European Turnover of Consumer Electronics Repair by Country

In 2023, the European turnover of consumer electronics repair showcased diverse trends across countries, signaling both growth and decline. France led the market with 324.2 million euros despite a slight decline of -1.84%. Romania experienced substantial growth at 4.15%, reaching 229.4 million euros. The UK and Germany, key markets, displayed mixed dynamics with slight growth and marked decline of 0.57% and -6.33% respectively. Poland exhibited notable growth of 9.83%, marking it as a burgeoning market at 139.5 million euros.

Belgium and Finland recorded moderate growth, while countries like Austria, Denmark, Portugal, Greece, Hungary, and Norway experienced declines ranging from -1.15% to -4.07%. Noteworthy growth was observed in smaller markets, such as Serbia with an 18.64% increase and Bosnia and Herzegovina with a 13.56% rise. Sweden saw the most significant decline at -11.06%, followed by other Eastern European countries showing mixed trends.

Future trends to watch include the consistent rise in Eastern European markets like Romania and Poland, and the recovery potential in Western European markets like France and Germany. The increase in small markets, such as Serbia and Bosnia and Herzegovina, suggests a trend towards market diversification. Emphasis on sustainable repair practices and technology advancements are expected to drive future growth.

Top countries in Turnover of Consumer Electronics Repair by Country

# 10 Countries Million Euros Last Year YoY 5-years CAGR
1 1 France 324.2 2023 -1.07% -1.84% View data
2 2 Romania 229.4 2023 +4.18% +4.15% View data
3 3 United Kingdom 211.8 2023 -1.35% +0.57% View data
4 4 Germany 208.3 2023 -7.34% -6.33% View data
5 5 Italy 195.4 2023 +10.21% +3.27% View data
6 6 Spain 190.2 2023 +3.37% +2.41% View data
7 7 Poland 139.5 2023 +2.88% +9.83% View data
8 8 Belgium 68.3 2023 +2.25% +4.81% View data
9 9 Finland 52 2023 +3.38% +3.97% View data
10 10 Austria 32 2023 -1.23% -2.6% View data

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