Frankfurt – Comprehensive Overview of the City, PEST Analysis and Key Industries including Technology, Tourism and Hospitality, Construction and Retail

“City Profile – Frankfurt” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Frankfurt.

• The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

The Frankfurt am Main Urban Zone is the largest urban zone in the Frankfurt/Rhine-Main metropolitan area which accounted for 4.4% of the country’s total Gross Domestic Product (GDP) in 2023. Frankfurt metropolitan area’s economy faced significant challenges amid a global economic slowdown and persistently high inflation in 2023. The uncertain global environment led to reduced demand for exports, negatively impacting key industries such as IT, manufacturing, and automobile sectors. Additionally, weakened consumer purchasing power, a shortage of skilled labor, and elevated energy and raw material costs further hindered growth in these sectors.

Scope

Key Findings:

• The service sector remains the key contributor to the area’s economy and the major employer in 2023

• Frankfurt is a key tourist destination in Germany for both domestic and international tourists.The tourism sector continued to recover in 2023, with total guest arrivals increasing significantly to 3.7 million between January-August 2023. This resurgence was driven by strong summer demand and major city festivals, such as the Apple Wine Festival, Museumsuferfest, Rheingau Wine Market, and the Dippemess in autumn, which drew numerous visitors to the metropolitan area

Reasons to buy

Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

Analyze and understand the business environment in the city to align your investment and expansion strategies.

The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

1. City Snapshot

2. PEST Analysis

2.1 Political

2.2 Economic

2.3 Social

3. Technology and Infrastructure

3.1 Communications

3.2 Internal Transport Networks

3.3 Connectivity

3.4 Airport

4. Business Environment Analysis

5. Travel and Tourism

5.1 Tourism Flows

5.2 Hotels

5.3 Attractions

5.4 Events

6. Construction and Real Estate

6.1 Investment

6.2 Real Estate Market

7. Retail

7.1 Retail Market

7.2 Consumption, Income and Prices

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List of Tables

Table 1: Frankfurt metropolitan area – key facts (estimates), 2023

Table 2: Frankfurt metropolitan area– real GDP and real GDP growth, 2000–30

Table 3: Frankfurt metropolitan area– economic growth comparison (Index 2010=100), 2000–30

Table 4: Frankfurt metropolitan area– GDP per capita comparison, 2000–30 ($)

Table 5: Frankfurt metropolitan area– employment structure, 2000–30 (% of total)

Table 6: Frankfurt metropolitan area – main universities, 2023

Table 7: Frankfurt metropolitan area – population comparison, 2000–30 (million)

Table 8: Frankfurt metropolitan area – population by age, 2000–30 (% of total)

Table 9: Frankfurt metropolitan area – mass transit network indicators, 2023 (number)

Table 10: Frankfurt metropolitan area – Frankfurt Airport’s key indicators, 2018–23*

Table 11: Frankfurt metropolitan area – total visitors, 2019–23* (number)

Table 12: Frankfurt metropolitan area – international visitors by country of residence, 2019–23* (number)

Table 13: Frankfurt metropolitan area – overnight stays, 2019–23* (number)

Table 14: Frankfurt metropolitan area – MICE and other events

List of Figures

Figure 1: Frankfurt metropolitan area– real GDP and real GDP growth, 2000–30

Figure 2: Frankfurt metropolitan area– economic growth comparison (Index 2010=100), 2000–30

Figure 3: Frankfurt metropolitan area– GDP per capita comparison, 2000–30

Figure 4: Frankfurt metropolitan area– employment structure, 2000–30 (% of total)

Figure 5: Frankfurt metropolitan area – population comparison, 2000–30

Figure 6: Frankfurt metropolitan area – population by age, 2000–30 (% of total)

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