The global market for used mobile phones is experiencing rapid expansion, driven by increased consumer demand and the rise of certified refurbished programs. Estimated to reach € 71.2 billion in 2024, this market outpaces the new device sector with a 10.4% compound annual growth rate. With over 208 million used phones projected to ship this year, the sector ranks third in global market share, trailing only Apple and Samsung and ahead of Xiaomi. New tariffs on replacement components and international trade are starting to disrupt the flow of used mobile devices, according to B-Stock. Most refurbishment occurs in countries like China, Vietnam, and Mexico. Tariff-induced delays and increased costs are likely to complicate cross-border repairs, affecting turnaround times and limiting supply. Please note that B-Stock analysis was completed before Trump and China announced his 90-day extra tariffs freeze. However, it remains relevant as disruption happened and China tariffs might come back during the summer. Canadian tariffs remain as is for the time-being.
Repair costs are climbing
Higher import tariffs on spare parts are making device refurbishment more expensive. These rising repair costs ultimately lead to higher retail prices for consumers. Price-sensitive customers may begin to hold on to their Apple iPhones and other smartphones longer, slowing down device turnover and reducing available stock.
Inventory and sourcing challenges emerge
The effects of these economic shifts are already visible. B-Stock reports a 25% drop in used phones sourced from Canada and a surge in shipments heading to the UAE and Hong Kong. Such changes suggest evolving B2B sourcing dynamics in response to tariff pressures.
Recommerce stakeholders must adapt fast
To mitigate the impact of tariffs, stakeholders are encouraged to invest in domestic part production, diversify supplier bases, and expand certified pre-owned (CPO) programs. Encouraging consumers to adopt CPO Apple iPhones and similar devices will also help maintain market momentum. For B2B resale, leveraging platforms that ensure consistent demand and transparent pricing will be key to weathering these shifts.
Market
Trade-in
Repair
Refurbishing
