Consumer Goods & Retailing
Household Appliance & Garden Equipment Repair in the UK - Industry Market Research Report
Household Appliance & Garden Equipment Repair in the UK - Industry Market Research Report
Household Appliance & Garden Equipment Repair in the UK - Industry Market Research Report
Household Appliance & Garden Equipment Repair in the UK
Revenue is expected to decline at a compound annual rate of 3.2% over the five years through 2023-24 to £179.2 million, including an estimated drop of 4.2% in 2023-24. Diminished consumer confidence and stagnant disposable incomes have pushed people to fix rather than replace broken appliances, particularly expensive items. Due to most manufacturers now providing guarantees on many purchases, independent repair services are often overlooked. These after-sales services typically last one to two years. Consequently, local services usually come into play only when warranties expire, decreasing demand for independent repair companies.
This industry specialises in repairing household appliances such as refrigerators, cookers, washing machines and toasters, and gardening equipment such as lawnmowers, leaf blowers, mulchers and hedge trimmers. This industry does not include the repair of hand-held power tools or central air-conditioning systems.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.