In 2023, the turnover in the Rubber Products Manufacturing Sector in Sweden stood at 13.45 Billion Swedish Kronas. The forecasted data from 2024 to 2028 shows a gradual increase in turnover: 13.62 Billion SEK in 2024, 13.81 Billion SEK in 2025, 14.00 Billion SEK in 2026, 14.19 Billion SEK in 2027, and 14.37 Billion SEK in 2028.
Year-on-year variation (YoY) from 2024 to 2028:
• 2024: +1.3%
• 2025: +1.4%
• 2026: +1.3%
• 2027: +1.4%
• 2028: +1.3%
The average compound annual growth rate (CAGR) from 2023 to 2028 is approximately 1.4%.
Future trends to watch for include technological advancements in manufacturing, shifts in demand for rubber products, especially in the automotive and healthcare sectors, and potential changes in trade policies impacting raw material sourcing and export opportunities.