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The Boom in Second-Hand Electronics Sales: Is It All About Price, Not the Environment?

With 93% of Europeans citing the cost-of-living crisis as their biggest personal concern, cheaper second-hand electronics are becoming more popular. Used smartphone sales increased by 20% every year in Europe between 2016 and 2020. Retail giant Currys recently added second-hand products to their website for the first time in February. The next UN report on global e-waste generation may indicate that e-waste's growth is being stemmed by the second-hand electronics and electrical device market. Even though many people are not buying second-hand electronics for environmental reasons, purchasing used devices is still better for the environment, and data shows that more people are becoming aware of this fact.

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