The wine market in Sweden is projected to see a gradual decline in the volume per capita from 2024 through 2028. In 2023, the volume per capita stood at 18.8 liters. The forecasted values indicate a modest year-on-year decrease: -0.53% for 2025, -0.59% for 2026, -0.54% for 2027, and -0.60% for 2028. The Compound Annual Growth Rate (CAGR) over the next five years points to an average annual decrease of approximately 0.55%.
Future trends to watch for include changes in consumer preferences towards alternative alcoholic beverages, potential economic shifts impacting disposable incomes, and the influence of health and wellness movements advocating for reduced alcohol consumption. Additionally, regulatory changes and taxation policies may further influence market dynamics.
