Sale

Market Size

Germany Refurbished Retail Market Size, Share, Analysis: By Type: Certified Refurbished, Seller Refurbished; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Germany Refurbished Retail Market Size

The Germany refurbished retail market reached nearly USD 2,940.73 million in 2023. The market is estimated to grow at a CAGR of 14.5% during 2024-2032 to reach a value of USD 10,203.99 million by 2032.

 

Key Takeaways

  • The service sector in Germany accounts for a significant share of Germany’s GDP. In 2018, the service sector accounted for a share of 61.2% and grew by 2.1% to reach 63.3% in 2020.
  • Due to the extended warranty and return policy offered by the resellers, the interest of startups and SMEs in buying refurbished devices to lower their capital has surged.
  • With initiatives like the Circular Economy Initiative Germany (CEID), the country is adopting a forward-looking framework for changing the outlook of businesses along with science and politics.

 

The country is witnessing a higher demand for certified refurbished products as they guarantee improved quality and an extended warranty, thereby aiding the Germany refurbished retail market expansion. With this, companies such as eBay are focusing on expanding their certified refurbishment programmes to provide consumers with sustainable and cost-effective shopping alternatives in the form of second-hand or refurbished goods.

 

Germany is a country with a sizeable population and a high rate of internet usage. A large number of the population routinely purchase online, and the country is a top market in terms of purchasing power and internet usage in all of Europe. Thus, leading companies are increasing their online presence to target potential customers and are focusing on offering improved online services to users.

 

The online goods trade is gaining massive traction in Germany, as many people are inclined towards online retail stores to purchase electronics, furniture, computers, and other items. The e-commerce penetration in the German market reached 77% in 2021, driven by the perceived benefits of online shopping, which include home delivery, 24/7 availability, and convenience. Amazon.de, otto.de, zalando.de, mediamarkt.de, and lidl.de are the top five online retailers in Germany, accounting for over 45% share in the German e-commerce market.

 

Germany Refurbished Retail Market Report Snapshots

Germany Refurbished Retail Market Size

Germany Refurbished Retail Market Trends

Germany Refurbished Retail Companies

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Germany Electronics Market Overview
9    Germany Refurbished Retail Market Overview

