In 2023, the gross investment in the repair of household appliances and home and garden equipment sector in the UK stood at £86.5 million. Forecasts indicate a consistent annual increase, with values rising to £92.2 million in 2024, £98.02 million in 2025, and further climbing to £114.79 million by 2028. This reflects a compound annual growth rate (CAGR) of approximately 5.87%. The year-on-year growth remains steady, averaging around 6% over the forecast period.
Looking forward, key trends to watch include the increasing consumer preference for repair over replacement due to environmental awareness, and technological advancements improving repair efficiency. Additionally, economic factors such as inflation and disposable income levels will continue to influence this sector significantly.
