The domestic tourism expenditure on tourism characteristic products in Denmark has shown a generally positive trend from 2013 to 2023, with significant fluctuations observed in certain years. For instance, there was a notable decline of 12.36% in 2020 due to the pandemic, followed by a recovery with an 8.22% increase in 2021 and a 7.77% rise in 2022. The forecasted CAGR from 2023 to 2028 is 2.41%, indicating moderate growth. Overall, the period from 2020 to 2023 averaged a yearly growth rate of 2.08%, recovering from the pandemic impact with consistent gains.
Future trends to watch for include the impact of policy changes on domestic tourism, shifts in consumer behavior post-pandemic, and technological advancements that could enhance tourist experiences and expenditure patterns. Monitoring these factors will be crucial for strategic planning in the tourism sector.
