The second-hand tech market has seen a remarkable boom. In the United States alone, the second-hand electronics market is said to have reached a value of more than US$50 billion in 2024. Much of this expansion has been fueled by consumers choosing to use professionally refurbished equipment to avoid the inflated prices on new products.
In contrast to new electronics, refurbished products, particularly those obtained domestically or locally, usually avoid import tariffs entirely. Refurbished electronics companies are offering substantial price discounts without sacrificing performance, making them a tempting option. The items are thoroughly tested, refurbished, and inspected for quality, and they have a performance that is equivalent to the assortment of new products.