PR Newswire
LONDON, March 23, 2026
LONDON, March 23, 2026 /PRNewswire/ — The global refurbished and used mobile phones market is growing steadily, expected to be valued at around US$ 78.6 billion in 2026 and projected to reach US$ 135.4 billion by 2033, with a CAGR of 8.1% in the coming years. This expansion stems from rising smartphone prices, sustainability awareness, and structured trade-in programs that bring millions of devices back into the secondary market. Refurbished devices provide consumers with access to high-quality smartphones at significantly lower costs, making them popular among students, small businesses, and cost-conscious buyers. The market is also benefiting from improved refurbishment technologies and certified resale platforms that enhance consumer trust through quality grading, warranties, and transparent pricing.
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Rising Demand for Affordable Smartphones
The increasing cost of new smartphones is one of the primary drivers of the refurbished and used mobile phones market. Flagship devices often exceed US$1,000, pushing many consumers to seek affordable alternatives that deliver similar functionality at a fraction of the price. Refurbished phones meet this need by offering tested and certified devices with reliable performance and warranty support. Emerging markets play a major role in this trend. Countries such as India, Indonesia, and Brazil have large populations of first-time smartphone buyers and price-sensitive consumers. For these buyers, refurbished devices provide access to advanced features like high-quality cameras, large storage capacity, and 5G connectivity without the high cost of new models. Consumer acceptance of refurbished smartphones has also increased as quality standards improve. Many devices undergo comprehensive diagnostics, component replacement, and software upgrades before resale. As a result, consumers increasingly view refurbished phones as dependable alternatives rather than inferior second-hand products. Another factor fueling demand is the rapid upgrade cycle in the smartphone industry. Many consumers replace their devices every two to three years, leaving millions of functional phones available for refurbishment and resale. These devices enter the secondary market through trade-in programs, telecom buyback initiatives, and device leasing programs, ensuring a consistent supply of inventory for refurbishers.
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Key Highlights
- The global refurbished and used mobile phones market is projected to grow from US$ 78.6 billion in 2026 to US$ 135.4 billion by 2033, registering a CAGR of 8.1% during the forecast period.
- Asia Pacific holds over 36% market share, supported by strong smartphone penetration and organized refurbishment ecosystems.
- Latin America is projected to expand at a CAGR of 8.5% through 2033, driven by affordability needs and rising smartphone adoption across Brazil and Mexico.
- Online and e-commerce platforms account for more than 62% market share, supported by transparent grading systems, warranties, and wide device availability.
- Third-party distribution channels hold over 71% share, led by independent refurbishers, resale platforms, and aggregator networks.
- Rising smartphone prices and expanding trade-in and buyback programs by manufacturers and telecom operators are increasing the supply of devices entering the refurbishment ecosystem.
- Growing emphasis on circular economy practices and e-waste reduction initiatives is encouraging consumers and businesses to adopt refurbished smartphones as sustainable alternatives.
Sustainability and Circular Economy Initiatives
Growing environmental awareness is another key driver of the refurbished and used mobile phones market. Smartphone production requires significant resources such as rare metals, energy, and water. Extending the lifecycle of existing devices through refurbishment helps reduce electronic waste and lowers the environmental impact associated with manufacturing new phones. Governments and environmental organizations increasingly promote circular economy practices that encourage device reuse and responsible recycling. Policies such as extended producer responsibility (EPR) regulations and electronic waste management frameworks encourage manufacturers and telecom operators to collect used devices and channel them into refurbishment or recycling programs. Consumers are also becoming more conscious of sustainability when purchasing electronics. Many buyers prefer refurbished smartphones because they reduce carbon emissions associated with manufacturing and shipping new devices. This trend aligns with global ESG (environmental, social, and governance) priorities, pushing businesses to adopt more sustainable technology procurement strategies. Corporate and institutional buyers are also contributing to market growth. Enterprises in sectors such as logistics, retail, and education increasingly purchase refurbished smartphones for employees and large-scale digital inclusion programs. These purchases allow organizations to reduce hardware costs while supporting sustainability goals and responsible technology consumption.
Key Highlight: Strategic Partnership between Google and Cashify for Authorised Refurbished Pixel Phones in India (2025)
- A significant development in the refurbished smartphone market occurred in September 2025, when Google launched its Authorised Refurbished Phone Sale program in India in partnership with recommerce platform Cashify. Through this collaboration, the companies introduced certified refurbished versions of Google Pixel 7 and Google Pixel 8 Pro at reduced prices, starting at ₹23,899 and ₹43,799 respectively.
