The production value of watches, clocks, and jewellery repair in Germany demonstrates a declining trend from 2024 to 2028, starting at 36.7 million euros and decreasing to 32.5 million euros. This downward trend reflects an annual average decrease of roughly 2.8% over the forecast period. Compared to 2023, the industry is facing diminishing values as consumer demand may shift towards digitalization and changes in consumer preferences impact the market for traditional timepieces and jewellery.

Future trends to watch for include:

Technological advancements in smartwatches and wearable technology potentially affecting traditional watch repairs.
Economic factors influencing consumer spending behavior and discretionary spending on luxury items.
Sustainability and recycling trends possibly impacting the jewel repair segment.
Innovation in materials and design driving demand shifts in the jewellery sector.