The refurbished computers and laptops market is emerging as a significant segment within the global electronics and IT hardware industry. As sustainability initiatives, cost efficiency, and circular economy principles gain traction worldwide, refurbished devices are increasingly becoming a preferred alternative to new products.

The global refurbished computers and laptops industry was valued at US$ 5,950.5 Mn in 2024. The market is projected to grow at a CAGR of 9.7% from 2025 to 2035, reaching approximately US$ 16,293.2 Mn by the end of 2035. This robust growth reflects rising environmental awareness, corporate IT optimization strategies, and expanding digital access across emerging economies.

Key Market Drivers

1. Growing Focus on Sustainability and E-Waste Reduction

Electronic waste is one of the fastest-growing waste streams globally. Refurbishing extends product lifecycles, reduces landfill waste, and minimizes resource extraction. Governments and corporations are increasingly adopting refurbishment as part of their sustainability commitments and ESG goals.

2. Cost-Effective IT Solutions

Refurbished computers and laptops offer significant cost savings—often 30–50% lower than new devices—making them attractive for startups, SMEs, educational institutions, and public sector organizations.

3. Corporate IT Asset Management Programs

Large enterprises regularly upgrade their IT infrastructure. Refurbishment and resale of older devices create structured secondary markets supported by certified vendors and IT asset disposition (ITAD) services.

4. Digital Inclusion Initiatives

Governments and NGOs are leveraging refurbished devices to bridge the digital divide by supplying affordable computers to schools and low-income communities.

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Market Segmentation Analysis

By Type

• Computer
• Laptop

The laptop segment dominates due to growing demand for portable workstations driven by hybrid work models, remote learning, and mobility requirements. Desktop computers continue to maintain steady demand within enterprise and institutional environments.

By End-use

• Corporate Offices
• Educational Institute
• Government Offices
• Others

Corporate offices represent a major share of demand, supported by structured IT lifecycle management. However, the educational institute segment is witnessing strong growth due to digital learning programs and government-backed education initiatives.

Government offices also contribute significantly, particularly in developing economies where budget constraints encourage procurement of refurbished systems.

By Distribution Channel

• Direct
• Indirect

Indirect distribution channels, including online marketplaces and third-party refurbishers, account for a significant market share. E-commerce platforms have enhanced consumer confidence by offering warranties, certifications, and return policies.

Meanwhile, direct channels—including manufacturer-certified refurbished programs—are gaining popularity due to quality assurance and brand trust.

Technological and Market Trends

Certified Refurbishment Programs

Leading manufacturers now offer certified refurbished products with warranty coverage, strengthening customer confidence and improving brand perception.

Growth of ITAD Services

IT Asset Disposition services ensure secure data wiping, responsible recycling, and resale of used devices, driving professionalization of the refurbished ecosystem.

Rising Consumer Acceptance

Improved quality control, testing standards, and transparency have reduced stigma associated with refurbished electronics. Consumers now view them as smart and sustainable purchases rather than compromised alternatives.

Expansion of Online Platforms

Online retail channels have significantly boosted accessibility. Detailed grading systems, warranty options, and customer reviews enhance transparency and purchasing confidence.

Competitive Landscape

The refurbished computers and laptops market features a mix of original equipment manufacturers (OEMs), certified refurbishers, ITAD providers, and online resellers.

Key Companies Profiled:

• Apple Inc.
• Lenovo
• HP Development Company, L.P
• 2ndgear
• Acer Inc.
• ASUSTeK Computer Inc
• Dell Inc.
• GigaRefurb
• Microsoft Corporation
• OCM Business Systems Ltd
• Samsung Electronics Co. Ltd.
• PCLiquidations
• Arrow Electronics, Inc.
• Sims Lifecycle Services
• Insight

Major players focus on:

• Expanding certified refurbished product lines
• Strategic partnerships with enterprises
• Enhanced warranty and support offerings
• Global distribution expansion
• Data security compliance and ITAD solutions

OEM-backed refurbishment programs from Apple, Dell, HP, and Lenovo are particularly strengthening trust and driving mainstream adoption.

Regional Outlook

North America and Europe currently dominate the market due to high IT penetration and strong sustainability regulations. Asia-Pacific is projected to witness the fastest growth due to expanding digitalization, growing SME sector, and cost-conscious consumers.

Emerging markets in Latin America and Africa also present strong growth potential as refurbished devices support affordable digital transformation.

Future Outlook (2025–2035)

With a projected CAGR of 9.7%, the refurbished computers and laptops market is set to more than double in size by 2035. Growth will be fueled by:

• Corporate ESG commitments
• Circular economy initiatives
• Rising device upgrade cycles
• Increasing educational digitization
• Growing acceptance of sustainable IT procurement

The market is transitioning from a price-driven segment to a sustainability-driven strategic industry.

Frequently Asked Questions (FAQs)

1. What is the size of the refurbished computers and laptops market in 2024?

The market was valued at US$ 5,950.5 million in 2024.

2. What is the projected market value by 2035?

The market is expected to reach US$ 16,293.2 million by the end of 2035.

3. What is the growth rate of the market?

The market is estimated to grow at a CAGR of 9.7% from 2025 to 2035.

4. Which end-use segment dominates the market?

Corporate offices account for a major share due to structured IT lifecycle management programs.

5. Why are refurbished laptops gaining popularity?

Refurbished laptops are cost-effective, environmentally sustainable, and increasingly supported by certified programs offering warranties and quality assurance.