In 2023, the value added of travel services in Finland stood at 288.0 Million Euros. Based on the forecasted data, the sector is expected to grow consistently each year from 2024 to 2028, reaching 312.0 Million Euros in 2028. This reveals an annual growth of around 1.7% from 2024 to 2028.
Year-on-year variations show a steady increase in value added:
- 2024 to 2025: 1.7%
- 2025 to 2026: 1.3%
- 2026 to 2027: 1.7%
- 2027 to 2028: 1.6%
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 indicates a stable average growth of approximately 1.6% per year.
Future trends to watch for include the influence of technological advancements on travel services, shifts in consumer preferences towards sustainable travel, and potential economic fluctuations impacting disposable incomes and travel spending.
