| Product Code: ETC10530475 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import of contactless payment rings in Sweden continued to see steady growth in 2024, with top exporting countries being the Netherlands, Poland, China, Ireland, and Estonia. The market shows moderate concentration with a stable Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 4.03%. This indicates a sustained interest in contactless payment technology in Sweden, with diverse sources of supply contributing to the market`s development.
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 Sweden Contactless Payment Ring Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Contactless Payment Ring Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Contactless Payment Ring Market - Industry Life Cycle |
3.4 Sweden Contactless Payment Ring Market - Porter's Five Forces |
3.5 Sweden Contactless Payment Ring Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sweden Contactless Payment Ring Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Sweden Contactless Payment Ring Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Sweden Contactless Payment Ring Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Sweden Contactless Payment Ring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods in Sweden |
4.2.2 Growing emphasis on convenience and security in payment transactions |
4.2.3 Technological advancements in wearables and fintech solutions |
4.3 Market Restraints |
4.3.1 Concerns about security and data privacy related to contactless payments |
4.3.2 Limited merchant acceptance of contactless payment rings |
4.3.3 Regulatory challenges and compliance requirements |
5 Sweden Contactless Payment Ring Market Trends |
6 Sweden Contactless Payment Ring Market, By Types |
6.1 Sweden Contactless Payment Ring Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Contactless Payment Ring Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Sweden Contactless Payment Ring Market Revenues & Volume, By Smart Payment Rings, 2021 - 2031F |
6.1.4 Sweden Contactless Payment Ring Market Revenues & Volume, By NFC Payment Rings, 2021 - 2031F |
6.1.5 Sweden Contactless Payment Ring Market Revenues & Volume, By Other Contactless Rings, 2021 - 2031F |
6.2 Sweden Contactless Payment Ring Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Sweden Contactless Payment Ring Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.3 Sweden Contactless Payment Ring Market Revenues & Volume, By Ceramic, 2021 - 2031F |
6.2.4 Sweden Contactless Payment Ring Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3 Sweden Contactless Payment Ring Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Sweden Contactless Payment Ring Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Sweden Contactless Payment Ring Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.3.4 Sweden Contactless Payment Ring Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.4 Sweden Contactless Payment Ring Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Sweden Contactless Payment Ring Market Revenues & Volume, By Tech Enthusiasts, 2021 - 2031F |
6.4.3 Sweden Contactless Payment Ring Market Revenues & Volume, By Casual Consumers, 2021 - 2031F |
6.4.4 Sweden Contactless Payment Ring Market Revenues & Volume, By Business People, 2021 - 2031F |
7 Sweden Contactless Payment Ring Market Import-Export Trade Statistics |
7.1 Sweden Contactless Payment Ring Market Export to Major Countries |
7.2 Sweden Contactless Payment Ring Market Imports from Major Countries |
8 Sweden Contactless Payment Ring Market Key Performance Indicators |
8.1 Average transaction value through contactless payment rings |
8.2 Number of active users of contactless payment rings |
8.3 Frequency of contactless payment ring usage |
8.4 Customer satisfaction and feedback on contactless payment rings |
8.5 Rate of adoption of contactless payment rings among different age groups |
9 Sweden Contactless Payment Ring Market - Opportunity Assessment |
9.1 Sweden Contactless Payment Ring Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sweden Contactless Payment Ring Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Sweden Contactless Payment Ring Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Sweden Contactless Payment Ring Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Sweden Contactless Payment Ring Market - Competitive Landscape |
10.1 Sweden Contactless Payment Ring Market Revenue Share, By Companies, 2024 |
10.2 Sweden Contactless Payment Ring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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