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.