Global Refurbished Computer and Laptops Market By Type (Company Owned Refurbished Computer and Laptops, and Consumer Owned Refurbished Computer and Laptops), By Application (Corporate Offices, Schools and Colleges, Government Offices, and Low Funded Organization), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

The global Refurbished Laptops and Computer market is projected to be USD 5,088.8 Mn in 2021 to reach USD 12,476.1 Mn by 2032 at a CAGR of 8.7%.

Refurbished Laptops and Computer Market Overview:

Sales of refurbished electronics particularly, refurbished computers and laptops, are soaring these days. Laptops or computers are sent back to the manufacturer if the buyer finds the screen of electronic is scratched or has some minor blemishes, it is unwanted to him or if it has a dented packaging.

These reverted products are tested and inspected again for quality check and then repacked by the manufacturers and sold again, and this time for a very less price.

These kinds of electronics are called refurbished products. Hence, refurbished computers and laptops are the used goods, which are repaired either by the manufacturer or by an authorized third party.

Laptops or computers in the factory undergo several rechecking for detection of any manufacturing defects and have to pass through various stages of examination and after proper testing and repairing, pushed back again into the supply chain. Refurbished products are updated with an entirely different serial number to mark it as factory refurbished. 

Global Refurbished Laptops and Computer Market Revenue (US$ Mn), 2020–2029

The increase in the number of government regulations and initiatives on the use of e-waste by government agencies has promoted market growth. E-waste is a major threat to the environment because the toxins released by e-waste pollute soil and water bodies.

The government is implementing strict regulations on reducing e-waste, as major players (such as Apple Inc.) are promoting the sale of refurbished electronic products to push these used products back into the supply chain. Using refurbished electronic products will not only help reduce e-waste, but will further help the company find business opportunities from old products.

A refurbished laptop may come with few hidden damages and might work for a shorter period than a new laptop, thus being expensive in the long run, which might dampen the growth of refurbished computer and laptops market.

Global Refurbished Laptops and Computer Market Attractiveness Analysis by Refurbished Laptops and Computer Type, 2020–2029

The research report on the global Refurbished Laptops and Computer market includes profiles of some of the major companies such as Samsung Electronics Co.Ltd., Apple Inc., Acer Inc., Actuant Corporation, Lenovo Group Ltd, Hewlett-Packard (HP Development Company L.P.), Asus, Reboot Systems India Private Limited., Laptops Direct and others. 

Segmentation:

Based on Type

• Laptop
• Computer

Based on Distribution Channel

• Online
• Offline

Based on End-User

• Personal
• Commercial

Major Key Players

• Samsung Electronics Co.Ltd.
• Apple Inc.
• Acer Inc.
• Actuant Corporation
• Lenovo Group Ltd
• Hewlett-Packard (HP Development Company L.P.)
• Asus
• Reboot Systems India Private Limited.
• Laptops Direct
• others

For the Refurbished Computer And Laptops Market research study, the following years have been considered to estimate the market size: