In 2023, the landscape for enterprises specializing in watches, clocks, and jewellery repair across Europe varied by country. Poland and Italy led with the highest counts, indicating a robust sector, while Estonia and Luxembourg, despite their smaller numbers, witnessed significant growth rates. Conversely, countries like France and Slovakia saw notable declines. Most other countries experienced modest fluctuations.
Looking ahead, trends show potential for growth in emerging markets and increased consolidation in established ones. The rise of digital and e-commerce platforms could further influence the restructuring and diversification of service offerings in this niche market.
Top countries in Number of Enterprises of Watches, Clocks and Jewellery Repair by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,220 | 2023 | 0% | +0.5% | View data |
| 2 | 2 Italy | 1,210 | 2023 | -5.26% | -4.51% | View data |
| 3 | 3 Netherlands | 562 | 2023 | +0.36% | +0.43% | View data |
| 4 | 4 Germany | 450 | 2023 | -0.43% | -3.83% | View data |
| 5 | 5 Hungary | 384 | 2023 | -1.03% | -1.92% | View data |
| 6 | 6 United Kingdom | 355 | 2023 | +0.85% | +0.87% | View data |
| 7 | 7 France | 332 | 2023 | -20.24% | -16.24% | View data |
| 8 | 8 Spain | 254 | 2023 | -0.78% | -0.65% | View data |
| 9 | 9 Lithuania | 232 | 2023 | 0% | -0.34% | View data |
| 10 | 10 Portugal | 209 | 2023 | -1.42% | -2.32% | View data |
