The turnover of watches, clocks, and jewelry repair in Italy stood at 53.2 million euros in 2023. From 2013 to 2023, there has been a downward trend, with significant declines experienced especially between 2015 and 2020. However, a modest recovery took place post-2020, with slight year-on-year increases leading into 2023. Looking ahead, the projected data from 2024 indicates a stagnation and a slight decline, with a 5-year CAGR of -0.38%, forecasting a total decrease of 1.9% by 2028.

Future trends to watch for include:

Potential technological advancements in repair services.
Changing consumer preferences towards smart devices affecting traditional timepieces.
The impact of sustainability trends on repair versus replacement choices.