The employment in the Carpets and Rugs sector in Sweden experienced significant fluctuations between 2013 and 2023, with notable high and low points marked by a 14.34% increase in 2019 and a drastic 21.69% decrease in 2020. As of 2023, the sector showed recovery with 299 full-time equivalents, reflecting a 7.17% year-on-year increase.
Over the past two years, employment has consistently rebounded, with a 10.28% increase in 2022 followed by the aforementioned growth in 2023. On average, the sector experienced a compound annual growth rate (CAGR) of 2.99% over the last five years.
Future trends to watch:
- Projected steady growth: Employment is expected to increase at a forecasted rate of 1.77% CAGR from 2024 to 2028.
- Continued sector stability with overall employment growth projected at 9.15% over the next five years.
- Potential impacts of technological advancements and efficiency improvements on employment figures.
