Forecast: Production in Tour Operator Activities Sector in Denmark

The tour operator activities sector in Denmark, expressed in Billion Danish Krones, experienced varied growth rates from 2013 to 2023. The value stood at 13.32 Billion Danish Krones in 2023. The sector saw significant fluctuation, with notable low points in 2016 and 2020, yet dramatic growth in 2017 and a rapid recovery post-pandemic by 2021. The year-on-year increase from 2022 to 2023 was 16.55%.

Over the last two years, the average yearly growth was steady, with a recent CAGR of -0.75% over the last five years. Looking ahead, from 2024 to 2028, the sector is forecasted to grow annually at an average CAGR of 0.49%, anticipating reaching a value of 13.74 Billion Danish Krones by 2028.

  • Significant growth spikes in 2017 and post-2020 recovery.
  • Projections suggest modest constant growth from 2024 onwards.

Future trends to watch for include potential impacts of technological advancements, environmental policies on tourism, and economic conditions affecting discretionary spending in the travel and tourism sector.

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