The travel agency activities sector in Sweden has seen significant fluctuations in employee numbers from 2013 to 2023. The number of employees declined steadily from 2013 through 2018, with a notable drop of 5.92% in 2018. A brief recovery occurred in 2019 before the sector took a severe hit in 2020 due to the global pandemic, resulting in a drastic 31.4% reduction in workforce. The industry showed signs of recovery from 2021 onwards, with the number of employees increasing by 9.39% in 2021 and a continued upward trend through 2023, with a year-on-year increase of 3.38% standing at 3,700 employees in 2023.
Looking ahead, from 2024 to 2028, the forecasted employee numbers indicate a gradual decline, with a Compound Annual Growth Rate (CAGR) of -2.57%, reflecting a potential 12.22% drop by 2028. Future trends to watch include potential market consolidations, technological advancements impacting employment, and shifts in consumer travel behavior which might influence workforce demands in the travel industry.