In 2023, the turnover per employee in the UK consumer electronics repair industry stood at approximately 66.8 thousand euros. The forecast data from 2024 to 2028 shows a gradual decline, with a decrease in value each year. Specifically, from 2024 to 2025, the turnover per employee is projected to drop by approximately 2.09%. Similar downward trends continue annually, with an average decrease of about 2.06% over the five-year period, resulting in a compound annual growth rate (CAGR) of -2.06%.
Future trends to watch for include:
- Increasing adoption of newer technologies may require enhanced repair skills and tools, influencing productivity and turnover.
- Shifts in consumer preferences towards more sustainable practices might drive demand for repair services, potentially altering turnover dynamics.
- Market consolidation or new market entrants could affect competitive dynamics and influence turnover per employee.