- Under the program, Cashify serves as the authorised reseller responsible for refurbishing and distributing the devices. The phones are restored using genuine Pixel components and undergo comprehensive quality checks before being sold. Each refurbished device is packaged in a new box with a compatible charger and comes with a one-year limited warranty, ensuring reliability and consumer confidence.
- The initiative also focuses on expanding accessibility and sustainability in the smartphone market. By offering refurbished Pixel devices at lower prices, the partnership aims to make premium smartphones more accessible to Indian consumers while extending device lifecycles and helping reduce electronic waste.
- Distribution is handled through Cashify’s omnichannel network, including its app, website, and select retail outlets, with delivery coverage across about 18,000 pin codes in India.
This collaboration strengthens the organised refurbished smartphone ecosystem in India by combining Google’s device ecosystem with Cashify’s refurbishment and resale capabilities, while promoting affordability, consumer trust, and sustainability in the secondary smartphone market.
Segmentation Insights: Online Platforms Lead Market Expansion While Offline Retail Gains Momentum
Online and e-commerce channels lead the refurbished and used mobile phones market, accounting for over 62% market share, with revenues projected to exceed US$ 88.2 billion by 2033. Digital platforms dominate due to transparent device grading, warranty assurance, wider product availability, and convenient doorstep delivery supported by flexible payment options. Marketplaces such as Amazon Renewed and Back Market continue to expand certified refurbishment programs and seller networks, strengthening consumer trust and boosting online adoption. Offline retail channels are emerging as the fastest-growing segment, driven by consumer preference for hands-on inspection of device condition, battery health, and functionality before purchase. Third-party distribution networks, including independent refurbishers, aggregator platforms, and local retailers, collectively hold over 71% market share in 2026, benefiting from flexible pricing, repair support, and broader inventory access across regional markets.
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Regional Insights: Asia Pacific Leads Global Demand While Latin America Emerges as the Fastest-Growing Market
Asia Pacific dominates the global refurbished and used mobile phones market, accounting for over 36% share with a valuation of US$ 28.3 billion, supported by strong smartphone penetration and expanding refurbishment ecosystems. China and India remain the primary demand centers, driven by rising digital adoption, organized resale platforms, and growing awareness of circular economy practices. India alone is projected to expand at a CAGR of 14.5% between 2026 and 2033, supported by a mobile broadband subscriber base of about 969 million recorded by the Telecom Regulatory Authority of India in March 2025 and the rapid adoption of digital payments via the Unified Payments Interface. Meanwhile, Latin America is the fastest-growing region with a projected CAGR of 8.5%, expected to surpass US$ 14 billion by 2033, led by Brazil and Mexico where rising smartphone prices and large prepaid user bases drive demand for affordable refurbished devices.
Key Players and Business Strategies
Leading players include Apple Inc., Samsung Electronics Co., Ltd., ATRenew Inc., Cashify, Back Market, Recommerce Group, Gazelle, Swappa, Amazon Renewed, Flipkart Refurbished, eBay Inc., Assurant Inc., Walmart Restored, and Foxway Group.
- Apple Inc. strengthens its ecosystem through certified refurbished programs that extend product lifecycle and maintain brand loyalty.
- Samsung Electronics Co., Ltd. expands its ‘Certified Re-Newed’ initiatives, providing refurbished flagship smartphones with manufacturer warranties.
- Back Market focuses on building a global marketplace connecting certified refurbishers with consumers seeking affordable electronics.
- Cashify expands trade-in and resale services across Asia, enabling large-scale smartphone recycling and refurbishment.
- ATRenew Inc. invests in automated diagnostics and large-scale device processing infrastructure to improve refurbishment efficiency.
These companies emphasize quality assurance, trade-in partnerships, and digital resale platforms as core strategies to capture a larger share of the growing refurbished smartphone ecosystem.
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Market Segmentation
By Product
- Refurbished Phones
- Used Phones
- Trade-ins
- Buyback
By Price Range
- Low-Priced (Less than $200)
- Mid-Priced ($200-$350)
- Premium (More than $350)
By Sales Channel
- Online/ E-commerce
- Offline
- Brick-and-Mortar
- Third-Party
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Tengo varias preguntas sobre esto a ver si me podiais aclarar:
-¿Puedo hacer un ingreso regular de 800 euros y me cobran 0euos de comisiones y mto.?
-¿Puedo sacar el dinero cuando quiera?,¿todo ó tengo entendido que hay que mantener un mínimo de 100 euros los 30 meses?
-No necesito pero me obligan a sacar una tarjeta de débito que me cuesta 11 euros el primer año y 22 euros la renovación, también otra de credito que me cuesta 0 euros el primer año y 35 euros la renovación.
