Sweden’s warehousing and storage turnover has experienced fluctuations from 2013 to 2023, peaking notably in 2020 due to unprecedented demand, followed by a decline and steady recovery. In 2023, the turnover stood at 703.5 million Euros. The sector has shown resilience with a CAGR of 8.19% over the last five years.
Recent year-on-year variations demonstrate moderate growth:
- 2022: 3.59%
- 2023: 3.44%
Forecasts indicate continued growth, with an expected 5-year CAGR of 2.37%, reaching 817.0 million Euros by 2028.
Future trends to watch include advances in automation and AI within warehousing, increased demand for sustainable logistics solutions, and the influence of e-commerce growth on storage needs.
