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Finland Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 66 Pages
  • March 2023
  • Region: Finland
  • MarketLine
  • ID: 5782315
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.

Scope

  • 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

Reasons to Buy

  • 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?

Table of Contents

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 research
10.4. About the analyst
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 (contd.)
Table 21: McDonald's Corp: Key Employees (contd.)
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 (contd.)
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

Companies Mentioned (Partial List)

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

  • S Group
  • Hesburger
  • Scandic Hotels Group AB
  • Sokos Hotels
  • Doctor's Associates Inc
  • McDonald's Corp
  • Deutsche Lufthansa AG
  • Nordic Choice Hotels
  • Finnair Oyj
  • Norwegian Air Shuttle ASA
  • Lapland Hotels Oy
  • SAS Scandinavian Airlines Denmark A/S

Table Information