In 2023, the turnover per employee in the UK household appliances, home and garden equipment repair sector was 49.3 thousand Euros. Over the forecasted period from 2024 to 2028, a steady decline is projected, from 45.7 in 2024 to 32.0 thousand Euros in 2028. This translates to a year-on-year decrease of approximately 8% on average. The compound annual growth rate (CAGR) over these years reflects a consistent downward trend of around -8.2% per year, indicating shrinking revenue efficiency per employee.
Future trends to watch for:
- Technological advancements potentially reducing the need for repairs
- Increased competition from cheaper repair alternatives emerging in the market
- Potential changes in consumer behavior towards repairability and sustainability
