The number of employees in the event catering sector in Norway has experienced various fluctuations over the past decade. In 2023, the sector employed 5.81 thousand individuals. The historical data shows significant growth trends interspersed with some decreases, notably in 2020 due to the impact of the COVID-19 pandemic. However, solid recovery is evidenced by the 19.93% increase in 2021 and a healthy 9.94% rise in 2022. The compound annual growth rate (CAGR) over the last five years stands at 2.51%, indicating steady growth with some variability.
Future forecasts predict continued growth in the event catering industry in Norway, with the number of employees expected to reach 6.44 thousand by 2028. The anticipated CAGR for the next five years is 1.62%, translating to an overall growth rate of 8.38% over this period.
Trends to watch for in the future include:
- The impact of technological advancements on operational efficiency.
- Potential shifts in consumer behavior influenced by economic conditions and social trends.
- Increased emphasis on sustainability and locally sourced products in event catering services.
- Continued recovery from any lingering effects of the COVID-19 pandemic on public gatherings and events.