The employment in the Repair of Furniture and Home Furnishings sector in Denmark exhibited a fluctuating trend from 2013 to 2023, with the workforce decreasing initially but showing signs of recovery toward the end of the period. In 2023, the employment stood at 452 Full-Time Equivalent (FTE) units, reflecting a 3.2% year-on-year increase. Over the last five years, from 2018 to 2023, the sector experienced a consistent improvement with a Compound Annual Growth Rate (CAGR) of 3.75%.
Future trends to watch for include:
- Continued moderate growth with a forecasted 5-year CAGR of 1.06% leading to a 5.4% increase by 2028.
- Potential influences of technological advancements in repair techniques.
- Consumer preferences for sustainable living and extended usage of home furnishings.