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Report

North America Refurbished Retail Market Report and Forecast 2024-2032

Market Report I 2023-11-06 I 160 Pages I EMR Inc.

North America Refurbished Retail Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the North America refurbished retail market is projected to grow at a CAGR of 12.6% between 2024 and 2032. Aided by consumers' increasing inclination towards cost-effective products and the mounting trust in certified refurbished items, the market is expected to grow significantly by 2032.
Refurbished products, especially in the electronics and appliances domain, are those that have been returned by consumers and restored to their original condition by professionals. They undergo rigorous quality checks, and repairs if needed, and are then repackaged for sale, often at a considerably lower price than brand-new counterparts. Notably, the refurbished product category in North America encapsulates everything from smartphones and laptops to home appliances and medical equipment.
One of the predominant propellants of the North America refurbished retail market growth is the palpable shift in consumer perception. As budgets become tighter and consumers more environmentally conscious, there's a rising predilection towards products that offer value for money without compromising on quality. Certified refurbished products, backed by warranties and quality assurances, seamlessly fit this bill, providing consumers with near-new products at a fraction of the cost.
Furthermore, leading manufacturers and retailers in the region are establishing dedicated channels and platforms to cater to this growing demand. As per the North America refurbished retail market analysis, major technology giants, for instance, have initiated certified refurbished programs, ensuring that the products adhere to strict refurbishment processes and quality controls. Such initiatives not only cater to cost-conscious consumers but also allow brands to manage product returns more efficiently and reduce waste.
Another significant contributor to the market's growth is the rapid technological evolution, especially in the electronics segment. With new models and updates emerging at unprecedented rates, consumers often find themselves switching devices more frequently which propels the North America refurbished retail market demand. This has resulted in a considerable volume of nearly new items being available for refurbishment and resale, making the market more dynamic.
The sustainability angle of refurbished products cannot be overlooked. As concerns about electronic waste and environmental degradation intensify, purchasing refurbished items emerges as an eco-friendly choice. By giving products a second life, the market plays a crucial role in reducing the environmental footprint associated with manufacturing and disposal which further increases the North America refurbished retail market size.
Market Segmentation
The market can be divided based on type, certified product categories, seller product categories, and country.
Market Breakup by Type
- Certified Refurbished
- Seller Refurbished
Market Breakup by Certified Product Categories
- Mobile Phones
- Mobile Accessories
- Computers and Laptops
- Tablets
- Portable and Home Audio, TV Video
- Smart Watches and Fitness Tracker
- Vehicle Electronics (Audio, Video, GPS Navigation, and Trackers)
- Kitchen Appliances, Vacuum Cleaners, Lawn Mowers, and Accessories
- Networking and Gaming, VR, Video Game Console
- Outdoor Power Equipment and Tools
- Health and Beauty (Hair Care and Other Styling Products)
- Air Movement
- Smart Home
- Others
Market Breakup by Seller Product Categories
- Mobile Phones
- Mobile Accessories
- Computers and Laptops
- Camera and Lenses
- Tablets
- Smart Watches
- Outdoor Power Equipment and Tools
- Kitchen Appliances, Vacuum Cleaners
- Networking and Gaming, VR, Video Game Console
- Others
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America refurbished retail market. Some of the major players explored in the report by Expert Market Research are as follows:
- Amazon.com, Inc
- Walmart, Inc.
- Back Market Inc
- Target Corporation
- Ecoatm, LLC
- eBay, Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 North America Refurbished Retail Market Analysis
8.1 Key Industry Highlights
8.2 North America Refurbished Retail Historical Market (2018-2023)
8.3 North America Refurbished Retail Market Forecast (2024-2032)
8.4 North America Refurbished Retail Market by Type
8.4.1 Certified Refurbished
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Seller Refurbished
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 North America Refurbished Retail Market by Certified Product Categories
8.5.1 Mobile Phones
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Mobile Accessories
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Computers and Laptops
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Tablets
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Portable and Home Audio, TV Video
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Smart Watches and Fitness Tracker
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2023)
8.5.6.3 Forecast Trend (2024-2032)
8.5.7 Vehicle Electronics (Audio, Video, GPS Navigation, and Trackers)
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2023)
8.5.7.3 Forecast Trend (2024-2032)
