As of 2023, there were 1.26 thousand enterprises involved in household appliances, home, and garden equipment repair in the UK. According to forecasts, this number is expected to steadily rise through to 2028, from 1.28 thousand in 2024 to 1.36 thousand in 2028.
Year-on-year growth rates indicate a consistent increase of approximately 1.54% annually between 2024 and 2028. The compound annual growth rate (CAGR) over this five-year period suggests an average annual growth of 1.54%.
Looking ahead, trends to watch for include advancements in technology, which may influence the demand for repair services, and changing consumer preferences toward sustainability and repair instead of replacement. Additionally, regulatory changes and economic factors may impact market dynamics and growth forecasts.
