Between 2013 and 2023, the number of employees in the manufacture of musical instruments sector in Sweden showed a fluctuating trend with periods of both increase and decline. The highest employee count was observed in 2013 with a notable decrease in subsequent years. The sector experienced a significant drop in 2020 due to macroeconomic challenges. Although there was a partial recovery in 2021, the forecast indicates a gradual decline starting in 2024, stabilizing at 132 employees by 2028. As of 2023, the number of employees stood at 136 units.
Key percentages include:
- Year-on-Year Variation (2022-2023): 1.49%
- 5-Year CAGR (ending 2023): 0.45%
- Forecast 5-Year CAGR (2024-2028): -0.45%
Future trends to watch for include potential technological advancements leading to increased automation and changes in consumer preferences impacting demand. Monitoring the economic environment, regulatory changes, and global market shifts will be crucial for forecasting the sector's employment trajectory.