¿Hay que mantenerlas 13 meses?
¿Puedo cancelar alguna de ellas desde el principio?
¿Puedo cancelar alguna de ellas antes de la renovación?
¿Hay alguna tarjeta de credito más barata?
Aparte de la cuenta nómina he visto que también que para que te den la tv también se puede sacar una cuenta tarifa plana básica o personal, ¿sabeis algo de estas cuentas?¿que requisitos tienen?
Muchas gracias a todos por responder
Yo fui a informarme y te cuento. Únicamente admiten los ingresos regulares en el caso de que seas autónomo. Te abren una cuenta Tarifa Plana Cero que está exenta de comisiones y presenta alguna ventaja más. Sobre dejar un mínimo de saldo en la cuenta no es necesario, pero sí te obligan a mantener varias tarjetas durante los 30 meses con un coste aproximado de 100 euros anuales.
hola buenas!
me llamo javi y estoy dudando de que banco, me puede dar mas beficios, sin sorpresas por domiciliar la nomina, ya que llevo años en la caixa y no me da nada ningun beneficio. es mas me rechazan los prestamos que solicito, ni siquiera una targeta de credito, por alegan de que siempre esta a cero la cuenta, yo cuando cobro la nomina dejo el dinero para los pagos, y saco el resto, pues no me fio, de que un dia me quede sin dinero, ya que esta todo muy mal, corre riesgo mi dinero o mis ahorros en el banco?? muchas gracias y un cordial saludo.
javi
NO TE EXTRAÑE QUE NO TE DEN LOS PTMOS, PORQUE LO QUE VEN ES QUE NO TIENES CAPACIDAD DE AHORRO PORQUE SIEMPRE DEJAS LA CTA. EN MINIMOS, ASI NINGUN BANCO TE LO VA A CONCEDER. TAMBIEN ES VERDAD QUE LA CAIXA, COMO TANTAS OTRAS CAJAS, TIENE EL PUÑO CERRADO PARA LOS RIESGOS, PARA REMONTAR. NO TE PREOCUPES, QUE POR UNA NOMINA NO CREO QUE NINGUN BANCO SE COJA LAS MANOS. LOS QUE SE TIENEN QUE PREOCUPAR SON LOS QUE TIENEN DÉPÓSITOS Y FONDOS EN BANCOS DE DUDOSA ACTIVIDAD. LA GENTE SE PIENSA QUE PORQUE LES DEN UN 7% YA ES UN GRAN BANCO Y SE EQUIVOCAN. LO QUE LES PASA ES QUE EL BANCO DE ESPAÑA LES PRESTA EL DINERO MAS CARO Y POR ESO OPTAN POR CONSEGUIRLO EN EL MERCADO MONETARIO, Y SI EL BANCO DE ESPAÑA NO SE FIA DE ELLOS, VA Y SE FIA LA GENTE. QUE LOS BANCOS NOES LA ADMON PUBLICA, ABRAN OS OJOS.
Hola , cuando vallais al banco queos dejen lo que hay que pagar de irpf y de iva sobre el valor de la tele ya que en la mayoria de bancos esto no lo dicen y luego llagan las sorpresas .A mi ya me ha pasado con la promoción del portatil y nunca me hablaros de esto . Cuidado
Yo he estado calculando y la tele entre unas cosas y otras te sale sobre unos 250euros que tampoco regalan tanto .Hay oficinas en las que han dado la occión de poner un dinero a plazo fijo a 12meses de 9300euros o 6800euros a 18 meses.
No es ningún chollo. Te obligan a contratar dos tarjetas de crédito que tienes que pagar porque las tienes que mantener 13 meses por lo menos y además llevan unos costes desproporcionados si las utilizas. En total, no usando las tarjetas y anulándolas una vez cumplidos los 13 meses puedes ahorrar unos 38 euros con respecto al precio de ese televisor en una gran superficie. Y además luego vendrá que te cobran para hacienda la retención correspondiente, por lo que probablemente incluso en las mejores condiciones te cueste más que si ahorras un poco y lña compras directamente.
Creó que teneis toda la razón, que aqui no te regalan nada, ya que a mí me paso con unas sartenes que regalaban el banco bilbao, que al final entre el irpf y el descuento de Hacienda, al final me salieron caras, así es que no os tomen el pelo, que al final siempre esta la letra pequeña que es la que nos joroba, por no decir otra cosa.
