The turnover forecast for the UK household appliances and home and garden equipment repair sector indicates a steady decline from 2024 to 2028, decreasing slightly each year from £295.56 million in 2024 to £295.36 million by 2028. Historical data shows that this decrease follows a broader trend of minimal downturn from the previous years, and the anticipated Compound Annual Growth Rate (CAGR) from 2024 to 2028 reflects this subtle and consistent decline.
Future trends to watch for:
- Sustainable and DIY repair trends potentially affecting repair services demand.
- The impact of economic fluctuations on disposable income and repair service affordability.
- Technological advancements in appliances may influence repair complexity and service requirements.