REFURBISHED ELECTRONICS MARKET ANALYSIS

Refurbished Electronics Market, By Product Category (Smartphones, Laptops and Computers, Tablets and E-readers, Gaming Consoles, Wearable Devices, Audio Equipment, Cameras and Photography Equipment, Home Appliances, and Smart Home Devices), By Consumer Type (Individual Consumers, Enterprises and Businesses, Educational Institutions, Government and Public Sector, and Non-profit Organizations), By Distribution Channel (Online Retailers and E-commerce Platforms, Refurbished Electronics Specialty Stores, Manufacturer\'s Official Channels, and Brick-and-Mortar Retailers), By End Use (Personal Use, Business Use, Education and Research, Healthcare and Medical Facilities, Entertainment and Gaming, and Industrial and Commercial Applications), By Price Range (Budget Segment, Mid-range Segment, and Premium Segment), By Technological Generation (Current Generation (Latest Models), Previous Generations, and Older Generations), By Refurbishment Process (Basic Refurbishment, Advanced Refurbishment, and Manufacturer-Certified Refurbishment), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Recent Developments

New product launches

In January 2023, Apple (Apple is an American corporation that develops and sells computer electronics, software, personal computers and portable devices internationally) announced that it would be expanding its refurbished product offerings to include the iPhone 13 lineup. The refurbished iPhones will be sold through Apple's online store and authorized resellers.
In February 2023, Samsung announced that it would be launching a new line of refurbished smartphones called "Galaxy Certified Refurbished." The Galaxy Certified Refurbished smartphones will be sold through Samsung's online store and authorized retailers.
In March 2023, Dell (an American-based technology company. It develops, sells, repairs, and supports computers and related products and services) announced that it would be expanding its refurbished product offerings to include the XPS 13 and XPS 15 laptops. The refurbished laptops will be sold through Dell's online store and authorized resellers.

Acquisition and partnerships

In February 2023, Brightstar, an international firm specializing in the management of mobile device lifecycles, entered into a collaboration with Gazelle, a top-tier online platform for the commerce of pre-owned electronics. This strategic move will empower Brightstar to extend its offerings to include the sale of certified refurbished electronics.
In March 2023, Envy Acquires NextWorth Envy, a leading refurbished electronics retailer, acquired NextWorth, a leading online marketplace for used electronics. The acquisition will allow Envy to expand its reach in the US market.