Get ready for the great American TV trade-in rush

In 2020, as the COVID-19 pandemic forced people to spend more time at home, there was a significant increase in the purchase of new televisions, with around 315.6 million sets sold globally—a 6% rise from the previous year. Now, these pandemic-era TVs are reaching the age where many consumers consider replacements. This coincides with a time when larger screens are becoming more affordable, and a busy sports calendar is driving demand for better viewing experiences. The combination of aging TVs and enticing new options is likely to spur another wave of television purchases. QUESTION: How might the trend of replacing TVs more frequently impact the environment, and what steps could be taken to address these effects? 

Discover more from News Up First

Subscribe now to keep reading and get access to the full archive.

Continue reading