Travel and Tourism in Norway

Travel and Tourism in Norway

Summary

Travel & Tourism in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.
  • The Norwegian travel & tourism industry had total revenues of $20.8bn in 2019, representing a compound annual growth rate (CAGR) of 1.5% between 2015 and 2019.
  • The foodservice segment was the industry's most lucrative in 2019, with total revenues of $6.4bn, equivalent to 30.8% of the industry's overall value.
  • Growing tourism volumes in Norway have facilitated growth over the past decade. Overnight stays in 2019 increased for the sixth successive year, hitting a new record of 35.2 million guest nights.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Norway
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Norway travel & tourism market with five year forecasts
Reasons to Buy
  • What was the size of the Norway travel & tourism market by value in 2019?
  • What will be the size of the Norway travel & tourism market in 2024?
  • What factors are affecting the strength of competition in the Norway travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Norway's travel & tourism market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the hotels and motels industry?
7.2. What strategies do these leading players follow?
7.3. How are these leading players implementing sustainability initiatives?
7.4. Are there any threats to these leading players?
7.5. Who are the leading players in the foodservice industry?
7.6. What strategies do these leading players follow?
7.7. How is technology being used by these leading companies?
7.8. How are foodservice companies responding to consumer trends?
7.9. Who are the leading players in the airlines industry?
7.10. How has COVID-19 impacted players?
8 Company Profiles
8.1. Scandic Hotels AB
8.2. Nordic Choice Hotels AS
8.3. Thon Hotels
8.4. McDonald's Corp
8.5. Radisson Hotel Group
8.6. SAS AB
8.7. Norwegian Air Shuttle ASA
8.8. NorgesGruppen ASA
8.9. Restaurant Brands International Inc
8.10. Ryanair Holdings plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Norway travel & tourism industry value: $ billion, 2015-19
Table 2: Norway travel & tourism industry category segmentation: $ billion, 2019
Table 3: Norway travel & tourism industry geography segmentation: $ billion, 2019
Table 4: Norway travel & tourism industry value forecast: $ billion, 2019-24
Table 5: Scandic Hotels AB: key facts
Table 6: Scandic Hotels AB: Key Employees
Table 7: Nordic Choice Hotels AS: key facts
Table 8: Nordic Choice Hotels AS: Key Employees
Table 9: Thon Hotels: key facts
Table 10: Thon Hotels: Key Employees
Table 11: McDonald's Corp: key facts
Table 12: McDonald's Corp: Key Employees
Table 13: McDonald's Corp: Key Employees Continued
Table 14: Radisson Hotel Group: key facts
Table 15: Radisson Hotel Group: Key Employees
Table 16: Radisson Hotel Group: Key Employees Continued
Table 17: SAS AB: key facts
Table 18: SAS AB: Key Employees
Table 19: Norwegian Air Shuttle ASA: key facts
Table 20: Norwegian Air Shuttle ASA: Key Employees
Table 21: NorgesGruppen ASA: key facts
Table 22: NorgesGruppen ASA: Key Employees
Table 23: Restaurant Brands International Inc: key facts
Table 24: Restaurant Brands International Inc: Key Employees
Table 25: Ryanair Holdings plc: key facts
Table 26: Ryanair Holdings plc: Key Employees
Table 27: Norway size of population (million), 2015-19
Table 28: Norway gdp (constant 2005 prices, $ billion), 2015-19
Table 29: Norway gdp (current prices, $ billion), 2015-19
Table 30: Norway inflation, 2015-19
Table 31: Norway consumer price index (absolute), 2015-19
Table 32: Norway exchange rate, 2015-19
List of Figures
Figure 1: Norway travel & tourism industry value: $ billion, 2015-19
Figure 2: Norway travel & tourism industry category segmentation: % share, by value, 2019
Figure 3: Norway travel & tourism industry geography segmentation: % share, by value, 2019
Figure 4: Norway travel & tourism industry value forecast: $ billion, 2019-24
Figure 5: Forces driving competition in the travel & tourism industry in Norway, 2019
Figure 6: Drivers of buyer power in the travel & tourism industry in Norway, 2019
Figure 7: Drivers of supplier power in the travel & tourism industry in Norway, 2019
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Norway, 2019
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Norway, 2019
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Norway, 2019

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook