PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1616016
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1616016
Refurbished Computers And Laptop Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
The Global Refurbished Computers and Laptop Market was worth USD 5.1 billion in 2023 and will record a 5.7% CAGR from 2024 and 2032 due to the growing focus on sustainability and environmental conservation. As consumers and businesses become more eco-conscious, they increasingly seek cost-effective alternatives to purchasing new devices. Refurbished computers and laptops reduce electronic waste and promote resource conservation by extending the lifespan of existing technology. Additionally, advancements in refurbishment processes ensure high-quality products, further boosting demand.
This sustainability-driven shift is expected to considerably influence the market future growth trajectory. The overall refurbished computers & laptop industry is segregated based on grade, operating system, screen size, end user, distribution channel, and region. The Grade A segment held USD 2.5 billion in 2023 and will grow at a 6% CAGR through 2032. Grade A devices are those in near-mint condition, typically exhibiting minimal signs of wear and tear with no major cosmetic or functional defects. These high-quality refurbished devices appeal to consumers seeking reliable, affordable alternatives to new products.
The strong demand for Grade A devices is driven by their excellent performance and cost-effectiveness, making them a preferred choice in the market. The Windows segment commanded a substantial 71.4% of the total market share in 2023 and will establish a 5.9% CAGR from 2024-2032 due to the widespread use of the Windows operating system in various settings. Its popularity among consumers and businesses alike is driven by its compatibility, user-friendly interface, and robust performance. As organizations increasingly seek cost-effective solutions without compromising on quality, refurbished devices running Windows become highly appealing.
| Market Scope | |
|---|---|
| Start Year | 2023 |
| Forecast Year | 2024-2032 |
| Start Value | $5.1 Billion |
| Forecast Value | $8.5 Billion |
| CAGR | 5.7% |
The segment's dominance is further supported by a growing emphasis on sustainability, encouraging the purchase of refurbished technology as a viable alternative to new devices. North America refurbished computers & laptops market achieved USD 1.6 billion and will experience a 6.1% CAGR throughout 2032. The market is experiencing strong growth fueled by a mix of cost-effectiveness, environmental awareness, and technological advancements. The region's focus on sustainability has prompted both consumers and businesses to opt for refurbished devices to minimize electronic waste and reduce carbon footprints. Furthermore, the increase in online learning and remote work has intensified the need for cost-effective technology solutions, thus making refurbished laptops and computers more attractive to consumers.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis.
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Cost-effectiveness
- 3.2.1.2 Sustainability and environmental awareness
- 3.2.1.3 Growing demand from emerging markets
- 3.2.2 Industry pitfalls & challenges
- 3.2.2.1 Perception of quality and reliability
- 3.2.2.2 Supply chain challenges
- 3.2.1 Growth drivers
- 3.3 Growth potential analysis
- 3.4 Porter's analysis
- 3.5 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Global Refurbished Computers & Laptops Market Estimates & Forecast, By Grade (USD Billion)
- 5.1 Key trends
- 5.2 Grade A
- 5.3 Grade B
- 5.4 Grade C
- 5.5 Grade D
Chapter 6 Global Refurbished Computers & Laptops Market Estimates & Forecast, By Operating System (USD Billion)
- 6.1 Key trends
- 6.2 Windows refurbished computers & laptops
- 6.3 Mac refurbished computers & laptops
Chapter 7 Global Refurbished Computers & Laptops Market Estimates & Forecast, By Screen Size (USD Billion)
- 7.1 Key trends
- 7.2 11-13 inches
- 7.3 14-16 inches
- 7.4 17 inches and above
Chapter 8 Global Refurbished Computers & Laptops Market Estimates & Forecast, By End User (USD Billion)
- 8.1 Key trends
- 8.2 Individual consumers
- 8.3 Businesses
- 8.4 Others
Chapter 9 Global Refurbished Computers & Laptops Market Estimates & Forecast, By Distribution Channel (USD Billion)
- 9.1 Key trends
- 9.2 Direct
- 9.3 Indirect
Chapter 10 Global Refurbished Computers & Laptops Market Estimates & Forecast, By region (USD Billion)
- 10.1 Key trends, by regions
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Rest of Asia Pacific
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
- 10.6 MEA
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 South Africa
- 10.6.4 Rest of MEA
Chapter 11 Company Profiles
- 11.1 Amazon Renewed
- 11.2 Apple Certified Refurbished Inc.
- 11.3 Arrow Direct
- 11.4 Asustek Computer Inc.
- 11.5 Dell Refurbished
- 11.6 Fujitsu Limited
- 11.7 HP Renew
- 11.8 International Business Machines (IBM)
- 11.9 Lenovo Group Limited
- 11.10 LG Electronics Inc.
- 11.11 Microsoft Corporation
- 11.12 Micro-Star International (MSI) Co., Ltd.
- 11.13 Panasonic Corporation
- 11.14 Samsung Electronics Co., Ltd.
- 11.15 Sony Corporation
- 11.16 Toshiba Corporation
