The turnover of Computers, Personal, Household Goods Repair in the Netherlands has experienced varying trends between 2013 and 2023. Initially, the market saw slight declines in 2013 and 2014, with year-on-year drops of -4.35% and -1.02% respectively. Following this, the industry began a recovery and growth phase from 2015, showing positive year-on-year changes and reaching a turnover of 1510.0 million Euros in 2023. Over the past two years, the market has grown steadier, with year-on-year increases of 5.3% and 5% in the last two years of recorded data.
The Compound Annual Growth Rate (CAGR) over the past five years stood at 4.42%, demonstrating consistent moderate growth.
Future trends to watch for:
- Continued steady growth with a forecasted 5-year CAGR of 3.34%, leading to an estimated turnover of 1860.0 million Euros in 2028, representing a 17.88% increase from 2023.
- Potential impacts of technological advancements and increased consumer reliance on personal electronics, potentially driving more demand in repair services.
- Evolving regulatory and sustainability trends may influence repair market dynamics, favoring growth in repair over replacement.
