The turnover in the Swedish warehousing and storage sector has shown significant fluctuations over the past decade. From 2013 to 2018, the sector experienced modest gains and slight declines, with values fluctuating between 3.81 and 4.87 billion Swedish Kronas. A dramatic drop occurred in 2019, followed by an extraordinary spike in 2020, presumably due to the COVID-19 pandemic's impact on supply chains and storage needs. Post-2020, the market stabilized around 5.04 billion Swedish Kronas in 2022. In 2023, the turnover was 5.14 billion SEK, with a YoY variation of 1.91% and a 5-year CAGR of 1.1%.
Forecasting ahead, the sector is expected to grow steadily, reaching 5.61 billion SEK by 2028, with an anticipated 5-year CAGR of 1.38% and a cumulative 5-year growth rate of 7.1%.
Future trends to watch for:
- Ongoing digital transformation and automation to enhance efficiency.
- Growth in e-commerce driving demand for storage and warehousing solutions.
- Environmental and sustainability considerations influencing warehousing practices.
- Potential impacts of geopolitical events on global supply chains.