Yo saque el portatil y ahora me he sacado la TV LCD 32. Estas promos no hay que declararlas. No es obligado domiciliar nomina. Si, meter en la cuenta 800€ todos los meses en un margen de 10 dias. Cero matacero, pero cero,cero, cero de gastos de mantenimiento, ni por recibos, ni por el correo a casa, ni por transfer. Las tarjets gratis el 1er año. Resto fuera. Dadas de baja Menos la de debito. Banesto no pierde nada, ganar, gana clientes que es el proposito de esta promo. Precio de portatil y tv 32 en mercao unos 900€ los 2. En banest 197€. Los hay mejores, nos ha jodio! portatiles a 1200€, TV LCD 32 a 1000€. Señores, son lentejas. Relacion calida-precio-promo es cojonud…….Un saludit a los viandantes.
hola , no se si llegara mi comentario pero os voi a esplicar. esto es el cuento de la abuela. mira yo tengo el portatil. y he cogio tab la tele, pero sabeis ke?, me ha pasado de todo. os esplico. primero me cobran 74 euros y 25 euros de unas tarjetas que yo no las he visto aparecer por mi casa , me cabreo con el banco. llamo y pido esplicaciones. me dicen que van en la promocion, nunca jamas nadie me informo de las tarjetas, no me devuelven el dinero. me cabreo y me dicen que llame aun numero de tefono para darlas de baja, se pasan los dias, intentamos darlas de baja. largas y larga, que si este numero de tefono que si el otro bla bla bla. conseguimos hablar y nos dicen que tenemos que cambiar el contrato a tarifa plana o no se ke historias, llamando al banco se pasan los dias, largas y largas. me cabreo y estoi por suspender todo, me dicen que si lo quiero cambiar y dar de baja las tarjetas que nunca he tenido. tengo que pagar comisiones cada seis meses de doce y pico euros, y que si no quiero que me cobren comisiones tengo que ir todos los meses al banco a hacerlo yo, ufffffffffff.aun hay mas. me dan de baja y me hacen la tarifa plana, se equivocan un monton de veces. me hacen pasar muchos cabreos.y al final cuando llego a casa me han cobrado 25, 50 euros. y llamo por telefono y se lo digo , me dicen claro por dar de baja la otra cuenta , la madre que los pario. ladrones. o sea os digo que la tele no sale regalada, se la cobran y muy bien cobrada , nadie da nada por nada. en cuento termine de pagar lo que debo quito todas las cuentas del banesto.espero que alguien me lea y que me conteste gracias .
Banesto ha jodido a mi marido y a un amigo tambien. Para mi, despues de Banco de Andalucía son los peores. Y quieran creerlo o no ni la television ni el portátil te lo regalan.. como no cumplas cualquiera de las reglas te sancionan con 300 y pico de euros.. porque nos hemos mudado de casa y los recibos domiciados se cortaron «temporalmente» la sancion fue de mas de 300 euros.. y el cabreo q te llevas cuando ves lo q te han descontado y luego para ir a reclamarlos.. y como te tratan !! en fin.. espero que Banesto sea lo primero en undirse en el fin del mundo!!
CHOLLO!!!!!!!!!JAJAJAJAJA…….NO ES NINGUN CHOLLO!!!!!!! te cobran 100 € de gastos de manipulacion, mas 150 € en tarjetas durante 2 años, mas 6 € mensuales de mantenimiento de cuenta durante 30 meses, total que pagas 630 Euros por un ordenador o una TV que su valor seguro que no llega a 500 €. Y encima si vas a cancelar la cuenta cuando cumples los 30 meses requeridos te hacen esperar dos horas para decirte que no tienen linea de telefono para dar de baja la cuenta, cosa que no para nunca cuando vas a contratarlo. Y del trato que dispensan….., es el mismo que si vas con un fajo de billetes de 500 € por los CO-JONES
Banesto «premia», menuda falacia…
No hay ningún banco que premie a nadie.
BANESTO NECESITA NUESTRAS NÓMINAS, Y EN CUANTO VAS UN POCO JUSTO, COMO BUENOS JUDÍOS Y ÁVAROS QUE SON, TE ACOSAN Y MACHACAN, Y TE SACAN HASTA LAS ENTRAÑAS EN COMISIONES.
DESPUÉS EL ESTADO APOYA A LOS BANCOS, CON LA EXCUSA DE QUE SI CAEN LOS BANCOS CAEMOS TODOS. LOS BANCOS NECESITAN UN BOICOT DE VEZ EN CUANDO, PARA QUE NO NOS RESTREGUEN POR LA CARA SUS BENEFICIOS.
POR CIERTO, LO QUE MÁS FASTIDIA A UN BANCO ES UNA RECLAMACIÓN EN LA OFICINA DEL CONSUMIDOR Y OTRA AL BANCO DE ESPAÑA.
ES POR DAR PISTAS…