Top Refurbished Smartphone Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Refurbished Smartphone Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Refurbished Smartphone industry players.

Refurbished Smartphone Market Competitive Landscape

The global refurbished smartphone market is highly competitive with big OEM brands such as Apple and Samsung. It also includes third-party refinishers such as Amazon Renewed and Back Market. In addition, traditional retail stores such as Best Buy Outlet, and internet marketplaces such as eBay and Swappa are in the market.

Each player strives to differentiate itself by focusing on aspects such as brand recognition, price, and product variety. They also deliver value-added services that appeal to various customer groups.

  • Opontia (Founded in 2021, UAE): Dubai-based e-commerce company Opontia specializes in buying and scaling consumer brands within the European, Middle Eastern, and African region. Philip Johnston and Manfred Meyer founded the company, and in 2021, it managed to raise over 60 million dollars. Opontia has recently joined the refurbished smartphone market by acquiring used electronics businesses and streamlining supply chains. This was done to increase their business. Due to its entry, market access and price transparency in countries such as Turkey and Poland have been dramatically increased.
  • Tumbledry (Founded in 2019, India): Tumbledry started out as a laundry and dry-cleaning company founded by Gaurav Nigam and Navin Chawla. The company now has over 1,200 stores in the island nation of India. The company has diversified its business to provide reconditioned electronics like smartphones under approved repair services and trade-in programs. Their technology-enabled business model allows for the reuse of the devices in an eco-friendly way and increases their lifespans, which helps lead to the formalization and growth of the refurbished smartphone market in India.

Top Player’s Company Profiles

  • Alibaba Group Holding Ltd. 
  • Apple Inc. 
  • AT and T Inc. 
  • Best Buy Co. Inc. 
  • Clues Network Pvt. Ltd. 
  • eBay Inc. 
  • Gadgetwood E Services Pvt. Ltd. 
  • Manak Waste Management Pvt. Ltd. 
  • Qarmatek Services Pvt. Ltd. 
  • Quikr India Pvt. Ltd. 
  • Reboxed Ltd. 
  • Samsung Electronics Co. Ltd. 
  • Smart Cellular 
  • Swappie Oy 
  • TROCAFONE SA 
  • Verizon Communications Inc. 
  • Walmart Inc. 

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Global Refurbished Smartphone Market size was valued at USD 324.69 Million in 2023 and is poised to grow from USD 349.40 Million in 2024 to USD 628.27 Million by 2032, growing at a CAGR of 7.61% in the forecast period (2025-2032).

The global refurbished smartphone market is highly competitive with big OEM brands such as Apple and Samsung. It also includes third-party refinishers such as Amazon Renewed and Back Market. In addition, traditional retail stores such as Best Buy Outlet, and internet marketplaces such as eBay and Swappa are in the market. 'Apple Inc.', 'Samsung Electronics Co., Ltd.', 'Amazon.com, Inc.', 'eBay Inc.', 'Back Market (France)', 'Reboxed (UK)', 'Swappie (Finland)', 'Decluttr (USA)', 'Cashify (India)', 'Refurbed (Austria)', 'Flipkart (Renewed by Flipkart) (India)', 'Best Buy Co., Inc.', 'AT&T Inc.', 'Trocafone (Brazil)', 'Renewgo (UAE)'

As compared to brand-new handsets, refurbished smartphones offer dramatic price cuts, and this is one of the reasons why they are so sought after by people who care about saving money. In the case of the upcoming world, where a significant section of the population is eager to buy great phones at cheaper rates, the price factor is extremely attractive. As a result of the price difference, demand for refurbished smartphones has picked up in the market since an increasing number of customers are considering them as a viable option compared to the costly new tech products.

More Adoption in Emerging Markets: As the number of people using smartphones in developing countries continues to rise, refurbished smartphones are becoming increasingly popular since they are more affordable and meet higher quality requirements. The need for smartphones that are within a reasonable price range is growing in countries such as Africa, Latin America, and some parts of Asia. Refurbished smartphones provide a solution that is cheaper for clients who are price conscious.

How Refurbished Smartphones are Gaining Popularity in North America?

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Global Refurbished Smartphone Market
Refurbished Smartphone Market

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