Forecast: Production Value of Travel Agency in Denmark

Based on the provided data, the production value of travel agencies in Denmark is forecasted to grow steadily from €1.35 billion in 2024 to €1.64 billion by 2028. Given the data, the production value in 2023 stood at approximately €1.28 billion. The year-on-year growth shows a consistent increase, with a variation of 5.2% in 2025, 5.6% in 2026, 4.7% in 2027, and 4.5% in 2028. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is expected to be around 5.0%, indicating an average annual growth rate reflective of ongoing industry health and expansion.

Looking ahead, several factors could influence future trends in the travel agency sector in Denmark:

- Increased digitalization and the rise of online travel booking platforms.
- Changes in consumer preferences toward sustainable and eco-friendly travel options.
- Potential economic fluctuations and their impact on discretionary spending for travel.
- Innovations in personalized travel experiences and customization.
- Regulatory changes at the European Union level that might affect travel policies and agency operations.

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