Between 2024 and 2028, the number of consumer electronics repair enterprises in the UK is forecasted to decline gradually. Starting at 611 enterprises in 2024, the number is expected to decrease to 581 by 2028. This represents a continuous annual decline, averaging a negative compound annual growth rate (CAGR) over this period. The sector shows a steady contraction, indicating adjustments possibly due to technological advancements or shifts in consumer behavior.

Future trends to watch for include:

Continued reduction in enterprise numbers due to increased product durability and recycling initiatives.
Potential market consolidation as smaller repair enterprises may exit or merge with larger operations.
The influence of regulatory changes promoting extended product life cycles and repairability.