The employment in the Repair of Household Appliances and Home and Garden Equipment sector in Germany is experiencing steady growth. From 2024 onwards, the sector is forecasted to grow from 3.12 thousand full-time equivalents and continue rising to 3.26 thousand by 2028. This represents an average year-on-year growth of approximately 0.8% over the period. The compound annual growth rate (CAGR) over these five years is expected to be consistent.
Future trends to watch for:
- Increased demand for sustainable and repair services as consumers shift away from disposable products.
- Technological advancements may enhance repair efficiencies and capabilities.
- Potential economic shifts influencing consumer confidence and spending on repair services.
- Regulatory changes aimed at promoting repair over replacement for environmental reasons.