8.5.8 Kitchen Appliances, Vacuum Cleaners, Lawn Mowers, and Accessories
8.5.8.1 Market Share
8.5.8.2 Historical Trend (2018-2023)
8.5.8.3 Forecast Trend (2024-2032)
8.5.9 Networking and Gaming, VR, Video Game Console
8.5.9.1 Market Share
8.5.9.2 Historical Trend (2018-2023)
8.5.9.3 Forecast Trend (2024-2032)
8.5.10 Outdoor Power Equipment and Tools
8.5.10.1 Market Share
8.5.10.2 Historical Trend (2018-2023)
8.5.10.3 Forecast Trend (2024-2032)
8.5.11 Health and Beauty (Hair Care and Other Styling Products)
8.5.11.1 Market Share
8.5.11.2 Historical Trend (2018-2023)
8.5.11.3 Forecast Trend (2024-2032)
8.5.12 Air Movement
8.5.12.1 Market Share
8.5.12.2 Historical Trend (2018-2023)
8.5.12.3 Forecast Trend (2024-2032)
8.5.13 Smart Home
8.5.13.1 Market Share
8.5.13.2 Historical Trend (2018-2023)
8.5.13.3 Forecast Trend (2024-2032)
8.5.14 Others
8.6 North America Refurbished Retail Market by Seller Product Categories
8.6.1 Mobile Phones
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Mobile Accessories
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Computers and Laptops
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Camera and Lenses
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Tablets
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Smart Watches
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2023)
8.6.6.3 Forecast Trend (2024-2032)
8.6.7 Outdoor Power Equipment and Tools
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2023)
8.6.7.3 Forecast Trend (2024-2032)
8.6.8 Kitchen Appliances, Vacuum Cleaners
8.6.8.1 Market Share
8.6.8.2 Historical Trend (2018-2023)
8.6.8.3 Forecast Trend (2024-2032)
8.6.9 Networking and Gaming, VR, Video Game Console
8.6.9.1 Market Share
8.6.9.2 Historical Trend (2018-2023)
8.6.9.3 Forecast Trend (2024-2032)
8.6.10 Others
8.7 North America Refurbished Retail Market by Country
8.7.1 Market Share
8.7.1.1 United States
8.7.1.2 Canada
9 United States Refurbished Retail Market Analysis
9.1 United States Refurbished Retail Historical Market (2018-2023)
9.2 United States Refurbished Retail Market Forecast (2024-2032)
9.3 United States Refurbished Retail Market by Type
9.3.1 Certified Refurbished
9.3.1.1 Market Share
9.3.1.2 Historical Trend (2018-2023)
9.3.1.3 Forecast Trend (2024-2032)
9.3.2 Seller Refurbished
9.3.2.1 Market Share
9.3.2.2 Historical Trend (2018-2023)
9.3.2.3 Forecast Trend (2024-2032)
10 Canada Refurbished Retail Market Analysis
10.1 Canada Refurbished Retail Historical Market (2018-2023)
10.2 Canada Refurbished Retail Market Forecast (2024-2032)
10.3 Canada Refurbished Retail Market by Type
10.3.1 Certified Refurbished
10.3.1.1 Market Share
10.3.1.2 Historical Trend (2018-2023)
10.3.1.3 Forecast Trend (2024-2032)
10.3.2 Seller Refurbished
10.3.2.1 Market Share
10.3.2.2 Historical Trend (2018-2023)
10.3.2.3 Forecast Trend (2024-2032)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Amazon.com, Inc.
12.2.1.1 Company Overview
12.2.1.2 Refurbished Goods Program
12.2.1.3 Categories Wise Product Portfolio
12.2.1.4 Demographic Reach and Achievements
12.2.1.5 Certifications
12.2.2 Walmart, Inc.
12.2.2.1 Company Overview
12.2.2.2 Refurbished Goods Program
12.2.2.3 Categories Wise Product Portfolio
12.2.2.4 Demographic Reach and Achievements
12.2.2.5 Certifications
12.2.3 eBay, Inc.
12.2.3.1 Company Overview
12.2.3.2 Refurbished Goods Program
12.2.3.3 Categories Wise Product Portfolio
12.2.3.4 Demographic Reach and Achievements
12.2.3.5 Certifications
12.2.4 Target Corporation
12.2.4.1 Company Overview
12.2.4.2 Refurbished Goods Program
12.2.4.3 Categories Wise Product Portfolio
12.2.4.4 Demographic Reach and Achievements
12.2.4.5 Certifications
12.2.5 Back Market Inc.
12.2.5.1 Company Overview
12.2.5.2 Refurbished Goods Program
12.2.5.3 Categories Wise Product Portfolio
12.2.5.4 Demographic Reach and Achievements
12.2.5.5 Certifications
12.2.6 Ecoatm, LLC
12.2.6.1 Company Overview
12.2.6.2 Refurbished Goods Program
12.2.6.3 Categories Wise Product Portfolio
12.2.6.4 Demographic Reach and Achievements
12.2.6.5 Certifications
12.2.7 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Refurbished Retail Market: Key Industry Highlights, 2018 and 2032
2. North America Refurbished Retail Historical Market: Breakup by Type (USD Million), 2018-2023
3. North America Refurbished Retail Market Forecast: Breakup by Type (USD Million), 2024-2032
4. North America Refurbished Retail Historical Market: Breakup by Certified Product Categories (USD Million), 2018-2023
5. North America Refurbished Retail Market Forecast: Breakup by Certified Product Categories (USD Million), 2024-2032
6. North America Refurbished Retail Historical Market: Breakup by Seller Product Categories (USD Million), 2018-2023
7. North America Refurbished Retail Market Forecast: Breakup by Seller Product Categories (USD Million), 2024-2032
8. North America Refurbished Retail Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Refurbished Retail Market Forecast: Breakup by Country (USD Million), 2024-2032
10. United States Refurbished Retail Historical Market: Breakup by Type (USD Million), 2018-2023
11. United States Refurbished Retail Market Forecast: Breakup by Type (USD Million), 2024-2032
12. Canada Refurbished Retail Historical Market: Breakup by Type (USD Million), 2018-2023
13. Canada Refurbished Retail Market Forecast: Breakup by Type (USD Million), 2024-2032
14. North America Refurbished Retail Market Structure

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