Market Size of Sweden Freight And Logistics Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 42.02 Billion |
| Market Size (2029) | USD 49.69 Billion |
| CAGR (2024 - 2029) | 3.41 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Sweden Logistics Market Analysis
The Sweden Freight And Logistics Market size is estimated at USD 42.02 billion in 2024, and is expected to reach USD 49.69 billion by 2029, growing at a CAGR of 3.41% during the forecast period (2024-2029).
- The logistics market in Sweden is the largest in the Scandinavian region. Investments in infrastructure have made the country one of the top logistics markets in Europe and the World. The central location in the region makes it the preferred choice for companies that are looking to consolidate distribution and warehousing activities in Northern Europe into one central location. Foreign companies use some 10 Swedish locations for centralized distribution in Northern Europe.
- The Swedish economy is highly dependent on exports of goods. The strong cross-border impacts on the transportation industry and logistics market. Gothenburg is a leading logistics location in the country, supported by the Port of Gothenburg and new logistics establishments. The Port of Gothenburg has a 53% share of the Swedish container market, which is an increase of three percentage points compared with the first half of 2021. The Port of Gothenburg also increased its market share for containers compared with nearby major ports in Northern Europe.
- 10% of consumers indicated that they had made online purchases from outside of Sweden, with six out of ten of these purchases originating in Germany, China, and the United Kingdom. Germany has experienced a surge in online shopping from Sweden, with 32% of online purchases originating from outside of the country, second only to China at 15%. Germany is particularly popular due to its automotive industry, which produces a substantial amount of affordable spare parts and accessory imports.
- The cleantech, ICT, life sciences, automotive, and materials science industries are some emerging industries in Sweden. E-commerce and retail are also fast-growing sectors in the country, which are expected to boost the logistics demand, especially in the warehousing sector.