    9.1    Key Industry Highlights
    9.2    Germany Refurbished Retail Historical Market (2018-2023) 
    9.3    Germany Refurbished Retail Market Forecast (2024-2032)
    9.4    Germany Refurbished Retail Market Share by Type 
        9.4.1    Certified Refurbished 
        9.4.2    Seller Refurbished
10    Germany Certified Refurbished Retail Market Analysis
    10.1    Key Industry Highlights
    10.2    Germany Certified Refurbished Retail Historical Market (2018-2023) 
    10.3    Germany Certified Refurbished Retail Market Forecast (2024-2032)    
    10.4    Germany Refurbished Retail Market by Product Category 
        10.4.1    Mobile Phones
            10.4.1.1    Historical Trend (2018-2023)
            10.4.1.2    Forecast Trend (2024-2032)
        10.4.2    Computers and Laptops
            10.4.2.1    Historical Trend (2018-2023)
            10.4.2.2    Forecast Trend (2024-2032)
        10.4.3    Tablets
            10.4.3.1    Historical Trend (2018-2023)
            10.4.3.2    Forecast Trend (2024-2032)
        10.4.4    Smart Watches
            10.4.4.1    Historical Trend (2018-2023)
            10.4.4.2    Forecast Trend (2024-2032)
        10.4.5    Networking and Gaming, VR, Video Game Console
            10.4.5.1    Historical Trend (2018-2023)
            10.4.5.2    Forecast Trend (2024-2032)
        10.4.6    Home Audio and HiFi, DVD, Blu-Ray, and Home Cinema 
            10.4.6.1    Historical Trend (2018-2023)
            10.4.6.2    Forecast Trend (2024-2032)
        10.4.7    Health and Beauty (Hair Care and Other Styling Products) 
            10.4.7.1    Historical Trend (2018-2023)
            10.4.7.2    Forecast Trend (2024-2032)
        10.4.8    Others
    10.5    Germany Certified Refurbished Retail Market by Business Type 
        10.5.1    B2B
            10.5.1.1    Historical Trend (2018-2023)
            10.5.1.2    Forecast Trend (2024-2032)
        10.5.2    B2C
            10.5.2.1    Historical Trend (2018-2023)
            10.5.2.2    Forecast Trend (2024-2032)
11    Germany Seller Refurbished Retail Market Analysis
    11.1    Key Industry Highlights
    11.2    Germany Seller Refurbished Retail Historical Market (2018-2023) 
    11.3    Germany Seller Refurbished Retail Market Forecast (2024-2032)    
    11.4    Germany Seller Refurbished Retail Market by Product Category 
        11.4.1    Mobile Phones
            11.4.1.1    Historical Trend (2018-2023)
            11.4.1.2    Forecast Trend (2024-2032)
        11.4.2    Computers and Laptops
            11.4.2.1    Historical Trend (2018-2023)
            11.4.2.2    Forecast Trend (2024-2032)
        11.4.3    Tablets
            11.4.3.1    Historical Trend (2018-2023)
            11.4.3.2    Forecast Trend (2024-2032)
        11.4.4    Smart Watches
            11.4.4.1    Historical Trend (2018-2023)
            11.4.4.2    Forecast Trend (2024-2032)
        11.4.5    Networking and Gaming, VR, Video Game Console
            11.4.5.1    Historical Trend (2018-2023)
            11.4.5.2    Forecast Trend (2024-2032)
        11.4.6    Home Audio and HiFi, DVD, Blu-Ray, and Home Cinema 
            11.4.6.1    Historical Trend (2018-2023)
            11.4.6.2    Forecast Trend (2024-2032)
        11.4.7    Health and Beauty (Hair Care and Other Styling Products) 
            11.4.7.1    Historical Trend (2018-2023)
            11.4.7.2    Forecast Trend (2024-2032)
        11.4.8    Others
    11.5    Germany Seller Refurbished Retail Market by Business Type 
        11.5.1    B2B
            11.5.1.1    Historical Trend (2018-2023)
            11.5.1.2    Forecast Trend (2024-2032)
        11.5.2    B2C
            11.5.2.1    Historical Trend (2018-2023)
            11.5.2.2    Forecast Trend (2024-2032)
12    Market Dynamics
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyer’s Power
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators of Demand
    12.4    Key Indicators of Price
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Refurbed GmbH 
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Back Market, Inc. 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Amazon Inc. 
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Rebuy recommerce GmbH 
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    eBay Inc. 
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Swappie Oy 
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Apple Inc. 
            13.2.7.1    Company Overview
            13.2.7.2    Product Portfolio
            13.2.7.3    Demographic Reach and Achievements
            13.2.7.4    Certifications
        13.2.8    Others
14    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Germany Refurbished Retail Market: Key Industry Highlights, 2018 and 2032
2.    Germany Certified Refurbished Retail Market: Key Industry Highlights, 2018 and 2032
3.    Germany Certified Refurbished Retail Historical Market: Breakup by Product Category (USD Million), 2018-2023
4.    Germany Certified Refurbished Retail Market Forecast: Breakup by Product Category (USD Million), 2024-2032
5.    Germany Certified Refurbished Retail Historical Market: Breakup by Business Type (USD Million), 2018-2023
6.    Germany Certified Refurbished Retail Market Forecast: Breakup by Business Type (USD Million), 2024-2032
7.    Germany Seller Refurbished Retail Market: Key Industry Highlights, 2018 and 2032
8.    Germany Seller Refurbished Retail Historical Market: Breakup by Product Category (USD Million), 2018-2023
9.    Germany Seller Refurbished Retail Market Forecast: Breakup by Product Category (USD Million), 2024-2032
10.    Germany Seller Refurbished Retail Historical Market: Breakup by Business Type (USD Million), 2018-2023
11.    Germany Seller Refurbished Retail Market Forecast: Breakup by Business Type (USD Million), 2024-2032
12.    Germany Refurbished Retail Market Structure

Key Questions Answered in the Report

The refurbished retail market in Germany reached a value of USD 2,940.73 million in 2023.

The market is projected to grow at a CAGR of 14.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 10,203.99 million by 2032.

The product categories are mobile phones, computer and laptops, tablets, smartwatches, networking and gaming, VR, video games-consoles, home audio and Hifi, DVD, Blu-ray and home cinema, health and beauty (hair care and other styling products), and others.

The factors driving the market are increasing internet penetration, rising adoption of cost-effective products by the German population, and increasing sustainability concerns.

About 93% of German adults are online, representing the use of the internet at least occasionally or access to the internet via a smartphone.

The service sector in Germany accounts for a significant share of Germany’s GDP. In 2018 the service sector accounted for a share of 61.2%, which increased to 63.3% in 2020.

The key players in the market include Refurbed GmbH, Back Market, Inc., Amazon Inc., Rebuy recommerce GmbH, eBay Inc., Swappie Oy, and Apple Inc., among others.

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