Forecast: Number of Persons Employed of Warehousing and Storage in Sweden

Between 2013 and 2023, the number of persons employed in warehousing and storage in Sweden showed a fluctuating trend with significant year-on-year variations. The sector experienced substantial growth in 2018 with a year-on-year increase of 35.06%, followed by a sharp decline in 2019 (-61.75%). The employment numbers rebounded in 2020 with an impressive increase of 155.52%. Over the last two years from 2021 to 2023, there has been moderate growth with increases of 2.74% in 2022 and 2.67% in 2023. As of 2023, the employment stood at 3.42 thousand employees.

Looking ahead, the employment forecast indicates steady growth from 2024 through 2028, with a 5-year compound annual growth rate (CAGR) of 1.88% and a total growth rate of 9.77% over the same period. This suggests a positive outlook for the warehousing and storage employment sector, driven by factors like increased e-commerce, supply chain modernization, and automation technologies.

Future trends to watch for include the impact of technological advancements, enhanced demand for sustainable logistics solutions, regulatory changes, and shifting consumer behavior towards faster delivery expectations.

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