Key Market Indicators
The Norwegian travel agency sector is projected to see its revenue rise to approximately €2.7 billion by 2028, up from €2.7 billion in 2023. This reflects a modest average annual growth rate of 0.2%. Over the past decade, the market has experienced a more robust annual increase, averaging 1.4% since 2013. In the current year, Norway ranks eighth in terms of travel agency revenue. Belgium slightly edged out Norway with an equivalent revenue of €2.7 billion in 2023. Leading the European market, Spain, Germany, and Italy secured the second, third, and fourth spots, respectively.
