The repair of household appliances and home and garden equipment sector in Italy has shown a forecasted decline in enterprises from 2024 onwards. Starting at 2.95 thousand enterprises in 2024, a steady decrease reaches 2.81 thousand by 2028. The year-on-year percentage change reflects slight reductions each year: -1.36% from 2024 to 2025, -1.03% from 2025 to 2026, continuing to -1.22% by 2028. The cumulative average growth rate (CAGR) from 2024 to 2028 is indicative of a negative trend, underlining the ongoing decline in the number of enterprises.
Future trends to monitor include:
- Technological advancements that may reduce the need for repair services.
- Consumer preferences shifting towards buying new instead of repairing.
- Regulatory impacts from sustainability and waste management policies.
- Economic factors affecting disposable income and purchase behaviors.