Travel & Tourism in South Korea

February 2020 •
55 pages •
Report ID: 5342546 •
Format: PDF

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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 2014-18, and forecast to 2023). 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.
- The South Korean Travel & Tourism industry had total revenues of $127.7bn in 2018, representing a compound annual growth rate (CAGR) of 4.3% between 2014 and 2018.
- The Foodservice segment was the industry’s most lucrative in 2018, with total revenues of $86.3bn, equivalent to 67.6% of the industry’s overall value.
- The increasing popularity of K-Pop - South Korean pop music - in the region has helped to encourage visitors from abroad to visit. Such has been the impact many believe the effect will be lasting.

Scope
- 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

Reasons to Buy

- What was the size of the South Korea travel & tourism market by value in 2018?
- What will be the size of the South Korea travel & tourism market in 2023?
- 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?

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