South Korea Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027
South Korea Travel and Tourism Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Travel & Tourism in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Travel & Tourism in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 market.
- The South Korean travel and tourism industry had total revenues of $189.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.7% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $126.7 billion, equivalent to 66.9% of the industry's overall value.
- Seoul, Busan, Seogwipo, Daegu, Jeju City and Gangneung are some of the popular tourist cities across South Korea. The country receives majority of the international tourists from China.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in South Korea
- 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 South Korea travel & tourism market with five year forecasts by both value and volume
- What was the size of the South Korea travel & tourism market by value in 2022?
- What will be the size of the South Korea travel & tourism market in 2027?
- What factors are affecting the strength of competition in the South Korea travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea'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 foodservice industry?
7.2. What strategies do these leading players follow?
7.3. How is technology being used by these leading companies?
7.4. How are consumer and cultural trends impacting foodservice companies?
7.5. Who are the leading players in the hotels and motels industry?
7.6. What strategies do the leading players follow?
7.7. What are the strengths of leading players?
7.8. How is technology being used by these leading companies?
7.9. Are there any threats to these leading players?
8 COMPANY PROFILES
8.1. CJ Corp
8.2. McDonald's Corp
8.3. Wyndham Hotels & Resorts Inc
8.4. MPK Group Inc
8.5. Domino's Pizza, Inc.
8.6. Starbucks Corporation
8.7. Asiana Airlines Inc
8.8. Lotte Hotels & Resorts Co Ltd
8.9. JEJU AIR Co., Ltd.
8.10. Marriott International Inc
8.11. Korean Air Lines Co Ltd
8.12. T'way Air co., Ltd.
8.13. Benikea Hotel KP
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
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 foodservice industry?
7.2. What strategies do these leading players follow?
7.3. How is technology being used by these leading companies?
7.4. How are consumer and cultural trends impacting foodservice companies?
7.5. Who are the leading players in the hotels and motels industry?
7.6. What strategies do the leading players follow?
7.7. What are the strengths of leading players?
7.8. How is technology being used by these leading companies?
7.9. Are there any threats to these leading players?
8 COMPANY PROFILES
8.1. CJ Corp
8.2. McDonald's Corp
8.3. Wyndham Hotels & Resorts Inc
8.4. MPK Group Inc
8.5. Domino's Pizza, Inc.
8.6. Starbucks Corporation
8.7. Asiana Airlines Inc
8.8. Lotte Hotels & Resorts Co Ltd
8.9. JEJU AIR Co., Ltd.
8.10. Marriott International Inc
8.11. Korean Air Lines Co Ltd
8.12. T'way Air co., Ltd.
8.13. Benikea Hotel KP
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: South Korea travel & tourism industry value: $ billion, 2017–22(e)
Table 2: South Korea travel & tourism industry category segmentation: % share, by value, 2017–2022(e)
Table 3: South Korea travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: South Korea travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: South Korea travel & tourism industry value forecast: $ billion, 2022–27
Table 6: CJ Corp: key facts
Table 7: CJ Corp: Annual Financial Ratios
Table 8: CJ Corp: Key Employees
Table 9: McDonald's Corp: key facts
Table 10: McDonald's Corp: Annual Financial Ratios
Table 11: McDonald's Corp: Key Employees
Table 12: McDonald's Corp: Key Employees Continued
Table 13: McDonald's Corp: Key Employees Continued
Table 14: Wyndham Hotels & Resorts Inc: key facts
Table 15: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 16: Wyndham Hotels & Resorts Inc: Key Employees
Table 17: MPK Group Inc: key facts
Table 18: MPK Group Inc: Annual Financial Ratios
Table 19: MPK Group Inc: Key Employees
Table 20: Domino's Pizza, Inc.: key facts
Table 21: Domino's Pizza, Inc.: Annual Financial Ratios
Table 22: Domino's Pizza, Inc.: Key Employees
Table 23: Domino's Pizza, Inc.: Key Employees Continued
Table 24: Starbucks Corporation: key facts
Table 25: Starbucks Corporation: Annual Financial Ratios
Table 26: Starbucks Corporation: Key Employees
Table 27: Starbucks Corporation: Key Employees Continued
Table 28: Starbucks Corporation: Key Employees Continued
Table 29: CRG Holdings, LLC : key facts
Table 30: Asiana Airlines Inc: key facts
Table 31: Asiana Airlines Inc: Annual Financial Ratios
Table 32: Asiana Airlines Inc: Key Employees
Table 33: Lotte Hotels & Resorts Co Ltd: key facts
Table 34: Lotte Hotels & Resorts Co Ltd: Key Employees
Table 35: JEJU AIR Co., Ltd.: key facts
Table 36: JEJU AIR Co., Ltd.: Annual Financial Ratios
Table 37: JEJU AIR Co., Ltd.: Key Employees
Table 38: Marriott International Inc: key facts
Table 39: Marriott International Inc: Annual Financial Ratios
Table 40: Marriott International Inc: Key Employees
