In 2023, the consumer electronics repair sector in Germany employed about 3.5 thousand individuals. Forecasts suggest a consistent decline in employment numbers from 2024 through 2028, beginning at 3.34 thousand employees in 2024 and decreasing to 2.65 thousand by 2028. Year-on-year decreases are approximately 5% to 6% from 2024 onwards. Over this five-year period, the compound annual growth rate (CAGR) indicates an average annual decline of around 5.3% in employment.
Future trends to watch include the impact of rapid technological advancements and product innovations, which may lead to shorter product life cycles and decreased repair demand. Additionally, the growing presence of sustainability initiatives could influence the repair industry if consumers increasingly opt for repair over replacement.
