Forecast: Employees in Accommodation and Food Services Sector in Sweden

The Employees in Accommodation and Food Services Sector in Sweden have shown a significant evolution over the past years. Beginning with steady growth from 2013 to 2019, the sector peaked at 190,000 units in 2018 before experiencing a sharp decline in 2020 due to external factors, dropping to 164,000 units. Recovery began in 2021 and accelerated in 2022, reaching 195,000 units. By 2023, the number of employees increased modestly to 198,000 units. The forecasted data indicates continued growth, reaching 215,000 units by 2028, achieving a 1.26% CAGR over the next five years.

Over the longer term, significant trends include:

  • Pre-2020 steady growth, with yearly variations driven by economic conditions and sector demand.
  • A major decline in 2020, reflecting the impact of global disruptions.
  • Post-2020 recovery, surpassing previous employee numbers by 2022.
  • Moderate but steady growth from 2023 to 2028.

Future trends to watch for include technological advancements in service delivery, changes in consumer behavior towards dining and accommodations post-2020, and potential economic fluctuations. Attention to labor market policies and immigration trends will also be critical in understanding the sector's employment landscape.

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