According to the latest research, the global Certified and Seller Refurbished Electronics market size was valued at USD 13368.0 million in 2022 and is expected to expand at a CAGR of 7.26% during the forecast period, reaching USD 20359.0 million by 2028.
Certified and Seller Refurbished Electronics are electronic devices that have been returned to the manufacturer or supplier for various reasons. These reasons may include customer dissatisfaction. These products are tested and certified to be free from defects before being re-launched on the market. Certified and Seller Refurbished electronics have been meticulously refurbished, restored, and inspected by the manufacturer or an authorized reseller to a pristine like-new, and fully functional condition.
Rising Environmental Awareness Boosts Certified and Seller Refurbished Electronics Market
In the global market, the production and disposal of electronic products have a negative impact on the environment. On the one hand, the electronics people use require materials such as gold, silver, silicon, lithium, and many more metals and rare earth elements, all of which need to be mined from the earth. Some of these materials are in short supply, such as cobalt (used in lithium batteries), and the mining of these materials has a huge negative impact on the environment. At the same time, the manufacturing process of electronic products also emits a large amount of pollutants into the air and water, which leads to soil and water pollution. On the other hand, e-waste is one of the growing problems worldwide. Electronic products contain large quantities of hazardous substances, and the consequences of improper disposal of electronic waste in landfills or other non-dumping sites pose a serious threat to public health today. When electronics are disposed of improperly and end up in landfills, they release toxic chemicals that affect the planet's air, soil, water and ultimately human health.
The Certified and Seller Refurbished Electronics industry contributes to the reduction of e-waste; at the same time, Certified and Seller Refurbished Electronics uses already manufactured components, thereby reducing the need for additional core minerals and various raw material resources such as plastics. This has a better protective effect on the environment.
Therefore, in the global market, with the increasing awareness of environmental protection, the concept of sustainable development and environmental protection has promoted the continuous development of the Certified and Seller Refurbished Electronics industry.
Region Overview:
In 2022, the share of the Certified and Seller Refurbished Electronics market in Europe stood at 29.34%.
Company Overview:
Best buy is one of the major players operating in the Certified and Seller Refurbished Electronics market, holding a share of 17.13% in 2023.
Best Buy is a consumer electronics retailer with operations in the United States, Mexico, and Canada. The company sells a wide variety of goods in its brick-and-mortar stores and online, including mobile phones, digital cameras, video games and music, as well as home appliances such as washing machines and refrigerators.
Amazon is an American multinational technology company focused on e-commerce, cloud computing, online advertising, digital streaming and artificial intelligence. The products offered by the company include Electronics, among others.
CeX is a UK second hand retail store specializing in technology, computing, video games, DVDs and technical repairs. It also sells new products.
Segmentation Overview:
By type, Online Shop segment accounted for the largest share of market in 2022.
Application Overview:
The market's largest segment by application is the segment Individual Consumer, with a market share of 80.44% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Certified and Seller Refurbished Electronics industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Certified and Seller Refurbished Electronics. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Certified and Seller Refurbished Electronics Market Report Include:
Market Size Estimates: Certified and Seller Refurbished Electronics market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Certified and Seller Refurbished Electronics market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Certified and Seller Refurbished Electronics market
Segment Market Analysis: Certified and Seller Refurbished Electronics market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Certified and Seller Refurbished Electronics market situations and prospects in major and top regions and countries
Certified and Seller Refurbished Electronics Market
Certified and Seller Refurbished Electronics Industry Chain: Certified and Seller Refurbished Electronics market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Certified and Seller Refurbished Electronics Industry News, Policies by regions
Certified and Seller Refurbished Electronics Industry Porters Five Forces Analysis
Key players in the global Certified and Seller Refurbished Electronics market are covered in Chapter 2:
Refurb.IO
Best buy
CeX
Mac Of All Trades
JemJem
NewEgg
Back Market
Amazon
Walmart
TechForLess
Refurb.Me
Gazelle
In Chapter 6 and Chapter 9, on the basis of types, the Certified and Seller Refurbished Electronics market from 2018 to 2028 is primarily split into:
Physical Store
Online Shop
In Chapter 7 and Chapter 10, on the basis of applications, the Certified and Seller Refurbished Electronics market from 2018 to 2028 covers:
Individual Consumer
Group
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Certified and Seller Refurbished Electronics market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Certified and Seller Refurbished Electronics industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Certified and Seller Refurbished Electronics market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Certified and Seller Refurbished Electronics industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Certified and Seller Refurbished Electronics market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Certified and Seller Refurbished Electronics market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Certified and Seller Refurbished Electronics market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Certified and Seller Refurbished Electronics are electronic devices that have been returned to the manufacturer or supplier for various reasons. These reasons may include customer dissatisfaction. These products are tested and certified to be free from defects before being re-launched on the market. Certified and Seller Refurbished electronics have been meticulously refurbished, restored, and inspected by the manufacturer or an authorized reseller to a pristine like-new, and fully functional condition.
