Airlines in Scandinavia
Summary
Airlines in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Airlines industry covers passenger air transportation, including scheduled flights but excludes air freight transport. Industry volume is defined as the total seats sold by airlines registered in a particular country or region. Industry value is defined as the total airline revenue generated from passenger traffic. It is calculated by multiplying the average revenue per passenger by the seats sold.
- The Scandinavian airlines industry recorded revenues of $16.7 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.7% between 2018 and 2023.
- Industry consumption volumes declined with a negative CAGR of 3.4% between 2018 and 2023, to reach a total of 114,523.4 thousand seats in 2023.
- In 2023, Denmark accounted for a 31.2% share in the Scandinavian airlines industry, making it the largest market in the region. This is followed by Norway and Sweden with a share of 26.9% and 22.7% respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the airlines market in Scandinavia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the airlines market in Scandinavia
- Leading company profiles reveal details of key airlines market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Scandinavia airlines market with five year forecasts by both value and volume
- What was the size of the Scandinavia airlines market by value in 2023?
- What will be the size of the Scandinavia airlines market in 2028?
- What factors are affecting the strength of competition in the Scandinavia airlines market?
- How has the market performed over the last five years?
- Who are the top competitors in Scandinavia's airlines market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 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. Category segmentation
- 4.2. 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. Who are the leading players?
- 7.2. What are the strengths of leading players?
- 7.3. What are the new flight routes launched by leading players?
- 7.4. Has there been any recent development in the market?
- 8 Company Profiles
- 8.1. SAS AB
- 8.2. Norwegian Air Shuttle ASA
- 8.3. Finnair Oyj
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Scandinavia airlines industry value: $ million, 2018-23
- Table 2: Scandinavia airlines industry volume: thousand number of seats, 2018-23
- Table 3: Scandinavia airlines industry category segmentation: % share, by value, 2018-23
- Table 4: Scandinavia airlines industry category segmentation: $ million, 2018-23
- Table 5: Scandinavia airlines industry geography segmentation: $ million, 2023
- Table 6: Scandinavia airlines industry value forecast: $ million, 2023-28
- Table 7: Scandinavia airlines industry volume forecast: thousand number of seats, 2023-28
- Table 8: SAS AB: key facts
- Table 9: SAS AB: Key Employees
- Table 10: Norwegian Air Shuttle ASA: key facts
- Table 11: Norwegian Air Shuttle ASA: Annual Financial Ratios
- Table 12: Norwegian Air Shuttle ASA: Key Employees
- Table 13: Finnair Oyj: key facts
- Table 14: Finnair Oyj: Annual Financial Ratios
- Table 15: Finnair Oyj: Key Employees
- Table 16: Scandinavia exchange rate, 2018-23
- List of Figures
- Figure 1: Scandinavia airlines industry value: $ million, 2018-23
- Figure 2: Scandinavia airlines industry volume: thousand number of seats, 2018-23
- Figure 3: Scandinavia airlines industry category segmentation: $ million, 2018-23
- Figure 4: Scandinavia airlines industry geography segmentation: % share, by value, 2023
- Figure 5: Scandinavia airlines industry value forecast: $ million, 2023-28
- Figure 6: Scandinavia airlines industry volume forecast: thousand number of seats, 2023-28
- Figure 7: Forces driving competition in the airlines industry in Scandinavia, 2023
- Figure 8: Drivers of buyer power in the airlines industry in Scandinavia, 2023
- Figure 9: Drivers of supplier power in the airlines industry in Scandinavia, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the airlines industry in Scandinavia, 2023
- Figure 11: Factors influencing the threat of substitutes in the airlines industry in Scandinavia, 2023
- Figure 12: Drivers of degree of rivalry in the airlines industry in Scandinavia, 2023
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