The share of travel services in commercial service imports in Switzerland was 11.06% in 2023. The forecasted data shows a steady increase, with a projected share of 11.12% in 2024, growing to 11.5% by 2028. This indicates a year-on-year growth of approximately 0.9% from 2024 to 2025, 0.8% from 2025 to 2026, 0.8% from 2026 to 2027, and 0.5% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is about 0.8%.
Future trends to watch for include potential impacts from changes in global travel regulations, digital transformation in travel services, and economic fluctuations that could affect travel spending. Additionally, shifts in consumer preferences toward sustainable and experiential travel may influence the market dynamics in the upcoming years.