Rising Environmental Awareness Boosts Certified and Seller Refurbished Electronics Market
In the global market, the production and disposal of electronic products have a negative impact on the environment. On the one hand, the electronics people use require materials such as gold, silver, silicon, lithium, and many more metals and rare earth elements, all of which need to be mined from the earth. Some of these materials are in short supply, such as cobalt (used in lithium batteries), and the mining of these materials has a huge negative impact on the environment. At the same time, the manufacturing process of electronic products also emits a large amount of pollutants into the air and water, which leads to soil and water pollution. On the other hand, e-waste is one of the growing problems worldwide. Electronic products contain large quantities of hazardous substances, and the consequences of improper disposal of electronic waste in landfills or other non-dumping sites pose a serious threat to public health today. When electronics are disposed of improperly and end up in landfills, they release toxic chemicals that affect the planet's air, soil, water and ultimately human health.
The Certified and Seller Refurbished Electronics industry contributes to the reduction of e-waste; at the same time, Certified and Seller Refurbished Electronics uses already manufactured components, thereby reducing the need for additional core minerals and various raw material resources such as plastics. This has a better protective effect on the environment.
Therefore, in the global market, with the increasing awareness of environmental protection, the concept of sustainable development and environmental protection has promoted the continuous development of the Certified and Seller Refurbished Electronics industry.
Region Overview:
In 2022, the share of the Certified and Seller Refurbished Electronics market in Europe stood at 29.34%.
Company Overview:
Best buy is one of the major players operating in the Certified and Seller Refurbished Electronics market, holding a share of 17.13% in 2023.
Best Buy is a consumer electronics retailer with operations in the United States, Mexico, and Canada. The company sells a wide variety of goods in its brick-and-mortar stores and online, including mobile phones, digital cameras, video games and music, as well as home appliances such as washing machines and refrigerators.
Amazon is an American multinational technology company focused on e-commerce, cloud computing, online advertising, digital streaming and artificial intelligence. The products offered by the company include Electronics, among others.
CeX is a UK second hand retail store specializing in technology, computing, video games, DVDs and technical repairs. It also sells new products.
Segmentation Overview:
By type, Online Shop segment accounted for the largest share of market in 2022.
Application Overview:
The market's largest segment by application is the segment Individual Consumer, with a market share of 80.44% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Certified and Seller Refurbished Electronics industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Certified and Seller Refurbished Electronics. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Certified and Seller Refurbished Electronics Market Report Include:
Market Size Estimates: Certified and Seller Refurbished Electronics market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Certified and Seller Refurbished Electronics market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Certified and Seller Refurbished Electronics market
Segment Market Analysis: Certified and Seller Refurbished Electronics market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Certified and Seller Refurbished Electronics market situations and prospects in major and top regions and countries
Certified and Seller Refurbished Electronics Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Certified and Seller Refurbished Electronics Industry Chain: Certified and Seller Refurbished Electronics market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Certified and Seller Refurbished Electronics Industry News, Policies by regions
Certified and Seller Refurbished Electronics Industry Porters Five Forces Analysis
Key players in the global Certified and Seller Refurbished Electronics market are covered in Chapter 2:
Refurb.IO
Best buy
CeX
Mac Of All Trades
JemJem
NewEgg
Back Market
Amazon
Walmart
TechForLess
Refurb.Me
Gazelle
In Chapter 6 and Chapter 9, on the basis of types, the Certified and Seller Refurbished Electronics market from 2018 to 2028 is primarily split into:
Physical Store
Online Shop
In Chapter 7 and Chapter 10, on the basis of applications, the Certified and Seller Refurbished Electronics market from 2018 to 2028 covers:
Individual Consumer
Group
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Certified and Seller Refurbished Electronics market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Certified and Seller Refurbished Electronics industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Certified and Seller Refurbished Electronics market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Certified and Seller Refurbished Electronics industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Certified and Seller Refurbished Electronics market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Certified and Seller Refurbished Electronics market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Certified and Seller Refurbished Electronics market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.