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New Cars in Sweden

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    Report

  • 48 Pages
  • September 2025
  • Region: Sweden
  • MarketLine
  • ID: 6049962
New Cars in Sweden industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • The Swedish new cars market recorded revenues of $12.4 billion in 2024, representing a negative compound annual growth rate (CAGR) of 3.8% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 5.5% between 2019 and 2024, reaching a total of 262,257.0 units in 2024.
  • In 2024, Sweden accounted for a share of 2.5% of the European new cars market.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Sweden
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Sweden
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Sweden new cars market with five year forecasts

Reasons to Buy

  • What was the size of the Sweden new cars market by value in 2024?
  • What will be the size of the Sweden new cars market in 2029?
  • What factors are affecting the strength of competition in the Sweden new cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Sweden's new cars market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the strengths of the leading players?
8 Company Profiles
8.1. Hyundai Motor Co
8.2. Toyota Motor Corp
8.3. Geely Automobile Holdings Ltd
8.4. Volkswagen AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Sweden new cars market value: $ billion, 2019-24
Table 2: Sweden new cars market volume: units, 2019-24
Table 3: Sweden new cars market geography segmentation: $ billion, 2024
Table 4: Sweden new cars market value forecast: $ billion, 2024-29
Table 5: Sweden new cars market volume forecast: units, 2024-29
Table 6: Sweden new cars market share: % share, by volume, 2024
Table 7: Hyundai Motor Co: Key Facts
Table 8: Hyundai Motor Co: Annual Financial Ratios
Table 9: Hyundai Motor Co: Key Employees
Table 10: Hyundai Motor Co: Key Employees Continued
Table 11: Toyota Motor Corp: Key Facts
Table 12: Toyota Motor Corp: Annual Financial Ratios
Table 13: Toyota Motor Corp: Key Employees
Table 14: Geely Automobile Holdings Ltd: Key Facts
Table 15: Geely Automobile Holdings Ltd: Annual Financial Ratios
Table 16: Geely Automobile Holdings Ltd: Key Employees
Table 17: Volkswagen AG: Key Facts
Table 18: Volkswagen AG: Annual Financial Ratios
Table 19: Volkswagen AG: Key Employees
Table 20: Volkswagen AG: Key Employees Continued
Table 21: Sweden Size of Population (Million), 2020-24
Table 22: Sweden Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Sweden GDP (Current Prices, $ Billion), 2020-24
Table 24: Sweden Inflation, 2020-24
Table 25: Sweden Consumer Price Index (Absolute), 2020-24
Table 26: Sweden Exchange Rate, 2019-24
List of Figures
Figure 1: Sweden new cars market value: $ billion, 2019-24
Figure 2: Sweden new cars market volume: units, 2019-24
Figure 3: Sweden new cars market geography segmentation: % share, by value, 2024
Figure 4: Sweden new cars market value forecast: $ billion, 2024-29
Figure 5: Sweden new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in Sweden, 2024
Figure 7: Drivers of buyer power in the new cars market in Sweden, 2024
Figure 8: Drivers of supplier power in the new cars market in Sweden, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Sweden, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in Sweden, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in Sweden, 2024
Figure 12: Sweden new cars market share: % share, by volume, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Hyundai Motor Co
  • Toyota Motor Corp
  • Geely Automobile Holdings Ltd
  • Volkswagen AG