A recent report published by Infinium Global Research on
refurbished computers and laptops market provides in-depth analysis of segments
and sub-segments in the global as well as regional refurbished computers and
laptops market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional refurbished computers and
laptops market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
refurbished computers and laptops market. According to the report, the global
refurbished computers and laptops market is projected to grow at a CAGR of
11.2% over the forecast period of 2019-2025.
Refurbished computers and laptops are used computers and
laptops that are repaired by the manufacturers. After proper repair and
testing, the product is pushed to the supply chain. These products are a better
option to reduce e-waste and stimulate the reusability of the products.
Customers are adopting cost-efficient methods to purchase computers and laptops
which favor the growth of refurbished computers and laptops market.
Strict regulations regarding e-waste drive the growth of
refurbished computers and laptops market. A study estimated that in 2017,
worldwide there were approximately 50 million tonnes of e-waste discarded and
only 20% of that is formally recycled. Further, the availability of refurbished
devices at pocket-friendly prices led to a rise in demand for refurbished
computers and laptops. The emergence of recommerce platforms contributes to the
expansion of refurbished computers and laptops market. Additionally, the
enhanced user experience with the use of second-hand devices that offer excellent
reliability and versatility stimulates the expansion of refurbished computers
and laptops market. Market players are focused on providing a wide range of
add-ons that raises user experiences. Budget constraints in the IT sector
complement the demand for refurbished computers and laptops. On the flip side,
less awareness about the refurbished products and limited supply chain
restraint the growth of refurbished computers and laptops market. Moreover,
improved supply chain creates several opportunities for the expansion of
refurbished computers and laptops market.
Geographically, the global refurbished computers and laptops
market is divided into North America, Asia-Pacific, Europe, and the Rest of the
World. North America is anticipated to hold a major share in the global
refurbished computers and laptops market. The growth in the region is
attributed to the strict government regulations for the reduction of e-waste in
North America. Europe has a healthy CAGR over the forecast period in the global
refurbished computers and laptops market. The rising focus on reducing e-waste
in Europe is a major contributor to the development of refurbished computers
and laptops market in Europe. Asia-Pacific region is expected to grow in the
global refurbished computers and laptops market at the fastest CAGR over the
forecast period. The growing number of startup companies in the Asia-Pacific
region led to a surge in demand for refurbished computers and laptops by the
low funded start-up companies.
The report on global refurbished computers and laptops
market covers segments such as type, distribution channel, and end user. On the
basis of type, the sub-markets include computers, and laptops. On the basis of
distribution channel, the sub-markets include distributors, OEMs, and online.
On the basis of end user, the sub-markets include enterprises, government,
educational institute, and personal.
The report provides profiles of the companies in the market
such as Apple Inc., International Business Machine Corporation, HP Development
Company L.P., Dell Inc., ASUSTeK Computers Inc., Amazon.com, Inc., Reboot
Systems India Private Limited, Samsung Electronics Co. Ltd., Lenovo Group Ltd.,
Acer Inc., and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of refurbished
computers and laptops market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.