The forecast indicates a steady decline in the number of passenger ships in Sweden from 2024 to 2028, measured in million gross tonnage. Beginning in 2024, the gross tonnage is projected at 11.53 million, decreasing year-on-year by 3.8% to 11.09 million in 2025, another 3.9% to 10.66 million in 2026, a 3.9% dip to 10.24 million in 2027, and finally a 4.1% decline to 9.82 million in 2028. The compounded average growth rate (CAGR) over the five years is approximately -4.0% per year.
Future Trends to Watch For:
Factors to keep an eye on include advancements in maritime technology that could influence the efficiency and capacity of passenger ships, regulatory changes affecting the maritime industry, and shifts in passenger demand influenced by global travel trends and economic conditions. Environmental policies and fuel costs will also be critical in shaping the future landscape of Sweden's passenger ship industry.