Forecast: Turnover Per Employee of Footwear and Leather Goods Repair in the UK

The turnover per employee in the UK’s footwear and leather goods repair sector is forecasted to see a steady increase from 2024 to 2028, rising from 65.9 to 69.2 thousand Euros. This represents a consistent year-on-year growth of approximately 1.2% and a cumulative average growth rate (CAGR) of about 1.24% over this five-year period. In 2023, the turnover per employee stood at approximately 65.2 thousand Euros, indicating a positive trend in the industry's profitability and efficiency.

Future trends to watch for include:

  • Technological advancements improving repair efficiency.
  • Increasing awareness and demand for sustainable practices.
  • Potential market expansion influenced by growing consumer preference for repair over replacement.

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