The number of employees in the retail sale via mail order houses or via internet sector in Sweden has shown remarkable fluctuations from 2013 to the present. In 2023, the sector employed 17.8 thousand people. The sector experienced rapid growth between 2013 and 2017, with a Compound Annual Growth Rate (CAGR) peaking at 13.55% in 2017. Growth moderated from 2018 to 2022, and the sector saw a decrease in employment in 2020 by 2.19%, likely due to the unexpected global disruptions. The annual growth rate saw a consistent decline, stabilizing around 4.75% by 2023 with a 5-year CAGR of 3.69% as of that year.
Looking to the future (2024-2028), the sector is forecasted to grow at a 5-year CAGR of 3.09%, expecting an employment count of 21.65 thousand by 2028. The annual growth rate is projected to vary but continues a positive trend highlighted by a 16.43% five-year growth rate by the end of 2028.
Future trends to watch for include:
- Technological advancements in e-commerce platforms.
- Changes in consumer buying behavior towards more online shopping options.
- Potential economic impacts from global changes affecting employment rates.