Austria-based refurbished products marketplace refurbed has surpassed €146 million in gross merchandise value (GMV) in Ireland since entering the market five years ago, marking a significant milestone in the mainstream adoption of circular economy consumption across the country.

As reported by Business Plus, the company has sold more than 400,000 products to over 200,000 Irish customers to date. Through those purchases, Irish consumers have saved almost 17 million kilograms of CO2, more than 5 billion litres of water and nearly 60,000 kilograms of electronic waste.

The Irish milestone forms part of a broader European achievement. Refurbed surpassed €3 billion in cumulative GMV globally, reaching the figure in under 12 months after passing €2 billion — representing year-on-year GMV growth of over 40%. The company has now sold 10 million products across its European markets, with over 50% of customers returning for additional purchases.

Peter Windischhofer, co-founder and CEO of refurbed, said: "Refurbished is no longer a niche — it's becoming the default for many customers across Europe. We've proven that a circular business model can scale profitably."

The milestone follows a €50 million investment round in November 2025 and the company's achievement of profitability earlier that year. Refurbed has since expanded into 12 new European markets including Spain, France, the UK and Poland, bringing its addressable market to approximately 486 million consumers.

Kilian Kaminski, co-founder of refurbed, said: "Smart and sustainable growth is no longer a trade-off. The circular economy is becoming mainstream, and Europe has the opportunity to lead globally by proving that profitability and sustainability go hand in hand."

To date, refurbed has contributed to saving 445,000 tonnes of CO2 across all its markets.

See the full details of refurbed's Irish and European growth milestones.