast, Mid-Range Smartphones are emerging as a popular choice among consumers seeking a balance between performance and price. They typically offer solid features at a more accessible cost, catering to a market segment that values functionality without the premium associated with luxury options. This dynamic is reshaping consumer preferences, encouraging a growing acceptance of both luxury and mid-range devices in the refurbished space.

By Sales Channel: Online Retail (Largest) vs. Offline Retail (Fastest-Growing)

In the US refurbished smartphone market, the sales channel distribution reveals that Online Retail has established itself as the leading segment, commanding a significant share of transactions. Its dominance is largely driven by the convenience and accessibility it offers to consumers, allowing users to browse and purchase devices from the comfort of their homes. Conversely, Offline Retail, while smaller in share, is experiencing an invigorating growth trajectory as consumers increasingly value the tactile experience of inspecting devices before purchasing. The growth trends for these sales channels show a distinct shift in consumer behavior. Online Retail benefits from technological advancements and a strong e-commerce infrastructure, which continuously enhance the user experience. Meanwhile, Offline Retail's rapid growth can be attributed to an increasing number of consumers seeking immediate gratification and the assurance of physical interaction with refurbished devices. This combination of convenience and experience places both sales channels in a strategic position within the market.

Online Retail (Dominant) vs. Manufacturer Refurbished (Emerging)

Online Retail is characterized by its robust platform that allows consumers to select from a wide range of refurbished smartphones, often at lower prices than new models. It offers extensive product information and user reviews, empowering buyers to make informed decisions. In contrast, Manufacturer Refurbished is an emerging segment that is rapidly gaining traction, as reputable brands begin to offer certified refurbished devices. This segment appeals to consumers who prioritize quality assurance and warranty, thus enabling the manufacturers to tap into a new market of environmentally conscious buyers. Both segments represent a significant shift in how consumers approach purchasing refurbished smartphones, with Online Retail leading the way while Manufacturer Refurbished quickly closes the gap.

By Condition: Like New (Largest) vs. Good (Fastest-Growing)

In the US refurbished smartphone market, the market share is predominantly led by the 'Like New' segment, which appeals to consumers seeking high-quality devices with minimal imperfections. This segment captures the attention of buyers looking for premium refurbished options, thereby commanding a significant portion of the overall market. Conversely, the 'Good' condition segment has been steadily gaining traction, attracting budget-conscious consumers who prioritize affordability while still seeking reliable functionality. The growth trends within the condition segment are largely driven by increasing consumer awareness about sustainability and the environmental benefits of purchasing refurbished devices. The demand for 'Good' condition smartphones is particularly driven by younger consumers and budget-oriented families, leading to its recognition as the fastest-growing segment. On the other hand, the 'Like New' segment's dominance is supported by consumers' desire for quality and brand reputation, which remains a strong influencing factor in the refurbished market.

Like New (Dominant) vs. Good (Emerging)

The 'Like New' condition segment represents a dominant force in the US refurbished smartphone market. This segment is characterized by devices that exhibit minimal signs of previous use, often restored to as close to original new condition as possible. Consumers opting for 'Like New' devices are typically motivated by a desire for higher quality and longevity in their purchases. In contrast, the 'Good' condition segment is emerging rapidly, appealing to cost-sensitive buyers who are willing to accept minor imperfections for greater savings. This segment often includes smartphones that undergo functional testing and repairs but may have visible wear. The attractiveness of 'Good' condition devices lies in their affordability, making them increasingly popular among various consumer demographics.

Get more detailed insights about US Refurbished Smartphone Market

Key Players and Competitive Insights

The refurbished smartphone market is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for sustainable technology and cost-effective alternatives to new devices. Key players such as Swappa (US), Gazelle (US), and Amazon Renewed (US) are strategically positioned to capitalize on these trends. Swappa (US) focuses on a peer-to-peer marketplace model, emphasizing transparency and user experience, which appears to resonate well with tech-savvy consumers. Gazelle (US), on the other hand, has adopted a more traditional retail approach, offering a streamlined buying process and a strong emphasis on quality assurance. Amazon Renewed (US) leverages its vast distribution network and brand recognition to provide a wide range of refurbished products, thus enhancing its competitive edge in the market. Collectively, these strategies contribute to a moderately fragmented market structure, where innovation and customer service play pivotal roles in shaping competitive dynamics.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. This trend is particularly evident in the refurbished smartphone market, where companies are seeking to minimize lead times and improve product availability. The competitive structure remains moderately fragmented, with several players vying for market share. However, the influence of major companies like Amazon Renewed (US) and Gazelle (US) is substantial, as they set benchmarks for quality and customer service that smaller players strive to meet.

In October 2025, Swappa (US) announced a partnership with a leading logistics firm to enhance its shipping capabilities. This strategic move is likely to improve delivery times and customer satisfaction, thereby reinforcing Swappa's position as a preferred marketplace for refurbished smartphones. The partnership may also facilitate better inventory management, allowing Swappa to respond more swiftly to market demands.

In September 2025, Gazelle (US) launched a new quality certification program aimed at ensuring that all refurbished devices meet stringent performance standards. This initiative is significant as it not only enhances consumer trust but also differentiates Gazelle's offerings in a crowded marketplace. By prioritizing quality assurance, Gazelle may attract a more discerning customer base, potentially increasing its market share.

