Domestic tourism expenditure on transport equipment rental services in Sweden has shown a positive trend from 2013 to 2023, with values rising from 3.09 Billion SEK in 2013 to 6.16 Billion SEK in 2023. Over the last decade, though there were fluctuations, the overall trend remains upward. Notably, there was significant growth between 2016 and 2019, with the year-on-year variation peaking at 15.1% in 2019. Despite a dip in 2020 due to global disruptions, recovery followed, with 2023 seeing a 3.85% increase from the previous year.
Future trends to watch for include:
• Consistent growth is forecasted from 2024 to 2028, with the total value expected to reach 7.26 Billion SEK by 2028.
• The five-year CAGR from 2024 to 2028 is expected to be 2.62%, suggesting continued but more moderated growth rates.
• Monitoring the impact of technological advancements and changing consumer preferences on the rate of growth in transport equipment rental services.
