Finland
Finland StatisticsConsumer Lifestyles in FinlandFinland Country Briefings
Country Briefing
Income and Expenditure: Finland
Jan 2019
Per capita gross income is set to improve and remain one of the highest globally by 2030, as a result of Finland’s structural reforms, driving employment and wage growth. However, the country’s increasing income inequality and rising household debt ...
Country Report
Apparel and Footwear Specialist Retailers in Finland
Jan 2019
According to the trade association Muoti- ja urheilukauppa TMA, in 2017 around a fifth of all value sales of apparel and a 10th of that of footwear came from online sales, either through apparel or sports goods online specialists....
Country Report
Convenience Stores in Finland
Jan 2019
The deregulation of opening hours at the beginning of 2016 had a negative impact on convenience stores. Together with forecourt retailers, this used to be the modern grocery retail channel which stayed open when larger outlets were closed. Due to the...
Country Report
Department Stores in Finland
Jan 2019
Department stores is a channel which has clearly already passed its best before date. Partly due to the bankruptcy of the Anttila chain, the channel witnessed decreases in outlet numbers in most years of the review period, and at the same time a far ...
Country Report
Direct Selling in Finland
Jan 2019
During most of the review period, direct selling managed to see rising sales in Finland. A reason for this was the economic problems Finland suffered. As such, direct selling benefited from people wanting to earn extra income, as finding a ...
Country Report
Discounters in Finland
Jan 2019
Since the launch of Lidl in Finland, the chain has managed to reposition itself in an exemplary way. In the beginning, Lidl was synonymous with secretive and arrogant communications, and as such was treated with caution by entities such as trade ...
Country Report
Electronics and Appliance Specialist Retailers in Finland
Jan 2019
Consumer electronics and appliances combined compete with apparel and footwear for the position of the biggest internet retailing category in Finland. On the one hand, this threatens the sales of electronics and appliance specialist retailers, and on...
Country Report
Food and Drink Internet Retailing in Finland
Jan 2019
Despite recent high growth rates, food and drink internet retailing enjoys just a low single-digit value share within overall internet retailing in Finland. Even though growth is expected, the proportion of food and drink within overall online sales ...
Country Report
Health and Beauty Specialist Retailers in Finland
Jan 2019
As of 2018, nicotine replacement therapy products were the exception amongst all medicines, which can be sold outside of store-based pharmacies and their online arms. Further liberalisation of sales of medicines in Finland would possibly mean ...
Country Report
Home and Garden Specialist Retailers in Finland
Jan 2019
The desire for good quality, uncertainty about regulations, convenience and lack of time are encouraging more consumers to outsource more complicated home improvement tasks to professionals. This trend is boosting B2B sales, meaning that the growth ...
Country Report
Homeshopping in Finland
Jan 2019
In the review period, homeshopping was the second worst performing retail channel in Finland, trailing only the troubled department stores channel, due to suffering from an identity crisis and a major bankruptcy. In the forecast period, homeshopping ...
Country Report
Hypermarkets in Finland
Jan 2019
Since the deregulation of retailing hours, in the vast majority of cases retailers can themselves decide when their outlets open and close. In late 2016, a Prisma outlet in Kannelmäki, Helsinki, trialled 24/7 opening, which by 2018 had expanded to ...
Country Report
Internet Retailing in Finland
Jan 2019
The steep increase in cross-border internet retailing has brought safety issues to the fore....
Country Report
Mobile Internet Retailing in Finland
Jan 2019
The growth in mobile internet retailing is expected to remain higher than the overall growth of internet retailing and far higher than overall retailing. Yet, after the strong dynamism of the review period, growth rates are expected to slow down, ...
Country Report
Retailing in Finland
Jan 2019
For the last 10 years, Finland has been an underperformer amongst Western European economies, going through times when moving out of the quagmire of low economic achievement seemed far away. Towards the end of the review period, Finnish economic ...
Country Briefing
Natural Resources: Finland
Jan 2019
Agriculture only contributes in a minor way to Finland’s economy; however, forestry is a well-developed sector and leading export industry. The energy sector is dependent on fossil-fuel imports due to the lack of domestic resources. Even though ...
Strategy Briefing
Manufacturing Industries Most Ready to Expand B2B E-Commerce
Dec 2018
Although the growth of B2B e-commerce is expected to accelerate over the coming years, not all industries are equally suitable and prepared for embracing digital selling. The manufacturers most ready to launch their digital selling activities include...
Strategy Briefing
Economies in 2019
Dec 2018
Euromonitor International predicts that the global economy will slow in 2019 with annual growth of 3.6% in real terms. We offer key insights from economy, finance and trade; cities; business dynamics; industrial; and natural resources perspectives. ...
Country Report
Packaged Food in Finland
Dec 2018
Packaged food in Finland recorded its best rate of growth in retail current value sales of the entire review period in 2018. This was not surprising, as a third consecutive year of growth for the Finnish economy confirmed the country had left the ...
Country Profile
Finland: Country Profile
Dec 2018
Finland’s economy is growing steadily. Investment is rising thanks to the launch of major industrial projects (in energy, forestry and metals) and exports will see another year of strong growth. Consumer spending remains subdued and public spending ...
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