From 2013 to 2023, the internal tourism expenditure on transport equipment rental services in Sweden has demonstrated a consistent upward trend, rising from 4.19 billion SEK to 8.18 billion SEK. Notable year-on-year variations include a peak increase of 15.92% in 2014 and the lowest at -4.39% in 2013 and 2020. Over the last 5 years up to 2023, the compound annual growth rate (CAGR) stands at 6.14%. For 2023, the expenditure reached 8.18 billion SEK, marking a 3.93% increase from the previous year.
Looking forward to the forecasted data from 2024 to 2028, a CAGR of 2.67% suggests a moderate yet stable growth, with the expenditure expected to reach 9.69 billion SEK by 2028. Key trends to watch for include potential impacts of technological advancements in vehicle rentals, shifts in tourism dynamics post-pandemic, and integration of sustainable practices within the transport sector.
