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Refurbed works: Refurbed's growth in Italy and Europe

The European marketplace for refurbished products in April 2025 exceeded EUR 2 billion Gross Merchandise Value (GMV) since its foundation

by Davide Madeddu

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

The refurbished works. From discarded telephones that start working again to fitness equipment and other household appliances. A trend that is also pushing those who have played the recycling card, combining business with sustainability and circular economy. Also benefiting from this tick is Refurbed, the European marketplace for refurbished products, which is growing both on the European scene and in Italy.

Growth over 40%

Underlining this achievement are the numbers that highlight the company itself, which has surpassed EUR 2 billion Gross Merchandise Value (GMV) since its founding in April 2025. In the course of the year, it has grown by more than 40 per cent year-on-year, reached 5 million customers in Europe and expanded its offering to more than 55,000 products, covering an ever-widening range of everyday needs - from electronics and household appliances to sports and mobility.

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Beyond the financial results

'Achievements', which, as co-founder Peter Windischhofer points out, go beyond financial results and 'prove that reconditioning has gone from being a niche alternative to a mainstream choice, and that circular business models can be both impactful and economically sustainable'.

And so the initiatives that have emerged in the wake of this growth and expansion. In the autumn, the company introduced Premium Grade, 'setting a new quality standard in the refurbished market and responding to the growing demand for high-end devices with the highest level of reliability'. Then there are the seasonal events ranging from Back to School to Black Friday and Christmas. Initiatives "that have proven that refurbished products no longer represent a compromise, but a smart and reliable choice, even during shopping periods traditionally dominated by new".

In 2025, Refurbed reinforced its role as the benchmark for the refurbished sector.

The initiatives

"During Black Friday, the company recorded record daily sales," they report. "Overall, refurbed reached EUR 100 million GMV in November alone, confirming the strong demand for high-quality refurbished products across Europe. Across all markets, categories such as consoles, cameras, laptops and audio products showed particularly strong growth, highlighting a shift in consumer priorities towards quality, long-lasting refurbished devices, even in times of deep discounts.

55 thousand products and 12 countries

Refurbed's offer now includes more than 55,000 products, including smartphones, laptops, tablets, home appliances and is active in 12 countries: Germany, Austria, Switzerland, Sweden, Italy, Ireland, the Netherlands, Denmark, Belgium, Finland, Portugal and the Czech Republic.

50 million round

In October 2025, refurbed closed a EUR 50 million financing round, 'on its way to profitability and its role as a category leader'. As for 2026, the goal is to continue to grow 'with an even stronger focus on measurable environmental impact, in particular on e-waste'.

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