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Cologne City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

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    Country Profile

  • 32 Pages
  • February 2024
  • Region: Global
  • MarketLine
  • ID: 5960450
“City Profile - Cologne” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Cologne.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Cologne (Köln) metropolitan area, situated in North Rhine-Westphalia, Germany, stands as a vital industrial and commercial hub, contributing 2.7% to the nation's GDP in 2023. In 2023, the Cologne metropolitan area's economy declined by 0.6% due to high interest rates and weak foreign trade, despite increased consumer spending. Global economic sluggishness, especially in China, impacted Germany's export-oriented economy. Challenges like high interest rates, labor shortages, and budget uncertainties persist, leading to delayed investments, notably affecting industries like construction and services. Industrial stagnation continues for the fourth consecutive year, highlighting ongoing economic difficulties

Scope

  • The service sector mainly drives the economic growth of the area, accounting for 78.9% of the total GDP in 2023
  • Leisure travel continued its stable recovery in 2023 resulting in increased overall visitation and spending in the area. Additionally, resumption of business events in the area has supported the growth in visitor’s spending helping in the overall recovery of tourism sector

Reasons to Buy

  • Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
  • Analyze and understand the business environment in the city to align your investment and expansion strategies.
  • The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
  • Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

1. City Snapshot
2. PEST Analysis
2.1 Political
2.2 Economic
2.3 Social
3. Technology and Infrastructure
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
4. Business Environment Analysis
5. Travel and Tourism
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. Construction and Real Estate
6.1 Investment
6.2 Real Estate Market
7. Retail
7.1 Retail Market
7.2 Consumption, Income and Prices
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List of Tables
Table 1: Cologne metropolitan area - key facts (estimates), 2023
Table 2: Cologne metropolitan area - real GDP and real GDP growth, 2000-30
Table 3: Cologne metropolitan area - economic growth comparison (Index 2010=100), 2000-30
Table 4: Cologne metropolitan area - GDP per capita comparison, 2000-30 ($)
Table 5: Cologne metropolitan area - employment structure, 2000-30 (% of total)
Table 6: Cologne metropolitan area - main universities, 2023
Table 7: Cologne metropolitan area - population comparison, 2000-30 (million)
Table 8: Cologne metropolitan area - population by age, 2000-30 (% of total)
Table 9: Cologne metropolitan area - mass transit network indicators, 2022
Table 10: Cologne metropolitan area - Cologne Bonn Airport, key indicators, 2018-22
Table 11: Cologne city - tourist arrivals, 2018-23* (number)
Table 12: Cologne city - overnight stays, 2018-23* (number)
Table 13: Cologne city - Hotel KPIs, 2018-22
Table 14: Cologne metropolitan area - UNESCO World Heritage sites
Table 15: Cologne metropolitan area - MICE and other events
List of Figures
Figure 1: Cologne metropolitan area - real GDP and real GDP growth, 2000-30
Figure 2: Cologne metropolitan area - economic growth comparison (Index 2010=100), 2000-30
Figure 3: Cologne metropolitan area - GDP per capita comparison, 2000-30
Figure 4: Cologne metropolitan area - employment structure, 2000-30 (% of total)
Figure 5: Cologne metropolitan area - population comparison, 2000-30
Figure 6: Cologne metropolitan area - population by age, 2000-30 (% of total)