In August 2025, Amazon Renewed (US) expanded its product range to include a wider variety of refurbished smartphones, including models from lesser-known brands. This expansion appears to be a strategic effort to capture a broader audience and cater to diverse consumer preferences. By diversifying its offerings, Amazon Renewed may enhance its competitive positioning and drive sales growth in the refurbished segment.

As of November 2025, current trends in the refurbished smartphone market indicate a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Companies are increasingly forming strategic alliances to enhance their technological capabilities and improve operational efficiencies. The competitive landscape is evolving, with a noticeable shift from price-based competition to a focus on innovation, technology, and supply chain reliability. This transition suggests that future differentiation will hinge on the ability to deliver superior customer experiences and sustainable practices, rather than merely competing on price.

Key Companies in the US Refurbished Smartphone Market market include

Industry Developments

The US Refurbished Smartphone Market has seen significant developments recently, particularly with companies like Apple, Best Buy, and Walmart focusing on sustainability and affordability in their product offerings. In September 2023, Apple announced plans to enhance its refurbishment program, aiming to increase the availability of certified refurbished devices. Meanwhile, Walmart and Metro by TMobile have expanded their partnership to provide lower-priced refurbished smartphones to budget-conscious consumers.

Notably, in October 2022, Back Market, an online marketplace for refurbished electronics, secured a substantial investment that catalyzed its growth in the US market. eBay and Gazelle also reported an increase in sales of refurbished devices as consumers shift towards environmentally friendly options. Additionally, the overall market is projected to grow as current economic conditions prompt more buyers to consider refurbished devices as viable alternatives.

Notable happenings in the past few years include the surge in demand for second-hand smartphones post-pandemic, which further emphasizes the shift towards refurbished units as a cost-saving solution amidst inflation concerns, making the sector increasingly relevant in the current consumer landscape.

Future Outlook

US Refurbished Smartphone Market Future Outlook

The refurbished smartphone market is projected to grow at a 12.5% CAGR from 2024 to 2035, driven by sustainability trends, cost savings, and technological advancements.

New opportunities lie in:

  • Expansion of online marketplaces for refurbished devices
  • Partnerships with telecom providers for trade-in programs
  • Development of certification standards for quality assurance

By 2035, the market is expected to achieve substantial growth, solidifying its role in the smartphone ecosystem.

Market Segmentation

US Refurbished Smartphone Market Condition Outlook

  • Like New
  • Good
  • Fair

US Refurbished Smartphone Market Sales Channel Outlook

  • Online Retail
  • Offline Retail
  • Manufacturer Refurbished

US Refurbished Smartphone Market Smartphone Type Outlook

  • Luxury Smartphones
  • Mid-Range Smartphones
  • Budget Smartphones

US Refurbished Smartphone Market Operating System Outlook

  • Android
  • iOS
  • Windows
  • Others

Report Scope

MARKET SIZE 2024 13.57(USD Billion)
MARKET SIZE 2025 15.26(USD Billion)
MARKET SIZE 2035 49.58(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 12.5% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Back Market (FR), Refurbished Phones (GB), Swappa (US), Gazelle (US), Decluttr (GB), Amazon Renewed (US), eBay Refurbished (US), Asurion (US)
Segments Covered Operating System, Smartphone Type, Sales Channel, Condition
Key Market Opportunities Growing consumer demand for sustainable electronics drives expansion in the refurbished smartphone market.
Key Market Dynamics Rising consumer demand for affordable alternatives drives growth in the refurbished smartphone market amid evolving technology.
Countries Covered US

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FAQs

What is the expected market value of the US Refurbished Smartphone Market in 2024?

The expected market value of the US Refurbished Smartphone Market in 2024 is 10.85 USD Billion.

How much is the US Refurbished Smartphone Market projected to be valued at by 2035?

By 2035, the US Refurbished Smartphone Market is projected to be valued at 44.66 USD Billion.

What is the expected compound annual growth rate (CAGR) for the US Refurbished Smartphone Market from 2025 to 2035?

The expected CAGR for the US Refurbished Smartphone Market from 2025 to 2035 is 13.721%.

What is the estimated market value of refurbished phones in the US Refurbished Smartphone Market for 2024?

The estimated market value of refurbished phones in the US Refurbished Smartphone Market for 2024 is 6.9 USD Billion.

How much is the market value for used phones in the US Refurbished Smartphone Market in 2024?

The market value for used phones in the US Refurbished Smartphone Market in 2024 is 3.95 USD Billion.

Which companies are considered key players in the US Refurbished Smartphone Market?

Key players in the US Refurbished Smartphone Market include Apple, Walmart, Best Buy, and eBay among others.

What is the expected market size for refurbished phones in 2035?

The expected market size for refurbished phones in 2035 is anticipated to reach 28.2 USD Billion.

What will be the market size for used phones in 2035?

The market size for used phones in 2035 is projected to be 16.46 USD Billion.

What growth opportunities exist in the US Refurbished Smartphone Market?

Growth opportunities in the US Refurbished Smartphone Market stem from increasing consumer demand for affordable technology.

Are there any significant challenges currently facing the US Refurbished Smartphone Market?

Significant challenges facing the US Refurbished Smartphone Market include competition from new devices and warranty concerns.

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