The United Kingdom leads in the number of employed individuals in the watches, clocks, and jewelry repair sector across Europe, with a positive year-on-year growth of 1.87%. Italy and Poland follow, although both experienced declines of 2.26% and 1.45% respectively in 2023. Spain showed a notable increase of 5.28%, indicating a strong recovery or growth. France faced a significant drop of 18.46%, highlighting potential challenges in its market. Other notable year-on-year variations include Croatia's growth of 3.81% and Belgium's of 1.18%, while Slovakia and Slovenia saw declines of 3.43% and 5.08% respectively.
Future trends to watch include potential recovery or further declines in France and opportunities for growth in emerging markets or countries with current positive trends like Spain and Croatia. Diversification in repair services and adaptation to digital solutions may influence employment, as well as economic stability in each country. Monitoring technological advancements and consumer preferences will be crucial for forecasting employment changes in this niche market.
Top countries in Number of Persons Employed of Watches, Clocks and Jewellery Repair Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 18.69 | 2023 | +2.18% | +1.87% | View data |
| 2 | 2 Italy | 16.7 | 2023 | -0.45% | -2.26% | View data |
| 3 | 3 Poland | 13.26 | 2023 | -1.55% | -1.45% | View data |
| 4 | 4 Germany | 10.85 | 2023 | +2.41% | -0.58% | View data |
| 5 | 5 Netherlands | 6.23 | 2023 | -0.3% | -1.23% | View data |
| 6 | 6 Spain | 6.16 | 2023 | +3.5% | +5.28% | View data |
| 7 | 7 Hungary | 5.15 | 2023 | -0.55% | -2.39% | View data |
| 8 | 8 France | 4.13 | 2023 | -28.48% | -18.46% | View data |
| 9 | 9 Portugal | 3.16 | 2023 | +2.77% | -0.82% | View data |
| 10 | 10 Romania | 2.24 | 2023 | -0.84% | -1.38% | View data |
