Travel & Tourism in South Korea
Summary
Travel & Tourism in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Travel & Tourism in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). 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 & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The South Korean travel & tourism industry recorded revenues of $92.7 billion in 2024, representing a compound annual growth rate (CAGR) of 0.4% between 2019 and 2024.
- The travel intermediaries segment accounted for the industry's largest proportion in 2024, with total revenues of $44.7 billion, equivalent to 48.2% of the industry's overall value.
- In 2024, South Korea accounted for a share of 5.8% of the Asia-Pacific travel & tourism industry.
- 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 2024?
- What will be the size of the South Korea travel & tourism market in 2029?
- 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?
- What are the main segments that make up 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?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the industry?
8 COMPANY PROFILES
8.1. Hanatour Service Inc
8.2. Korean Air Lines Co Ltd
8.3. Kyochon Food&Beverage Co Ltd
8.4. Kangwon Land Inc
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?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the industry?
8 COMPANY PROFILES
8.1. Hanatour Service Inc
8.2. Korean Air Lines Co Ltd
8.3. Kyochon Food&Beverage Co Ltd
8.4. Kangwon Land Inc
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: $ million, 2019-24
Table 2: South Korea travel & tourism industry category segmentation: % share, by value, 2019-24
Table 3: South Korea travel & tourism industry category segmentation: $ million, 2019-24
Table 4: South Korea travel & tourism industry geography segmentation: $ million, 2024
Table 5: South Korea travel & tourism industry value forecast: $ million, 2024-29
Table 6: Hanatour Service Inc: Key Facts
Table 7: Hanatour Service Inc: Annual Financial Ratios
Table 8: Hanatour Service Inc: Key Employees
Table 9: Korean Air Lines Co Ltd: Key Facts
Table 10: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 11: Korean Air Lines Co Ltd: Key Employees
Table 12: Kyochon Food&Beverage Co Ltd: Key Facts
Table 13: Kyochon Food&Beverage Co Ltd: Annual Financial Ratios
Table 14: Kyochon Food&Beverage Co Ltd: Key Employees
Table 15: Kangwon Land Inc: Key Facts
Table 16: Kangwon Land Inc: Annual Financial Ratios
Table 17: Kangwon Land Inc: Key Employees
Table 18: South Korea Exchange Rate, 2019-24
Table 1: South Korea travel & tourism industry value: $ million, 2019-24
Table 2: South Korea travel & tourism industry category segmentation: % share, by value, 2019-24
Table 3: South Korea travel & tourism industry category segmentation: $ million, 2019-24
Table 4: South Korea travel & tourism industry geography segmentation: $ million, 2024
Table 5: South Korea travel & tourism industry value forecast: $ million, 2024-29
Table 6: Hanatour Service Inc: Key Facts
Table 7: Hanatour Service Inc: Annual Financial Ratios
Table 8: Hanatour Service Inc: Key Employees
Table 9: Korean Air Lines Co Ltd: Key Facts
Table 10: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 11: Korean Air Lines Co Ltd: Key Employees
Table 12: Kyochon Food&Beverage Co Ltd: Key Facts
Table 13: Kyochon Food&Beverage Co Ltd: Annual Financial Ratios
Table 14: Kyochon Food&Beverage Co Ltd: Key Employees
Table 15: Kangwon Land Inc: Key Facts
Table 16: Kangwon Land Inc: Annual Financial Ratios
Table 17: Kangwon Land Inc: Key Employees
Table 18: South Korea Exchange Rate, 2019-24
LIST OF FIGURES
Figure 1: South Korea travel & tourism industry value: $ million, 2019-24
Figure 2: South Korea travel & tourism industry category segmentation: $ million, 2019-24
Figure 3: South Korea travel & tourism industry geography segmentation: % share, by value, 2024
Figure 4: South Korea travel & tourism industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the travel & tourism industry in South Korea, 2024
Figure 6: Drivers of buyer power in the travel & tourism industry in South Korea, 2024
Figure 7: Drivers of supplier power in the travel & tourism industry in South Korea, 2024
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Korea, 2024
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Korea, 2024
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Korea, 2024
Figure 1: South Korea travel & tourism industry value: $ million, 2019-24
Figure 2: South Korea travel & tourism industry category segmentation: $ million, 2019-24
Figure 3: South Korea travel & tourism industry geography segmentation: % share, by value, 2024
Figure 4: South Korea travel & tourism industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the travel & tourism industry in South Korea, 2024
Figure 6: Drivers of buyer power in the travel & tourism industry in South Korea, 2024
Figure 7: Drivers of supplier power in the travel & tourism industry in South Korea, 2024
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Korea, 2024
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Korea, 2024
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Korea, 2024
