Forecast: Employment in Plumbing, Heat and Air-Conditioning Installation Sector in Sweden

The employment in the Plumbing, Heat, and Air-Conditioning Installation sector in Sweden has shown fluctuations over the past years. From an employment value of 37.22 thousand FTE in 2013, the sector experienced a notable dip in 2014 and a significant recovery in 2015. The following years demonstrated a general upward trend with minor dips in 2018 and 2019. By 2023, employment stood at 39.81 thousand FTE, with a year-on-year increase of 0.56% and an average annual growth (CAGR) over the last five years of 1.91%. Looking ahead, the forecast suggests a moderate annual growth rate, with a projected CAGR of 0.42% up to 2028.

Future trends to watch include:

  • Technological advancements in the sector driving demand for skilled labor.
  • Impact of sustainability initiatives and regulations influencing employment needs.
  • Potential economic fluctuations that could affect sector growth rates.
  • Challenges and opportunities arising from demographic changes in the workforce.

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