In 2023, the European production value of consumer electronics repair saw varied year-on-year changes across countries. France led with a 0.26% increase, while the UK experienced a significant dip of -0.38%. Italy showed strong growth at 2.77%, supported by solid performances in Poland (3.04%) and Belgium (6.06%). Conversely, Germany faced a considerable decline of -10.66%, and Sweden recorded a sharper drop of -11.17%. Smaller markets like Serbia (18.43%), Croatia (8.06%), and Bosnia and Herzegovina (12.89%) saw noteworthy gains, albeit from a lower base. Other countries displayed moderate changes, both positive and negative, highlighting a varied landscape in the region.
Future trends to watch in European production value of consumer electronics repair include the potential impact of sustainability initiatives, increasing consumer awareness about repair over replacement, and potential regulatory changes favoring right-to-repair policies. Improved technological capabilities might also enhance service efficiency and boost the sector's value across the continent.
Top countries in Production Value of Consumer Electronics Repair by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 277.2 | 2023 | -1.04% | +0.26% | View data |
| 2 | 2 United Kingdom | 183.3 | 2023 | -1.72% | -0.38% | View data |
| 3 | 3 Italy | 182.2 | 2023 | +10.69% | +2.77% | View data |
| 4 | 4 Spain | 140.3 | 2023 | +3.09% | +1.14% | View data |
| 5 | 5 Germany | 127 | 2023 | -11.37% | -10.66% | View data |
| 6 | 6 Poland | 73.4 | 2023 | +0.69% | +3.04% | View data |
| 7 | 7 Belgium | 56.5 | 2023 | +0.53% | +6.06% | View data |
| 8 | 8 Finland | 49.1 | 2023 | +3.37% | +4.08% | View data |
| 9 | 9 Denmark | 34 | 2023 | +0.89% | +0.18% | View data |
| 10 | 10 Austria | 24.2 | 2023 | -3.97% | -5.38% | View data |