In 2023, the production value of computer and household goods repair in the UK stood at a substantial baseline, with the forecast for 2024 projected at 4.88 billion euros. Over the forecast period from 2024 to 2028, there is a gradual increase observed, with values progressively rising each year to reach 5.17 billion euros by 2028. Year-on-year, the growth from 2024 to 2025 is 1.43%, from 2025 to 2026 is 1.62%, from 2026 to 2027 is 1.39%, and from 2027 to 2028 is 1.37%. The compounded annual growth rate (CAGR) over this five-year period is expected to be steady, reflecting modest but consistent growth.
Future trends to watch include advancements in technology that may influence repair services demand, increased focus on sustainability and repairability of electronics, and potential economic fluctuations impacting consumer spending on repairs. The industry may also see changes as businesses and consumers adapt to evolving digital environments, which could alter repair service requirements.
