According to Statista estimates, refurbished consumer electronics was estimated to be the consumer goods category which generated the highest revenue in 2022 by a considerable margin, at roughly 55.6 billion U.S. dollars. This was forecast to rise to about 120 billion dollars in 2026, which was approximately 47 billion dollars more than second-placed DIY and hardware.
Estimated revenue of the refurbished consumer goods market in 2022 and 2026 worldwide, by category
(in billion U.S. dollars)
About methodology: The refurbished goods market revenue is estimated using a Monte Carlo-like estimation that approximates, per year, how many consumers "purchase" in each of the CMO-categories and how much they would spend. The estimation of the number of consumers relies on shares taken from the Statista Global Consumer Survey and each KPI-per-category is the average of 10,000 iterations.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (October 6, 2022). Estimated revenue of the refurbished consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 13, 2024, from https://www.statista.com/statistics/1337509/refurbished-goods-market-revenue-by-category/
Statista. "Estimated revenue of the refurbished consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars)." Chart. October 6, 2022. Statista. Accessed December 13, 2024. https://www.statista.com/statistics/1337509/refurbished-goods-market-revenue-by-category/
Statista. (2022). Estimated revenue of the refurbished consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 13, 2024. https://www.statista.com/statistics/1337509/refurbished-goods-market-revenue-by-category/
Statista. "Estimated Revenue of The Refurbished Consumer Goods Market in 2022 and 2026 Worldwide, by Category (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Oct 2022, https://www.statista.com/statistics/1337509/refurbished-goods-market-revenue-by-category/
Statista, Estimated revenue of the refurbished consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1337509/refurbished-goods-market-revenue-by-category/ (last visited December 13, 2024)
Estimated revenue of the refurbished consumer goods market in 2022 and 2026 worldwide, by category (in billion U.S. dollars) [Graph], Statista, October 6, 2022. [Online]. Available: https://www.statista.com/statistics/1337509/refurbished-goods-market-revenue-by-category/