Refurbished smartphones are getting more popular – Counterpoint

The global refurbished smartphone market grew by 15% in 2021, according to research from analyst firm Counterpoint.
The refurbished or ‘secondary’ smartphone market experienced solid growth last year due to a rising interest in sustainability, awareness of the sub-market, certified pre-owned alternatives, and an increase in quality checks and warranty options, according to Counterpoint Research’s Global Refurb Smartphone Tracker.
Latin America and India clocked the highest grow