- Increase in e-waste dumping and growing demand for affordable laptops and personal computers jointly spur demand for the refurbished computer and laptops market during the forecast period.
- Low consumer awareness about refurbished goods and limited supply chain of the required products are the major factors restraining growth.
- Asia Pacific is expected to dominate the refurbished computer and laptops market in the fastest period.
Refurbished computers and laptops are items that have been returned to the retailer or manufacturer for a refund by a customer or have just come off a lease. Also, a refurbished computer can have a slight defect or simply not have met a customer’s expectations.
The global refurbished computer and laptop Market is expected to grow in the forecast period through 2025.
Increase in e-waste dumping and growing demand for affordable laptops and personal computers jointly spur demand for the refurbished computer and laptops market during the forecast period. In addition, company-owned refurbished laptops and computers are backed by warranty, which are attracting consumers to use the low-cost products without compromising on standard working quality. This is anticipated to be a crucial factor piloting the growth of the refurbished laptops and computers market globally.
However, low consumer awareness about refurbished goods and limited supply chain of the required products are the major factors restraining growth of the Refurbished Computer and Laptops market in the forthcoming years.
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The Refurbished computer and laptop market consists of global and regional players including Dell Corporation, ASUSTeK Computer Inc., HP Development Company L.P., Apple Inc., Overcart, Reboot, Lenovo Group Limited, Amazon.com Inc., Acer Inc., Samsung Electronics Co. Ltd. and others.
The Refurbished computer and laptop market is bifurcated on the basis of type, end user, and region. On the basis of end user, the Refurbished computer and laptop machine market is classified into corporate offices, schools and colleges, government offices and low funded organizations. Further, based on type the market is fragmented into Company and Consumer Owned Refurbished Computer and Laptops
Refurbished computer and laptop market by region is segmented into North America, Europe, Latin America, Asia-Pacific and Middle East & Africa. Asia Pacific is expected to dominate the refurbished computer and laptops market in the fastest period, due to increase in the number of new start-up company and spurring demand for used and refurbished products such as Laptops and P.C by low funded start-up companies.
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