![]() The LATAM and India markets registered the highest growth.The global refurbished smartphone market grew 15% YoY in 2021.With new flagship smartphone prices remaining at the higher end, a larger share of consumers considered buying refurbished models of popular brands like Apple and Samsung.įrom " Infographic: Global Refurbished Smartphone Market | 2021" posted in May: ![]() Even as new smartphone shipments grew 4.5% YoY in 2021, refurbished smartphone volumes witnessed a 15% YoY growth, according to Counterpoint Research’s Global Refurbished Smartphone Tracker. The global secondary smartphone market saw a surge in demand as well as supply in 2021. Prompted by a report here that prices for refurbished 4G iPhones have fallen, friend-of-the-blog Bartley Yee dug out some Counterpoint Research reports from last spring :įrom Glen Cardoza's " Global Refurbished Smartphone Market Beats Expectations, Grows 15% YoY" posted in April: Sales of refurbished phones last year grew three times faster than sales of new phones.
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