Sweden Warehousing Market Size and Forecast (2018-2028) – Focus on Warehouse Market by Type, By Industries and Major Cities

Sweden Warehousing Market Size and Forecast (2018-2028) – Focus on Warehouse Market by Type, By Industries and Major Cities

Executive Summary

The warehousing market in Sweden exhibits strength and is poised for continued growth in the foreseeable future, fueled in part by the escalating prominence of e-commerce. Sweden, known for its progressive and forward-thinking approach, particularly shines in its capital city, positioning itself as a global frontrunner in the realm of e-commerce and offering an optimal platform for visionary entrepreneurs to drive transformative change.

Yearly rankings by the trade journal Intelligent Logistik consistently place the Gothenburg region at the forefront among Sweden's best logistics locations. This recognition is largely attributed to the Port of Gothenburg, the country's largest cargo hub, which, according to the jury, boasts infrastructure, investment programs, and growing cargo volumes that lay a robust foundation for future regional growth.

The year 2022 witnessed a robust performance in the Swedish logistics market, marked by an industrial and logistics investment volume exceeding SEK 50 billion. Notably, the period also saw a record-breaking influx of new deliveries, surpassing 1.3 million square meters.

In response to the global pandemic, warehouse owners have expanded their operational reach, elevated rates, and engaged in heightened competition. This trend is particularly evident among companies in the e-commerce sector, which have made substantial investments in warehouse facilities to meet the surging customer demand for products. This dynamic landscape underscores the adaptability and competitiveness of the Swedish warehousing sector in the face of evolving market demands.

Parcel Volume and Consumer Behavior

The latest report indicates a 3.1% increase in ecommerce package deliveries during Q1 2023 compared to the same quarter in 2022. This period witnessed a total of 47.9 million packages dispatched from ecommerce to private individuals. However, despite this increase in package deliveries, the overall parcel volume has shown a decreasing trend since 2022. This suggests that consumers are opting for less expensive products rather than refraining from online shopping altogether.

Robust Growth in Swedish Pharmaceutical Exports in 2022

In 2022, Sweden witnessed an impressive surge in pharmaceutical exports, reaching SEK 139.4 billion, marking a substantial 40 percent rise from the previous year. Over the past decade, the pharmaceutical export sector in Sweden has experienced remarkable growth, more than doubling its value. Currently, pharmaceutical exports contribute approximately seven percent to the country's total exports.

Moreover, the Cold Storage Warehousing Market: Meeting the Rising Demand for Secure Storage and Distribution of Pharmaceuticals

The cold storage warehousing market highlights the escalating need for secure storage and efficient distribution of pharmaceutical products, reflecting evolving consumer preferences and an enhanced emphasis on product quality.

Sweden Warehousing Market Growth Opportunities

The existing strong demand for logistics services in Sweden is expected to persist and potentially increase in the future. Despite a slight rise in the nationwide vacancy rate, indicating a small increase in available warehouse space, the overall outlook is optimistic. Forecasts suggest that there will be an expansion of land designated for the development of logistics properties in the next five years. This expansion aligns with the anticipation of continued growth in the logistics sector, reflecting a proactive response to the evolving needs of the industry and the broader economic landscape in Sweden.

Scope of the Study

Makreo Research conducted an in-depth study titled "Sweden Warehousing Market Size and Forecast (2018-2028) – Focus on Warehouse Market by Type, By Industries and Major Cities," presenting a thorough analysis of the market that considers a broad spectrum of factors. The report adopts a comprehensive approach by incorporating both qualitative and quantitative elements. The warehousing sector in Sweden holds a crucial role in the country's logistics and supply chain management, providing essential support to diverse industries such as retail, manufacturing, e-commerce, and more.

This industry has undergone substantial growth and transformation, driven by technological advancements, shifts in consumer behaviors, and changes in global trade patterns. The study delves into key facets of Sweden's warehousing sector, offering a SWOT analysis of companies operating within it. Furthermore, the report meticulously examines the historical and current performance of the industry, shedding light on potential growth opportunities in the future. By doing so, it equips readers with valuable insights to identify significant areas of interest and potential investment within Sweden's dynamic warehousing landscape.

Market Segmentation

By Services

• Warehousing
• Cold Chain

By Industry

• Food & Agriculture (Sea Food)
• Machinery
• Electrical and Electronics, Vehicle
• Pharmaceuticals
• Plastic and Plastic Products, Steel
• Others

By Geography

• Gothenburg region
• Helsingborg region
• Jonkoping region
• Eskilstuna region
• Ostgota region
• Stockholm North

Companies Covered

• Kloosterboer
• NTEX AB
• Frigoscandia
• Wohlins Fryshus Logistik AB
• Constellation Cold Logistics
• Klimat-transport & Logistik AB
• Lantmannen
• DB Schenker
• DHL
• ESME