Forecast: Number of Enterprises in Repair of Household Appliances and Home and Garden Equipment Sector in the UK

In 2023, the Repair of Household Appliances and Home and Garden Equipment sector in the UK had 1.25 thousand enterprises. The forecast for 2024 to 2028 shows a steady growth trend, with enterprise numbers rising from 1.27 thousand in 2024 to 1.36 thousand by 2028. Year-on-year growth is expected to be consistent, with a CAGR of approximately 1.70% over the five-year period from 2024 to 2028.

Future trends to watch for include:

  • Technological advancements driving increased repair capabilities.
  • The impact of sustainability efforts, potentially increasing repair demand over new purchases.
  • The influence of economic conditions on consumer spending in maintenance services.

Top Countries about Gardening Tool