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

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    Report

  • 71 Pages
  • March 2023
  • Region: Norway
  • MarketLine
  • ID: 5781986
Travel & Tourism in Norway industry profile provides top-line qualitative and quantitative summary information including: 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 Norwegian travel and tourism industry had total revenues of $22.2billion in 2022, representing a compound annual growth rate (CAGR) of 1.1% between 2017 and 2022.
  • Travel intermediaries was the industry's largest segment in 2022, with total revenues of $5.8 billion, equivalent to 26.2% of the industry's overall value.
  • Norway is one of the famous countries for its glittering fjords, northern lights, nature adventures, beaches, deep valleys and others, which attracts large number of visitors every year. Oslo, Tromsø, Lofoten, Bergen and Trondheim, are some of the popular cities across Norway.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Norway
  • 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 Norway travel & tourism market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Norway travel & tourism market by value in 2022?
  • What will be the size of the Norway travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Norway travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Norway'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. McDonald's Corp
8.2. Pizzabakeren Invest AS
8.3. Nordic Choice Hotels
8.4. Scandic Hotels Group AB
8.5. NorgesGruppen ASA
8.6. Restaurant Brands International Inc
8.7. Norwegian Air Shuttle ASA
8.8. SAS Scandinavian Airlines Denmark A/S
8.9. Thon Hotels
8.10. Ryanair Holdings plc
8.11. Wizz Air Holdings Plc
8.12. Radisson Hotel Group
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: Norway travel & tourism industry value: $ billion, 2017-22(e)
Table 2: Norway travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
Table 3: Norway travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: Norway travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: Norway travel & tourism industry value forecast: $ billion, 2022-27
Table 6: McDonald's Corp: key facts
Table 7: McDonald's Corp: Annual Financial Ratios
Table 8: McDonald's Corp: Key Employees
Table 9: McDonald's Corp: Key Employees (contd.)
Table 10: McDonald's Corp: Key Employees (contd.)
Table 11: Pizzabakeren Invest AS: key facts
Table 12: Pizzabakeren Invest AS: Key Employees
Table 13: Nordic Choice Hotels: key facts
Table 14: Nordic Choice Hotels: Key Employees
Table 15: Scandic Hotels Group AB: key facts
Table 16: Scandic Hotels Group AB: Annual Financial Ratios
Table 17: Scandic Hotels Group AB: Key Employees
Table 18: NorgesGruppen ASA: key facts
Table 19: NorgesGruppen ASA: Key Employees
Table 20: Restaurant Brands International Inc: key facts
Table 21: Restaurant Brands International Inc: Annual Financial Ratios
Table 22: Restaurant Brands International Inc: Key Employees
Table 23: Norwegian Air Shuttle ASA: key facts
Table 24: Norwegian Air Shuttle ASA: Annual Financial Ratios
Table 25: Norwegian Air Shuttle ASA: Key Employees
Table 26: SAS Scandinavian Airlines Denmark A/S: key facts
Table 27: SAS Scandinavian Airlines Denmark A/S: Key Employees
Table 28: Thon Hotels: key facts
Table 29: Thon Hotels: Key Employees
Table 30: Ryanair Holdings plc: key facts
Table 31: Ryanair Holdings plc: Annual Financial Ratios
Table 32: Ryanair Holdings plc: Key Employees
Table 33: Wizz Air Holdings Plc: key facts
Table 34: Wizz Air Holdings Plc: Annual Financial Ratios
Table 35: Wizz Air Holdings Plc: Key Employees
Table 36: Radisson Hotel Group: key facts
Table 37: Radisson Hotel Group: Key Employees
Table 38: Radisson Hotel Group: Key Employees (contd.)
Table 39: Norway size of population (million), 2018-22
Table 40: Norway gdp (constant 2005 prices, $ billion), 2018-22
Table 41: Norway gdp (current prices, $ billion), 2018-22
Table 42: Norway inflation, 2018-22
Table 43: Norway consumer price index (absolute), 2018-22
Table 44: Norway exchange rate, 2018-22
List of Figures
Figure 1: Norway travel & tourism industry value: $ billion, 2017-22(e)
Figure 2: Norway travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: Norway travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: Norway travel & tourism industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in Norway, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Norway, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Norway, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Norway, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Norway, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Norway, 2022

Companies Mentioned (Partial List)

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

  • McDonald's Corp
  • Pizzabakeren Invest AS
  • Nordic Choice Hotels
  • Scandic Hotels Group AB
  • NorgesGruppen ASA
  • Restaurant Brands International Inc
  • Norwegian Air Shuttle ASA
  • SAS Scandinavian Airlines Denmark A/S
  • Thon Hotels
  • Ryanair Holdings plc
  • Wizz Air Holdings Plc
  • Radisson Hotel Group

Table Information