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Wednesday, 7 October 2015

Construction in Sweden - Key Trends and Opportunities to 2019


Timetric’s Construction in Sweden - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Swedish construction industry including:

The Swedish construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs for each project type in Sweden
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Swedish construction industry
Profiles of the leading operators in the Swedish construction industry.
Data highlights of the largest construction projects in Sweden

Executive summary

The Swedish construction industry will continue to expand over the forecast period (2015–2019) due to government investment in infrastructure, energy and residential projects.

While addressing the housing shortage and focusing on developing renewable energy sources, the government also aims to improve its transport and tourism infrastructure.

Over the forecast period, growth will also be driven by increasing public and private sector investments, disposable income, population growth and urbanization

In real terms, the industry’s growth rate is expected to decelerate over the forecast period. The industry’s slow growth rate can be attributed to weak economic conditions, due to uncertain economic developments in the eurozone, and very slow economic growth in neighboring countries such as Norway and Finland.


This report provides a comprehensive analysis of the construction industry in Sweden. It provides:

Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in Sweden using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Sweden

Reasons to buy

Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using Timetric's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors

Key highlights

According to the Organisation for Economic Co-operation and Development (OECD), Sweden is one of the lowest-carbon-emitting countries in the organization. As part of its energy policy, the government has set the target to be independent of fossil fuels by 2030 and to be a country with no net greenhouse gas (GHG) emissions by 2050. To achieve these targets, it plans to invest in renewable energy projects. Investments include the construction of a wind farm in Markbygden, Stor-Blaliden and the Gulf of the Bothnia Sea.
In order to improve the residential construction market and thereby increase the housing supply for its citizens, an amount of SEK3.2 billion (US$384.0 million) per annum has been made available for companies constructing student accommodation and rental properties, as part of the government’s 2016 budget. Private sector investments will also support the residential construction market’s development.

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Sweden is expected to record an increase in healthcare investments, as the proportion of elderly people (aged 65 and above) is expected to increase from 1.9 million in 2013 to 3.0 million by 2060. This will make the need for healthcare facilities greater. Accordingly, the government is investing in the construction of hospitals. Investments include the construction of the New Karolinska Solna University Hospital project in Stockholm by 2018. Sörmland County Council is also planning to refurbish and extend three hospitals in Södermanland, Sweden by 2023.
Industrial construction will be fueled by private investments. Projects include the construction of a pulp manufacturing facility in Varo, Södra Cell AB is expanding an existing pulp manufacturing facility as well as modernizing two pulp manufacturing lines to increase the production capacity from 380,000TPA to 425,000TPA in Mörrum, Blekinge.
The Swedish housing market registered a strong performance in 2014, amid moderate economic growth. According to Sveriges Riksbank, the number of new construction projects for multi-family housing increased by 16.0% in 2014, when compared with 2013. The number of new construction projects for multi-family housing, increased from 23,656 units in 2013 to 27,436 units in 2014. The number of new multi-family housing starts, increased from 13,891 units during the first half of 2014 to 14,233 units in the same period of 2015.

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