The turnover of the construction sector in Sweden has shown a steady growth from 23.09 billion euros in 2013 to 35.61 billion euros in 2022. The year-on-year variation peaked in 2017 with a 12.17% increase. The Compound Annual Growth Rate (CAGR) over the last 5 years (2019-2023) is 2.92%, while the CAGR forecast for the following 5 years (2024-2028) is 2.09%. Despite slight dips in 2019 and 2020, the market shows a consistent rising trajectory.
Future trends to watch include the impact of sustainable building practices and smart technology integration. Economic and regulatory changes could also play a crucial role in shaping the industry's growth.
