The employment in the Repair of Consumer Electronics sector in Belgium stood at 225 Full-Time Equivalent (FTE) in 2024, maintaining the same level as in 2023. The forecast for 2025 predicts the employment will remain stable at 225 FTE, with a slight decline starting in 2026, reaching 224 FTE, and continuing to 223 FTE by 2028. This signifies an average annual contraction (CAGR) of around -0.2% over the five years from 2024 to 2028.
Year-on-year variations indicate a negligible change of 0% from 2024 to 2025, followed by a minor decline of approximately -0.4% each year from 2026 to 2028. Over the last two years, the employment level has shown stability with no significant percentage variation.
Future trends to watch for in the Repair of Consumer Electronics sector in Belgium include:
- The impact of technological advancements on repair needs and job demand.
- Shifts in consumer behavior, potentially increasing demand for new electronics over repairs.
- Global economic conditions influencing disposable income and spending on electronic repairs.
- Regulatory changes promoting repair and sustainability, potentially boosting employment in the sector.