Finland Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027
Summary
Travel & Tourism in Finland industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
- The Finnish travel and tourism industry had total revenues of $18.6 billion in 2022, representing a negative compound annual rate of change (CARC) of 0.5% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $7.4 billion, equivalent to 40% of the industry's overall value.
- In September 2022, Finland government issued bans on the entry of Russian tourists . The government slashed the number of visas issued to Russian citizens to 10% of the typical number as of September 1, 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Finland
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Finland travel & tourism market with five year forecasts by both value and volume
- What was the size of the Finland travel & tourism market by value in 2022?
- What will be the size of the Finland travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Finland travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in Finland's travel & tourism market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value 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 in the foodservice industry?
- 7.2. What strategies do these leading players follow?
- 7.3. How is technology being used by these leading companies?
- 7.4. Who are the leading players in the hotels and motels industry?
- 7.5. What strategies do the leading players follow?
- 7.6. What are the strengths of leading players?
- 7.7. Are there any threats to these leading players?
- 7.8. What have been the most recent developments in the hotels and motels industry?
- 8 Company Profiles
- 8.1. S Group
- 8.2. Hesburger
- 8.3. Scandic Hotels Group AB
- 8.4. Sokos Hotels
- 8.5. Doctor's Associates Inc
- 8.6. McDonald's Corp
- 8.7. Deutsche Lufthansa AG
- 8.8. Nordic Choice Hotels
- 8.9. Finnair Oyj
- 8.10. Norwegian Air Shuttle ASA
- 8.11. Lapland Hotels Oy
- 8.12. SAS Scandinavian Airlines Denmark A/S
- 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: Finland travel & tourism industry value: $ billion, 2017–22(e)
- Table 2: Finland travel & tourism industry category segmentation: % share, by value, 2017–2022(e)
- Table 3: Finland travel & tourism industry category segmentation: $ billion, 2017-2022
- Table 4: Finland travel & tourism industry geography segmentation: $ billion, 2022(e)
- Table 5: Finland travel & tourism industry value forecast: $ billion, 2022–27
- Table 6: S Group: key facts
- Table 7: S Group: Key Employees
- Table 8: Hesburger: key facts
- Table 9: Hesburger: Key Employees
- Table 10: Scandic Hotels Group AB: key facts
- Table 11: Scandic Hotels Group AB: Annual Financial Ratios
- Table 12: Scandic Hotels Group AB: Key Employees
- Table 13: Sokos Hotels: key facts
- Table 14: Sokos Hotels: Key Employees
- Table 15: Doctor's Associates Inc: key facts
- Table 16: Doctor's Associates Inc: Key Employees
- Table 17: McDonald's Corp: key facts
- Table 18: McDonald's Corp: Annual Financial Ratios
- Table 19: McDonald's Corp: Key Employees
- Table 20: McDonald's Corp: Key Employees Continued
- Table 21: McDonald's Corp: Key Employees Continued
- Table 22: Deutsche Lufthansa AG: key facts
- Table 23: Deutsche Lufthansa AG: Annual Financial Ratios
- Table 24: Deutsche Lufthansa AG: Key Employees
- Table 25: Nordic Choice Hotels: key facts
- Table 26: Nordic Choice Hotels: Key Employees
- Table 27: Finnair Oyj: key facts
- Table 28: Finnair Oyj: Annual Financial Ratios
- Table 29: Finnair Oyj: Key Employees
- Table 30: Norwegian Air Shuttle ASA: key facts
- Table 31: Norwegian Air Shuttle ASA: Annual Financial Ratios
- Table 32: Norwegian Air Shuttle ASA: Key Employees
- Table 33: Lapland Hotels Oy: key facts
- Table 34: Lapland Hotels Oy: Key Employees
- Table 35: Lapland Hotels Oy: Key Employees Continued
- Table 36: SAS Scandinavian Airlines Denmark A/S: key facts
- Table 37: SAS Scandinavian Airlines Denmark A/S: Key Employees
- Table 38: Finland size of population (million), 2018–22
- Table 39: Finland gdp (constant 2005 prices, $ billion), 2018–22
- Table 40: Finland gdp (current prices, $ billion), 2018–22
- Table 41: Finland inflation, 2018–22
- Table 42: Finland consumer price index (absolute), 2018–22
- Table 43: Finland exchange rate, 2018–22
- List of Figures
- Figure 1: Finland travel & tourism industry value: $ billion, 2017–22(e)
- Figure 2: Finland travel & tourism industry category segmentation: $ billion, 2017-2022
- Figure 3: Finland travel & tourism industry geography segmentation: % share, by value, 2022(e)
- Figure 4: Finland travel & tourism industry value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Finland, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Finland, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Finland, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Finland, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Finland, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Finland, 2022
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