The employment in the Repair of Consumer Electronics sector in Austria is expected to decline over the forecast period from 2024 to 2028. In 2023, the employment stood at 145 Full-Time Equivalents (FTE). The data shows a consistent decrease with a year-on-year variation of -5.9% from 2024 to 2025, -7.0% from 2025 to 2026, -7.6% from 2026 to 2027, and -8.2% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the next five years is anticipated to be -5.8%.
Future trends to watch for include advancements in consumer electronics potentially reducing the need for repairs, and the rise of consumer disposable culture preferring replacement over repair. Additionally, the growing trend of extended warranty services and subscription models might further impact employment in this sector negatively.
