The employment in the retail sale via mail order houses or via internet sector in Sweden has shown a consistent upward trend from 2013 to 2023, starting at 6.79 thousand FTEs and reaching 14.57 thousand FTEs in 2023. This represents a substantial increase over the decade, with year-on-year variations peaking at 16.55% in 2015. Notably, the annual growth rate has moderated in recent years, showing a growth rate of 3.44% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years has also decreased to 3.64%, compared to higher CAGRs in earlier periods.
- From 2013 to 2017, employment grew at an impressive rate, with annual increases reaching as high as 16.55%.
- Post-2017, the growth rate began to moderate, with year-on-year variations generally falling below 5% after 2018.
- The CAGR has progressively declined, from 12.72% for the five years up to 2017 to 3.64% over the last five years, indicating a slowdown in employment growth in this sector.
Looking ahead, the forecasted employment growth is expected to continue albeit at a slower pace, with a forecast 5-year CAGR of 2.29% and a cumulative 5-year growth rate of 12% by 2028. Factors influencing future trends include technological advancements, e-commerce growth, and potential economic fluctuations. Monitoring these trends will be essential for understanding their impact on employment in this sector.