The Swedish manufacture of games and toys sector has demonstrated varying growth since 2013. In 2023, the production value stood at 382.9 million SEK. Noteworthy trends include the significant spike in 2014, a notable decline in 2021, and the surge in 2020 likely attributed to heightened demand during the COVID-19 pandemic. Recent years show moderate growth with a year-on-year increase of 2.99% in 2023. The sector's 5-year CAGR from 2018 to 2023 was 7.92%, indicating healthy recovery and expansion.
Forecast data from 2024 suggest a steady growth trajectory with a projected 2.09% 5-year CAGR, culminating in a 10.89% growth rate by 2028.
Future trends to watch for include advancements in digital and interactive toys, the increasing emphasis on sustainability in manufacturing, and potential market expansion through online platforms and e-commerce.
