The internal tourism consumption of passenger transport services in Sweden stood at 53.86 billion Swedish Kronas in 2023. This marks a year-on-year increase of 12.02% from 2022, continuing a recovery trajectory post-2020 pandemic dip. Over the last two years, the sector showed impressive bounce-back figures with a 48.75% increase in 2022, though pre-pandemic fluctuations were more modest. The last five years' CAGR is 1.37%, indicating a steady but slow average annual growth.
From 2024 onwards, forecasts project continuous growth, with a forecasted value reaching 60.83 billion Swedish Kronas in 2028, resulting in a projected five-year CAGR of 1.93% and an overall growth rate of 10.04%.
Future trends to watch for include digital transformation in travel services, growing interest in sustainable tourism, and potential economic shifts that could impact disposable incomes and travel behavior.
