From 2013 to 2023, the road infrastructure maintenance market in Sweden showed fluctuations with notable periods of growth and decline. The value peaked in 2015 with a significant year-on-year increase of 16.33%, but experienced variability in the following years, including a drop in 2019. By 2023, the market stood at 1.0485 Billion Euros with a modest year-on-year increase of 0.69% and a five-year CAGR of 0.3%. This indicates a relatively stable but slow growth trend as of recent years.
Forecasts from 2024 to 2028 suggest a steady increase in expenditure with a five-year CAGR of 0.5% and an overall growth rate of 2.53%. This moderate growth trajectory reflects a continued commitment to road infrastructure maintenance, though significant external factors could influence future expenditures.
Trends to watch for include:
• Technological advancements in maintenance techniques which could impact costs and efficiency.
• Environmental regulations potentially increasing spending on sustainable infrastructure solutions.
• Economic conditions affecting government spending capabilities.