The turnover of postal and courier services in Sweden has shown a downward trend over the past decade. The turnover value stood at 2.93 billion Euros in 2023, reflecting a year-on-year decrease of 2.01%. Analyzing the past five years, we observe a compound annual growth rate (CAGR) of -1.69%, indicating a consistent decline. Notably, 2019 and 2018 recorded significant drops of 5.23% and 4.9%, respectively. However, 2020 saw a temporary recovery with a 5.64% increase.
The forecast data up to 2028 indicates a continual decline, with the turnover expected to decrease to 2.63 billion Euros by the end of the period. The forecasted 5-year CAGR is -1.7%, aligning with the historical trend observed from 2019 to 2023.
As the postal and courier sector continues to evolve, future trends to watch for include the impact of digital transformation, increasing preference for electronic communication, and the rise of e-commerce driving parcel delivery services.
