The Mobile Phone Repair industry has registered strong growth, benefitting from the high number of mobile connections in the UK, which actually exceeds the UK's population. A fall in consumer confidence and stagnant disposable income means that consumers are holding onto their mobile phones for longer. Consumers increasingly consider repairing an existing phone more cost-effective than buying a replacement. Despite the opportunity presented by these circumstances, revenue growth has been constrained, with some consumers choosing to delay repairs till they are more confident in the economy.Good signal: Industry revenue is expected to rise in 2023-24 as the number of mobile connections increases
Operators in this industry primarily repair and maintain mobile phones. Some operators may repair tablets or other electronic devices as secondary services. The industry includes bricks-and-mortar stores that enable customers to bring in their mobile phones for immediate repair.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Methodology
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