Company Spotlight

Top 6 Companies Dominating the North America Refurbished Retail Market

Top Refurbished Retail Companies in North America

Insights

Amazon.com, Inc, Walmart, Inc, eBay, Inc, Target Corporation, Back Market Inc, Ecoatm, LLC, among others, are the major players in the North America refurbished retail market.

The North America refurbished retail market size reached a value of more than USD 15.88 billion in 2023. The North America refurbished retail market is expected to grow at a CAGR of 12.6% between 2024 and 2032, reaching a value of USD 32.29 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing awareness and affordability of products.

Refurbished goods refer to the products that are tested for quality and function and, if required parts are replaced or repaired. The North America refurbished retail market is expanding with the increasing online infrastructure that does not require a brick-and-mortar store. Recommerce is on the rise as retailers are increasingly investing in processes that enhance its appeal to consumers. This shift aims to attract those who might otherwise opt for fast fashion or disposable products.

Consumers are increasingly seeking refurbished products to access reputable brands at more affordable prices. This trend presents a significant opportunity for retailers and manufacturers to enhance brand loyalty and generate additional revenue in secondary markets. As demand for electronic products continues to grow alongside rising awareness of sustainability and recycling, the refurbished electronics market is anticipated to experience substantial growth during the forecast period.

E-commerce platforms such as Amazon Renewed, Newegg Inc., and eBay Inc. offer a diverse array of refurbished electronic products, ensuring a convenient and hassle-free shopping experience for customers. These platforms typically feature comprehensive product descriptions, warranty options, and customer reviews to assist consumers in making informed purchasing decisions. Furthermore, the growing penetration of smartphones and improved internet connectivity have made online shopping increasingly accessible, further propelling the growth of the refurbished electronics market. The combination of convenience, affordability, and extensive product selection provided by these online platforms is expected to drive significant North America refurbished retail market expansion in the coming years.

Figure: United States E-Commerce Growth (2018-2023)

Figure: United States E-Commerce Growth (2018-2023)

As per International Trade Administration, in 2022 Canada had more than 27 million eCommerce users, accounting for 75% of the Canadian population. This is further anticipated to grow to 77.6% in 2025.

In August 2024, New York-based company, Humanscale launched “Refreshed” circular economy program which involves a branded online store for refurbished office furniture. Through this the company aims to support its sustainability goals and help reduce some of the 17 billion pounds of furniture that pile into landfills each year in the United States.

Top 5 Refurbished Retail Companies in North America:

Amazon.com, Inc

Headquarters: Washington, United States
Establishment: 1994
Website: www.amazon.com

Amazon is a global technology company pioneering products such as Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge. The company has organised their operations into three business units namely North America, International, and Amazon Web Services (“AWS”). Through amazon.com the company offers products ranging from fashion and prime wardrobe to automotive supplies and handmade art.

Walmart, Inc

Headquarters: Arkansas, United States
Establishment: 1962
Website: corporate.walmart.com

Walmart is a globally renowned retailer, operating more than 10,500 stores and various eCommerce websites in 19 countries. The company has a workforce of 2.1 million associates, and nearly 1.6 million in the U.S. alone.  The company’s transportation has a fleet of 9,000 tractors, 80,000 trailers and more than 11,000 drivers. Through the Walmart Restored program the company offers high-quality refurbished items on Walmart.com. The program involves several available conditions, including Restored: Like-New, Good, Fair and Premium.

eBay, Inc

Headquarters: California, United States
Establishment: 1995
Website: www.ebayinc.com

eBay is engaged in connecting several sellers and buyers in more than 190 markets around the world. The company has about 2.1 billion live listings and has 132 million active buyers across the globe. For second quarter of 2024, eBay recorded revenue of USD 2.6 billion and clocked USD 18.6 billion in gross merchandise volume.

Target Corporation

Headquarters: Minneapolis, United States
Establishment: 1964
Website: corporate.target.com

Target is one of the leading retailers in the United States. Target is a general merchandise retailer with stores in all 50 states and the District of Columbia. Across the United States, the target has 1,963 and 59 supply chain facilities. The company boasts 32 office locations globally and has more than 400K team members employed. Target offers refurbished products such as laptops, tools, wearable tech, speakers, headphones, desktop computer, computer monitors, cell phones etc.

Back Market Inc

Headquarters: Paris, France
Establishment: 2014
Website: www.backmarket.com

Back Market Inc is a global marketplace for refurbished devices. Back Market is a certified B-Corp offering products such as smartphones, gaming consoles, tablets, laptops, smartwatches, audio, etc. The company has more than 10 million customers around the world. The company guarantees that every device has been tested and restored to perfect working condition according to industry standards. Also, the company offers products up to 70% less than brand new.

How to Purchase a Report

Website

To place an order through our website, select the license type mentioned on the report details page. Click on the ‘Buy Now’ button and fill in your details. Select your preferred mode of payment after which you will be redirected to the selected payment gateway. Follow the steps and proceed to checkout.

www.expertmarketresearch.com

Email

Enlisting all your requirements and queries along with details that include billing and delivery address and the preferred payment mode. Our customer service representative will revert to you within 24 hours.

[email protected]

Telephone

To place an order through telephone, call our sales team on the following numbers and our customer service representative will help you regarding the same.

+61 291 889 415

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124