In 2023, the actual sold production of fire extinguishers in Sweden stood at 483.10 thousand items. Analyzing the forecasted data from 2024 to 2028, there is a clear upward trend. In 2024, the forecasted production is 494.84 thousand items, marking a 2.43% increase from 2023. By 2025, the production is expected to rise to 506.45 thousand items, indicating a 2.34% increase from the previous year. The trend continues in 2026 with a 2.28% increase to 517.94 thousand items, followed by a 2.20% increase to 529.32 thousand items in 2027, and a 2.13% increase to 540.59 thousand items in 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) stands at approximately 2.28%.
Future trends to watch for include advancements in fire safety technology, changes in regulatory standards, and potential increases in commercial and residential construction which may drive higher demand for fire extinguishers. Additionally, environmental considerations and the adoption of sustainable practices in the production process could also influence market dynamics.