In 2023, the gross investment in the repair of consumer electronics in Sweden stood at 2.0 million Swedish Kronas. The forecasted data for 2024 to 2028 shows a consistent decline. The investment is expected to drop from 1.9 million Swedish Kronas in 2024 to 1.3 million Swedish Kronas by 2028. Year-on-year, this represents a reduction of approximately 10.5% between 2024 and 2025, 11.8% between 2025 and 2026, 6.7% from 2026 to 2027, and 7.1% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 indicates an average annual decline of roughly 8.8%.
Future trends to watch for include potential influences on consumer behavior such as the increasing affordability of new electronics making repairs less attractive, and advancements in technology leading to more durable devices. Additionally, market dynamics such as economic conditions, regulatory changes, and sustainability initiatives may impact the repair sector's investment levels.
