The event catering sector in Sweden observed fluctuations over the past decade, standing at 2.86 Billion SEK in 2023. From 2013 to 2019, the sector grew steadily, with notable peaks in 2015 and 2016, followed by sharp growth in 2019. However, 2020 witnessed a significant drop due to the COVID-19 pandemic, leading to negative growth. Recovery ensued in 2021 and 2022, rebounding to almost pre-pandemic levels. A 9.29% growth in 2023 indicated a strong comeback. The average CAGR over the past five years was 4.16%, reflecting a resilience and positive long-term outlook despite disruptions.
Looking ahead, the production in the event catering sector is forecasted to maintain an upward trajectory, increasing to 3.3 Billion SEK by 2028. The expected 5-year CAGR is 2.3%, predicting a steady and gradual growth. Future trends to watch include digital transformation in service delivery, sustainability practices, and shifts in consumer preferences amid evolving event formats. Adapting to these changes will be pivotal for sustainable growth in this sector.