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, consum...