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Travel & Tourism in South Korea

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    Report

  • 55 Pages
  • February 2020
  • Region: South Korea
  • MarketLine
  • ID: 3642125
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?

Table of Contents

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. Who are the leading players in the airlines industry?
7.5. Which airlines have been most successful in the past three years?
7.6. Who are the leading players in the casino & gaming sector?
7.7. What are the strengths of leading players?
8 Company Profiles
8.1. CJ Corp
8.2. McDonald's Corp
8.3. Kangwon Land Inc
8.4. Korean Air Lines Co Ltd
8.5. MPK Group Inc
8.6. Grand Korea Leisure Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Author
List of Tables
Table 1: South Korea travel & tourism industry value: $ billion, 2014-18
Table 2: South Korea travel & tourism industry category segmentation: $ billion, 2018
Table 3: South Korea travel & tourism industry geography segmentation: $ billion, 2018
Table 4: South Korea travel & tourism industry value forecast: $ billion, 2018-23
Table 5: CJ Corp: key facts
Table 6: CJ Corp: Annual Financial Ratios
Table 7: CJ Corp: Key Employees
Table 8: McDonald's Corp: key facts
Table 9: McDonald's Corp: Annual Financial Ratios
Table 10: McDonald's Corp: Key Employees
Table 11: McDonald's Corp: Key Employees Continued
Table 12: Kangwon Land Inc: key facts
Table 13: Kangwon Land Inc: Annual Financial Ratios
Table 14: Kangwon Land Inc: Key Employees
Table 15: Korean Air Lines Co Ltd: key facts
Table 16: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 17: Korean Air Lines Co Ltd: Key Employees
Table 18: MPK Group Inc: key facts
Table 19: MPK Group Inc: Annual Financial Ratios
Table 20: MPK Group Inc: Key Employees
Table 21: Grand Korea Leisure Co Ltd: key facts
Table 22: Grand Korea Leisure Co Ltd: Annual Financial Ratios
Table 23: Grand Korea Leisure Co Ltd: Key Employees
Table 24: South Korea size of population (million), 2014-18
Table 25: South Korea gdp (constant 2005 prices, $ billion), 2014-18
Table 26: South Korea gdp (current prices, $ billion), 2014-18
Table 27: South Korea inflation, 2014-18
Table 28: South Korea consumer price index (absolute), 2014-18
Table 29: South Korea exchange rate, 2014-18
List of Figures
Figure 1: South Korea travel & tourism industry value: $ billion, 2014-18
Figure 2: South Korea travel & tourism industry category segmentation: % share, by value, 2018
Figure 3: South Korea travel & tourism industry geography segmentation: % share, by value, 2018
Figure 4: South Korea travel & tourism industry value forecast: $ billion, 2018-23
Figure 5: Forces driving competition in the travel & tourism industry in South Korea, 2018
Figure 6: Drivers of buyer power in the travel & tourism industry in South Korea, 2018
Figure 7: Drivers of supplier power in the travel & tourism industry in South Korea, 2018
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Korea, 2018
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Korea, 2018
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Korea, 2018

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CJ Corp
  • McDonald's Corp
  • Kangwon Land Inc
  • Korean Air Lines Co Ltd
  • MPK Group Inc
  • Grand Korea Leisure Co Ltd