| Product Code: ETC4794552 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Finland wallet import market in 2024 continues to showcase strong growth with a CAGR of 0.35% from 2020 to 2024. The top countries exporting to Finland include China, Metropolitan France, India, Netherlands, and Italy, reflecting a diverse range of sources. Despite this diversity, the market remains highly concentrated with a high Herfindahl-Hirschman Index (HHI) in 2024. The growth rate from 2023 to 2024 is particularly significant at 8.41%, indicating a positive trend in the importation of wallets into Finland.
The wallet market in Finland caters to both traditional and digital trends. While luxury leather wallets remain popular, the rise of digital wallets highlights the shift toward contactless payments and financial technology innovations.
The Finland Wallet Market is expanding due to the growing adoption of digital wallets and mobile payment solutions. With the increasing use of smartphones and mobile apps, consumers are looking for more convenient and secure ways to manage their payments and personal finances. Digital wallets offer quick, contactless payment options, which are appealing in todays fast-paced lifestyle. Moreover, the rise of e-commerce and online transactions, coupled with advancements in security technologies like biometrics and encryption, is driving the growth of the digital wallet market.
The wallet market in Finland faces competition from digital payment systems and contactless technology. Changing consumer preferences toward minimalism and high costs of luxury wallets also impact market growth.
The Wallet market in Finland is guided by consumer protection regulations that ensure the safety and security of financial transactions. Finlands financial regulatory framework, including policies for electronic payments and data protection, helps safeguard consumer interests in the use of digital wallets and payment applications. Government policies promoting the adoption of cashless transactions and the use of mobile payment systems also encourage the growth of the wallet market. The Finnish government`s focus on cybersecurity and consumer rights ensures that digital wallet solutions are secure and trustworthy, which is crucial for consumer adoption.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Wallet Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Wallet Market - Industry Life Cycle |
3.4 Finland Wallet Market - Porter's Five Forces |
3.5 Finland Wallet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Finland Wallet Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Finland Wallet Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 Finland Wallet Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Finland Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Finland |
4.2.2 Growing smartphone penetration and usage |
4.2.3 Government initiatives promoting cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns around data security and privacy |
4.3.2 Limited merchant acceptance of digital wallets |
4.3.3 Resistance to change among consumers accustomed to traditional payment methods |
5 Finland Wallet Market Trends |
6 Finland Wallet Market Segmentations |
6.1 Finland Wallet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Finland Wallet Market Revenues & Volume, By Short Wallet, 2021-2031F |
6.1.3 Finland Wallet Market Revenues & Volume, By Long Wallet, 2021-2031F |
6.2 Finland Wallet Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Finland Wallet Market Revenues & Volume, By Leather, 2021-2031F |
6.2.3 Finland Wallet Market Revenues & Volume, By Fabric, 2021-2031F |
6.3 Finland Wallet Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Finland Wallet Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Finland Wallet Market Revenues & Volume, By Women, 2021-2031F |
6.3.4 Finland Wallet Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Finland Wallet Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Finland Wallet Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Finland Wallet Market Revenues & Volume, By Offline, 2021-2031F |
7 Finland Wallet Market Import-Export Trade Statistics |
7.1 Finland Wallet Market Export to Major Countries |
7.2 Finland Wallet Market Imports from Major Countries |
8 Finland Wallet Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Frequency of wallet usage per month |
8.3 Number of new users acquired through promotional campaigns |
8.4 Customer satisfaction rating for wallet service |
8.5 Percentage of transactions made through digital wallets compared to other payment methods |
9 Finland Wallet Market - Opportunity Assessment |
9.1 Finland Wallet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Finland Wallet Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Finland Wallet Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 Finland Wallet Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Finland Wallet Market - Competitive Landscape |
10.1 Finland Wallet Market Revenue Share, By Companies, 2024 |
10.2 Finland Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |