In 2023, the wages and salaries of the event catering sector in Norway stood at 161.0 million euros. From 2024 onwards, the forecasted data indicates a steady but slight increase over the next five years: 161.5 million euros in 2024, 162.0 million euros in 2025, 162.4 million euros in 2026, 162.7 million euros in 2027, and 163.0 million euros in 2028.
- Year-on-year variation between 2023 and 2024 is approximately 0.31%.
- Year-on-year variation between 2024 and 2025 is 0.31%.
- The compound annual growth rate (CAGR) over the 5-year period from 2024 to 2028 is approximately 0.19%.
Future trends to watch for include potential changes in consumer behavior towards event hosting, technological advancements in catering services, and any economic fluctuations that might impact disposable income and corporate spending on events. These factors could significantly influence wages and salaries in the coming years.
