Industry Analysis & Industry Trends
The Household Appliance and Garden Equipment Repair industry has endured mixed conditions over the past five years. In the beginning of the period revenue contracted as improving economic conditions encouraged consumers to replace their goods instead of repairing them. In response to this growing trend, operators lowered their repair prices in an attempt to combat the low prices of appliances. This is particularly noticeable in the market for small appliances, where items have become so cheap that repairs are often not economical. However, there remains a considerable market for the repair of high-quality, expensive appliances, as it is less cost-effective to replace such items. This has attracted entrants to the industry over the past five years... purchase to read more
Industry Report - Industry Investment Chapter
The Household Appliance and Garden Equipment Repair industry is estimated to have a moderate level of capital intensity. Wages, which are used as a proxy for labour are estimated to absorb 26.8% of industry revenue. Depreciation, which is used as a proxy for capital is estimated to account for 2.8% of industry revenue in the current year. The industry is primarily reliant on staff to perform repairs, although they do purchase some equipment for staff to use. The capital-to-labour ratio in the is estimated to be 1:9.58 Indicating that for every £1.00 spent on capital, £9.58 is spent on labour.
The average industry operator needs qualified technicians, maintenance professionals and apprentices for the repair and maintenance of products. The.. purchase to read more