The production in the repair of consumer electronics sector in Denmark has shown fluctuations over the years. In 2023, the production value stood at 253.4 million Danish Krones. From 2013 to 2019, the sector experienced both significant drops, such as in 2015 with a year-on-year variation of -19.68%, and notable increases with 2016 recording a 45.54% growth. The CAGR over the last five years leading up to 2023 was relatively stable at 0.17%. Looking ahead, from 2024 to 2028, the industry is forecasted to maintain a moderate growth with a 5-year CAGR of 0.57% and an overall growth rate of 2.86%.
Future trends to watch for in this sector include advancements in technology making smaller, more complex devices that may be more challenging or costly to repair. Additionally, sustainability demands and e-waste regulations could drive the sector towards prioritizing repair over replacement, potentially creating more opportunities.
