Back Market Recognized in TIME100 Most Influential Companies List for 2026

Back Market Named Among TIME's Most Influential Companies

Back Market, a prominent player in the marketplace for premium refurbished tech, has been commemorated in the sixth edition of TIME's Most Influential Companies list for 2026. This recognition underscores the impact that innovative companies are making globally, and Back Market's inclusion as a key industry leader in retail signifies a remarkable stride in its mission to reshape technology consumption.

Founded in 2014, Back Market has rapidly grown, now serving an impressive 18 million customers across 17 countries. The company focuses on selling high-quality, professionally refurbished smartphones, laptops, gaming consoles, and even home appliances, proving that refurbished tech can be a viable alternative to new products. As of 2025, Back Market reached a remarkable gross merchandise value of $3.5 billion, showcasing a significant surge in demand, particularly from U.S. consumers.

Thibaud Hug de Larauze, CEO and co-founder of Back Market, expressed gratitude for the accolade, highlighting that it reflects a crucial shift towards more sustainable tech consumption. According to him, the recognition is not just an award; it represents a paradigm shift in how consumers think about technology purchases. By providing affordable alternatives to brand-new devices, Back Market not only meets consumer needs but also champions the cause of reducing electronic waste and fostering a circular tech economy.

The list compiled by TIME includes 105 businesses from various sectors, selected based on their impact, innovation, ambition, and success. Time editors conducted a thorough evaluation after soliciting nominations and insights from a global network of contributors.

Back Market’s growth story is not merely about financial success. It is accompanied by a mission to change the narrative surrounding refurbished products, striving to make them mainstream. The stigma that typically surrounds refurbished tech is gradually dissipating, replaced by a growing public awareness of their benefits. This is evident as more consumers realize the quality and reliability of refurbished products, particularly through a trusted platform like Back Market.

The company’s focus on responsible consumption aligns perfectly with the current global emphasis on sustainability and environmental responsibility. This growing trend highlights the necessity for businesses, especially in the tech sector, to adopt sustainable practices as part of their core operational strategies.

As competition in the tech industry heats up, the distinction of being featured in TIME's list not only positions Back Market advantageously within the market but also lays the groundwork for continued growth and evolving consumer acceptance of refurbished technology. Looking ahead, Back Market is set to expand its services further, solidifying its role as a leader in promoting sustainable tech consumption.

In conclusion, Back Market’s recognition in TIME's Most Influential Companies list marks a significant milestone in the brand's journey. The acknowledgment not only provides validation for their business model but also serves as a call to action for other tech companies to reconsider their production and consumption practices in favor of more sustainable options. As consumers become more vigilant about the environmental impact of their purchases, Back Market stands at the forefront of transforming how technology is consumed around the world.