Refurbished iPhones: Top-Selling Product in the Used Smartphone Market in 2022

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Cindy Mutia Annur 27/04/2023 15:06 WIB

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According to Counterpoint's report, iPhones dominated the global used smartphone market in 2022.

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Global Used Smartphone Market (2022)

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Factory-refurbished iPhones are highly sought after by smartphone consumers worldwide.

According to Counterpoint Research, refurbished iPhones dominated 49% of the global used phone market share in 2022, up from 44% in 2021.

Refurbished iPhones undergo a rejuvenation process and direct inspection by Apple to ensure optimal performance, like new.

This process includes retesting all phone functions to meet iPhone manufacturer standards, replacing original parts if necessary, and repackaging the device in a new box with all accessories.

Apple's official website currently lists several refurbished iPhone 12 series models in various colors and memory capacities.

In 2022, Samsung smartphones achieved a 26% share of the global used phone market. Vivo and Oppo each held 3%, Huawei 2%, and other used smartphone brands accounted for 17%.

Counterpoint also found that global used smartphone sales grew by 5% year-on-year (YoY) in 2022 compared to 2021.

India led the global refurbished smartphone market in 2022 with 19% YoY growth, followed by Latin America with 18% YoY growth. However, refurbished smartphone sales in China fell by 17% YoY.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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