Table 41: Marriott International Inc: Key Employees Continued
Table 42: Marriott International Inc: Key Employees Continued
Table 43: Marriott International Inc: Key Employees Continued
Table 44: Korean Air Lines Co Ltd: key facts
Table 45: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 46: Korean Air Lines Co Ltd: Key Employees
Table 47: T'way Air co., Ltd.: key facts
Table 48: T'way Air co., Ltd.: Annual Financial Ratios
Table 49: T'way Air co., Ltd.: Key Employees
Table 50: Benikea Hotel KP: key facts
Table 51: South Korea size of population (million), 2018–22
Table 52: South Korea gdp (constant 2005 prices, $ billion), 2018–22
Table 53: South Korea gdp (current prices, $ billion), 2018–22
Table 54: South Korea inflation, 2018–22
Table 55: South Korea consumer price index (absolute), 2018–22
Table 56: South Korea exchange rate, 2018–22
Table 1: South Korea travel & tourism industry value: $ billion, 2017–22(e)
Table 2: South Korea travel & tourism industry category segmentation: % share, by value, 2017–2022(e)
Table 3: South Korea travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: South Korea travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: South Korea travel & tourism industry value forecast: $ billion, 2022–27
Table 6: CJ Corp: key facts
Table 7: CJ Corp: Annual Financial Ratios
Table 8: CJ Corp: Key Employees
Table 9: McDonald's Corp: key facts
Table 10: McDonald's Corp: Annual Financial Ratios
Table 11: McDonald's Corp: Key Employees
Table 12: McDonald's Corp: Key Employees Continued
Table 13: McDonald's Corp: Key Employees Continued
Table 14: Wyndham Hotels & Resorts Inc: key facts
Table 15: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 16: Wyndham Hotels & Resorts Inc: Key Employees
Table 17: MPK Group Inc: key facts
Table 18: MPK Group Inc: Annual Financial Ratios
Table 19: MPK Group Inc: Key Employees
Table 20: Domino's Pizza, Inc.: key facts
Table 21: Domino's Pizza, Inc.: Annual Financial Ratios
Table 22: Domino's Pizza, Inc.: Key Employees
Table 23: Domino's Pizza, Inc.: Key Employees Continued
Table 24: Starbucks Corporation: key facts
Table 25: Starbucks Corporation: Annual Financial Ratios
Table 26: Starbucks Corporation: Key Employees
Table 27: Starbucks Corporation: Key Employees Continued
Table 28: Starbucks Corporation: Key Employees Continued
Table 29: CRG Holdings, LLC : key facts
Table 30: Asiana Airlines Inc: key facts
Table 31: Asiana Airlines Inc: Annual Financial Ratios
Table 32: Asiana Airlines Inc: Key Employees
Table 33: Lotte Hotels & Resorts Co Ltd: key facts
Table 34: Lotte Hotels & Resorts Co Ltd: Key Employees
Table 35: JEJU AIR Co., Ltd.: key facts
Table 36: JEJU AIR Co., Ltd.: Annual Financial Ratios
Table 37: JEJU AIR Co., Ltd.: Key Employees
Table 38: Marriott International Inc: key facts
Table 39: Marriott International Inc: Annual Financial Ratios
Table 40: Marriott International Inc: Key Employees
Table 41: Marriott International Inc: Key Employees Continued
Table 42: Marriott International Inc: Key Employees Continued
Table 43: Marriott International Inc: Key Employees Continued
Table 44: Korean Air Lines Co Ltd: key facts
Table 45: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 46: Korean Air Lines Co Ltd: Key Employees
Table 47: T'way Air co., Ltd.: key facts
Table 48: T'way Air co., Ltd.: Annual Financial Ratios
Table 49: T'way Air co., Ltd.: Key Employees
Table 50: Benikea Hotel KP: key facts
Table 51: South Korea size of population (million), 2018–22
Table 52: South Korea gdp (constant 2005 prices, $ billion), 2018–22
Table 53: South Korea gdp (current prices, $ billion), 2018–22
Table 54: South Korea inflation, 2018–22
Table 55: South Korea consumer price index (absolute), 2018–22
Table 56: South Korea exchange rate, 2018–22
LIST OF FIGURES
Figure 1: South Korea travel & tourism industry value: $ billion, 2017–22(e)
Figure 2: South Korea travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: South Korea travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: South Korea travel & tourism industry value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the travel & tourism industry in South Korea, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in South Korea, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in South Korea, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Korea, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Korea, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Korea, 2022
Figure 1: South Korea travel & tourism industry value: $ billion, 2017–22(e)
Figure 2: South Korea travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: South Korea travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: South Korea travel & tourism industry value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the travel & tourism industry in South Korea, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in South Korea, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in South Korea, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Korea, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Korea, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Korea, 2022
