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This way we can make gadgets more sustainable in 2023

Did you know the world is predicted to produce more than 50 million tons of e-waste this year? And according to the latest statisticsless than 20% of this is recycled properly, meaning huge amounts end up in landfills.

Gadgets play a major role in this. Just consider that 5.3 billion smartphones are expected to be discarded by 2022.

But here’s the good news: gadgets will become more sustainable in 2023, all thanks to the emerging trend of circularity.

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“In large markets like Europe, consumers are looking for more sustainable, sustainable products,” said Stanton Thomas, senior vice president, sustainability solutions at o9 solutionstold TNW.

More durable products are likely to lead to fewer sales over time because of “lower replacement rates.” This is something manufacturers should consider in their business models, as these kinds of economic trade-offs – Stanton explained – are expected to mark “the transition to a sustainable, circular economy.”

how we can make our gadgets more sustainable in 2023

According to Matthew Cockerill – an innovation consultant – manufacturers are already starting to focus on making their tech products last longer. And that is for three reasons: pressure from interest groupschanges in customer behavior and recent legislation regarding the right to repair in Europe.

As Cockerill pointed out, this explains Collaboration between Samsung and Google with iFixit to supply spare parts, and Apple’s rollout of the Self-service repair shop for its products.

“Going forward, these forces will shape the architecture of our technology products and how they are sold, serviced and regenerated, while also changing our attitude towards some of our established technology products,” he told TNW.

This, he says, will turn some of “our established tech products” into “product classics,” which will retain their “validity” and “desirability” for up to ten years — rather than being thrown away or recycled prematurely.

The further we get into the next year, the more we’ll see this kind of scheme increase, with companies trying to design their devices to last as long as possible.

But besides durability and repair, there is another big trend that will make gadgets more durable in 2023.

The opportunity to redecorate

“Reselling gadgets to fixer-uppers extends the life of technology because they can then be professionally repaired and resold,” said Thibaud Hug de Larauze, CEO and co-founder of Back Market — a Paris-based marketplace for refurbished appliances — told TNW. This is because “recycling is not yet sophisticated enough” to salvage every part of a device.

In fact, consumer interest in refurbished devices is growing. A recent survey Keany found that 28% of over 5,000 consumers in Europe and North America would choose a high-quality refurbished product over a lower-quality, brand-new product. And the global market for refurbished electronics is predicted grow at an annual compound growth rate of 12.1% between 2022 and 2031.

back market renovated