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Second-hand Electronic Products Market Share

Report ID: GMI8253
Published Date: Feb 2024
Report Format: PDF

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Second-hand Electronic Products Market Share

Global Company Market Share Analysis, 2023

In 2023, dominant market players, including Amazon, eBay Marketplace, Facebook Marketplace, Shopify, OfferUp. The top five companies collectively hold a substantial 20 -25% market share. This market is a highly fragmented market. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their electronic products and incorporate new technologies, allowing them to stay ahead of the competition.

Second-Hand Electronic Products Market Companies:

Major players operating in the industry include:

Amazon
eBay Marketplace
Facebook Marketplace
Shopify
OfferUp
Poshmark Marketplace
ThreadUp Marketplace
Tradesy Marketplace
Mercari, Inc.
Olx
Walmart

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market for second-hand electronic products was valued at USD 222 billion in 2023 and is anticipated to register a CAGR of over 3.8% between 2024 and 2032, driven by the rapid pace of technological innovation.

The smartphone & tablets product segment held a market share of 23% in 2023 and is set to gain traction till 2032, due to the frequent upgrade cycles and high demand for these devices.

North America second-hand electronic products industry held a revenue share of 29% in the year 2023 and is set to grow significantly till 2032, attributed to the increasing interest in pre-used products for economical rate as well as booming packaging sector.

Amazon, eBay Marketplace, Facebook Marketplace, Shopify, OfferUp, Poshmark Marketplace, ThreadUp Marketplace, Tradesy Marketplace, Mercari, Inc., Olx, Walmart are some of the major industry contenders.