In 2023, Spain led the European market for household appliances and home and garden equipment repair, with a turnover of 21.51 million euros. France, Italy, and Germany followed closely, each around the 13 million euro mark. The UK exhibited a slight decline, standing at 8.87 million euros. Notable year-on-year growth was observed in Bulgaria and Serbia, while countries like Norway and Belgium experienced declines. Over the last five years, some Eastern European nations like Romania and Serbia have shown positive growth trends, indicating a potential market shift.
Key future trends to watch in the European repair market include:
- Increased digitalization and adoption of IoT-based solutions driving service improvements.
- Heightened focus on sustainability encouraging repair over replacement.
- Potential for market growth in Eastern European countries.
- Impact of economic factors such as inflation or supply chain challenges on market dynamics.
Top countries in Turnover of Household Appliances, Home and Garden Equipment Repair Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 21.51 | 2023 | +0.59% | +2.53% | View data |
| 2 | 2 France | 13.58 | 2023 | +0.091% | +4.62% | View data |
| 3 | 3 Italy | 13.47 | 2023 | +1.3% | +0.74% | View data |
| 4 | 4 Germany | 13.25 | 2023 | +1.49% | +0.73% | View data |
| 5 | 5 United Kingdom | 8.87 | 2023 | -1.78% | -0.36% | View data |
| 6 | 6 Poland | 4.84 | 2023 | +3.7% | +3.81% | View data |
| 7 | 7 Sweden | 3.5 | 2023 | -3.24% | -3.19% | View data |
| 8 | 8 Denmark | 2.98 | 2023 | +1.58% | +1.51% | View data |
| 9 | 9 Finland | 2.37 | 2023 | -0.52% | +0.47% | View data |
| 10 | 10 Greece | 2.28 | 2023 | -0.94% | -1.43% | View data |
