Refurbished Laptop Market Outlook 2024-2033: Trends and Projections

The refurbished laptop global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Refurbished Laptop Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The refurbished laptop market size has grown strongly in recent years. It will grow from $7.24 billion in 2023 to $7.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%.  The  growth in the historic period can be attributed to rising prices of new devices, e-commerce growth, increased awareness of environmental sustainability, economic factors, efficient refurbishment processes, and growing acceptance and trust in refurbished products.

The refurbished laptop market size is expected to see strong growth in the next few years. It will grow to $10.15 billion in 2028 at a compound annual growth rate (CAGR) of 7%.  The growth in the forecast period can be attributed to continued growth of e-waste, increasing demand for sustainable alternatives such as refurbished laptops, adoption of circular economy principles, expansion of online platforms and marketplaces, integration of refurbished laptop programs. Major trends in the forecast period include sustainability emphasis, rising demand for affordable computing, technological advancements in refurbishment, e-commerce growth, corporate sustainability initiatives, government regulations, consumer confidence, education and awareness campaigns, product innovation, and emerging markets.

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Scope Of Refurbished Laptop Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Refurbished Laptop Market Overview

Market Drivers –
The increasing e-waste is expected to propel the refurbished laptop market in the forecast period. E-waste refers to discarded electronic devices and equipment, including computers, mobile phones, and household appliances, which pose environmental and health risks if not adequately managed or recycled. The use of refurbished laptops helps mitigate e-waste by extending the lifespan of electronic devices and reducing the volume of discarded electronics. For instance, in March 2024, according to a report published by the United Nations Institute for Training and Research (UNITAR), a Switzerland-based agency dedicated to providing training and research to support global sustainable development goals, global e-waste production reached a record high of 62 million metric tons in 2022 (Mt), marking an 82% increase from levels recorded in 2010, and it is projected to reach 82 million metric tons by 2030, reflecting a further 32% increase. Therefore, increasing e-waste will drive the growth of the refurbished laptop market.

Market Trends –
Major companies operating in the process control automation market are developing advanced software-centric industrial automation systems, such as EcoStruxure Automation Expert, to serve customers with advanced features better. EcoStruxure Automation Expert is software-centric industrial automation software that controls and manages various aspects of industrial processes and machinery. It is used to automate and optimize tasks traditionally performed by human operators or mechanical systems. For instance, in December 2022, Schneider Electric, a France-based digital automation company, launched the EcoStruxure Automation Expert. The unique features of EcoStruxure Automation Expert offer consumer-packaged goods, logistics, and water and wastewater operations unparalleled automation capabilities and operational flexibility. These include expanded libraries for segment functions and energy management devices, an improved user experience in the build time tool, enhanced built-in cybersecurity measures, and support for additional engineering input formats like DEXPI and Excel. Moreover, the solution offers language support in Chinese, English, French, German, Italian, Portuguese, and Spanish, along with enriched documentation.

The refurbished laptop market covered in this report is segmented –
1) By Grade: Grade A, Grade B, Grade C, Grade D
2) By Operating System:  Windows Refurbish Laptops, Mac Refurbish Laptops, Other Operating Systems
3) By Screen Size: 11-13 Inches, 14-16 Inches, 17 Inches And Above
4) By Distribution Channel: Direct, Indirect
5) By End User: Individual Consumers, Businesses, Other End Users

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Regional Insights –
North America was the largest region in the refurbished laptop market in 2023. The regions covered in the refurbished laptop market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies –
Major companies operating in the refurbished laptop market are Walmart Inc., Amazon.com Inc, Microsoft Corporation, Dell Technologies Inc., Apple Inc., Hewlett-Packard Development Company, Lenovo Group Limited, Best Buy Co. Inc., Staples Inc., Office Depot Inc., eBay Inc., Micro Center Refurbished, Overstock Refurbished, Newegg Inc., Back Market, MacMall Refurbished, ecoATM Gazelle LLC, Mac of All Trades LLC, Tech for Less Inc., PCMag Shop Refurbished, Glyde Corporation, Acer Inc.

Table of Contents
1. Executive Summary
2. Refurbished Laptop Market Report Structure
3. Refurbished Laptop Market Trends And Strategies
4. Refurbished Laptop Market – Macro Economic Scenario
5. Refurbished Laptop Market Size And Growth
…..
27. Refurbished Laptop Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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