The market for refurbished and used mobile phones in the US was estimated at $8.67 billion in 2023, and it's forecast to triple to $26.67 billion by the end of 2031, according to Zion Market Research.
A recycled phone has just one tenth the environmental impact of a newly manufactured phone, according to the GSMA, and if properly recycled, five billion phones could recover USD 8 billion worth ...