The specialized construction activities sector in Sweden has experienced fluctuations over the past decade. From 2013 to 2018, the sector saw consistent growth with significant year-on-year increases reaching up to 16.6% in 2018. After a slight decline of -6.48% in 2020, the sector rebounded but at a slower pace. By 2023, the gross investment stood at 17.86 billion SEK, marking a 2.52% increase from the previous year. The CAGR over the past five years stood at 1.21%, indicating a period of stabilization post-2020 downturn. Looking ahead, the forecast for 2028 suggests a continued but moderate growth as evidenced by a 5-year CAGR of 1.78% and a total growth rate projection of 9.2% by the same year.
Future trends to watch for include:
- Technological advancements in construction methods and tools.
- Increased emphasis on sustainable and green building practices.
- Potential impacts of economic cycles and political decisions on construction investments.
- Growing urbanization and the subsequent demand for specialized construction activities.