How Trade-Ins, Sustainability & Awareness are Driving Refurbished Smartphone Growth

Refurbished smartphones are cost-effective alternatives for
consumers looking to save money when buying a smartphone. Apple
and Samsung are the top brands in this secondary smartphone
market, allowing users to purchase a flagship smartphone at a
much lower cost. Shipments for the global refurbished smartphone
market grew 4.5% YoY in 2021.


Volumes also witnessed 15% growth according to Counterpoint
Research’s Global Refurb Smartphone Tracker. Factors such as
attractive trade-in programs, consumer awareness of
sustainability, and certified pre-owned smartphones have led to
this growth.


In the latest episode of ‘The Counterpoint Podcast’, host Maurice
Klaehne is joined by Research Director Jeff Fieldhackand Senior
Research Analyst Glen Cardoza to discuss the refurbished
smartphone market. The insightful discussion focuses on key
topics highlighting the refurbished market performance in 2021,
key regions contributing to the growth, and key OEMs. We also
touch upon topics like geopolitics, sustainability, the right to
repair movement, and much more.



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