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Written by Stefan Van Rompaey
In this article
  • Companies AmazonAppleeBay
  • Topics Sustainability
  • Geography Europe
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By 2030, one smartphone in six will be refurbished

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Electronics27 June, 2024
Shutterstock.com

By 2025, online will account for more than half of consumer electronics sales in Europe. Marketplaces increase their share, market growth comes mainly from second-hand – especially refurbished smartphones.

Growth for cross-border trade

The total consumer electronics market is expected to grow by 1.25 % a year in the coming years, from 202 billion euros today to 210 billion in 2025. Half of that turnover will come from the so-called “3C” product categories (computers, communications and consumer electronics), the rest from white goods and household appliances.

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