Travel & Tourism in Sweden
Summary
Travel & Tourism in Sweden industry profile provides top-line qualitative and quantitative summary information including: market size (value 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
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Swedish travel & tourism industry recorded revenues of $19.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.4% between 2018 and 2023.
- The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $5.7 billion, equivalent to 29.4% of the industry's overall value.
- In 2023, the industry experienced a significant value increase, recovering from recent declines, primarily driven by increasing capital investment, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Sweden reached $7.5 billion in 2023, reflecting a 5.1% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Sweden
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Sweden
- 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 Sweden travel & tourism market with five year forecasts
- What was the size of the Sweden travel & tourism market by value in 2023?
- What will be the size of the Sweden travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Sweden travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Sweden'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?
- 7.2. What are the strategies of the leading players?
- 7.3. What are recent developments in the industry?
- 8 Company Profiles
- 8.1. Unlimited Travel Group AB
- 8.2. Scandic Hotels Group AB
- 8.3. McDonald's Corp
- 8.4. Sparbanken Alingsas AB
- 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: Sweden travel & tourism industry value: $ million, 2018-23
- Table 2: Sweden travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Sweden travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Sweden travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Sweden travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Unlimited Travel Group AB: Key Facts
- Table 7: Unlimited Travel Group AB: Annual Financial Ratios
- Table 8: Unlimited Travel Group AB: Key Employees
- Table 9: Scandic Hotels Group AB: Key Facts
- Table 10: Scandic Hotels Group AB: Annual Financial Ratios
- Table 11: Scandic Hotels Group AB: Key Employees
- Table 12: McDonald's Corp: Key Facts
- Table 13: McDonald's Corp: Annual Financial Ratios
- Table 14: McDonald's Corp: Key Employees
- Table 15: McDonald's Corp: Key Employees Continued
- Table 16: Sparbanken Alingsas AB: Key Facts
- Table 17: Sparbanken Alingsas AB: Key Employees
- Table 18: Sweden Size of Population (million), 2019-23
- Table 19: Sweden Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 20: Sweden GDP (Current Prices, $ Billion), 2019-23
- Table 21: Sweden Inflation, 2019-23
- Table 22: Sweden Consumer Price Index (Absolute), 2019-23
- Table 23: Sweden Exchange Rate, 2018-23
- List of Figures
- Figure 1: Sweden travel & tourism industry value: $ million, 2018-23
- Figure 2: Sweden travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Sweden travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Sweden travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Sweden, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Sweden, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Sweden, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Sweden, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Sweden, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Sweden, 2023
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