Updated Feb 5, 2023 06:08

Table Linen Market in Sweden

Market Overview
The Swedish table linen market soared to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated temperate growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Table linen consumption peaked in and is expected to retain growth in the near future.

In value terms, table linen production stood at $ in estimated in export price. Overall, production saw a significant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by %. Table linen production peaked at $ in ; however, from to , production failed to regain momentum.


Consumption
In , consumption of table linen, knitted or crocheted in Sweden rose slightly to units, surging by % against figures. Overall, consumption recorded a relatively flat trend pattern. Table linen consumption peaked in and is expected to retain growth in the immediate term.

The value of the table linen market in Sweden soared to $ in , jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a notable expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Over the period under review, the market attained the maximum level in and is expected to retain growth in years to come.


Market Forecast
Driven by increasing demand for table linen in Sweden, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Sweden domestic supply is expected to continue its growth. Table linen market in Sweden consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Sweden remains a net importer of table linen; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.