Summary
Airlines in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Airlines industry covers passenger air transportation, including scheduled flights but excludes air freight transport. Industry volume is defined as the total seats sold by airlines registered in a particular country or region. Industry value is defined as the total airline revenue generated from passenger traffic. It is calculated by multiplying the average revenue per passenger by the seats sold.
- The South Korean airlines industry registered revenues of $25.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.2% between 2018 and 2023.
- Industry consumption volumes declined with a negative CAGR of 3.1% between 2018 and 2023, to reach a total of 1,00,508.7 thousand seats in 2023.
- According to GlobalData, South Korea accounted for a share of 8.5% of the Asia-Pacific airlines industry, in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the airlines market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the airlines market in South Korea
- Leading company profiles reveal details of key airlines market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea airlines market with five year forecasts
Reasons to Buy
- What was the size of the South Korea airlines market by value in 2023?
- What will be the size of the South Korea airlines market in 2028?
- What factors are affecting the strength of competition in the South Korea airlines market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's airlines market?
'
Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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 strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. Has there been any recent development in the market?
8 Company Profiles
8.1. Korean Air Lines Co Ltd
8.2. JEJU AIR Co., Ltd.
8.3. Asiana Airlines Inc
8.4. T'way Air co., Ltd.
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 airlines industry value: $ million, 2018-23
Table 2: South Korea airlines industry volume: thousand number of seats, 2018-23
Table 3: South Korea airlines industry category segmentation: % share, by value, 2018-23
Table 4: South Korea airlines industry category segmentation: $ million, 2018-23
Table 5: South Korea airlines industry geography segmentation: $ million, 2023
Table 6: South Korea airlines industry value forecast: $ million, 2023-28
Table 7: South Korea airlines industry volume forecast: thousand number of seats, 2023-28
Table 8: Korean Air Lines Co Ltd: key facts
Table 9: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 10: Korean Air Lines Co Ltd: Key Employees
Table 11: JEJU AIR Co., Ltd.: key facts
Table 12: JEJU AIR Co., Ltd.: Annual Financial Ratios
Table 13: JEJU AIR Co., Ltd.: Key Employees
Table 14: Asiana Airlines Inc: key facts
Table 15: Asiana Airlines Inc: Annual Financial Ratios
Table 16: Asiana Airlines Inc: Key Employees
Table 17: T'way Air co., Ltd.: key facts
Table 18: T'way Air co., Ltd.: Annual Financial Ratios
Table 19: T'way Air co., Ltd.: Key Employees
Table 20: South Korea Size of Population (million), 2019-23
Table 21: South Korea real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 22: South Korea GDP (Current Prices, $ Billion), 2019-23
Table 23: South Korea Inflation, 2019-23
Table 24: South Korea Consumer Price Index (Absolute), 2019-23
Table 25: South Korea exchange rate, 2018-23
List of Figures
Figure 1: South Korea airlines industry value: $ million, 2018-23
Figure 2: South Korea airlines industry volume: thousand number of seats, 2018-23
Figure 3: South Korea airlines industry category segmentation: $ million, 2018-23
Figure 4: South Korea airlines industry geography segmentation: % share, by value, 2023
Figure 5: South Korea airlines industry value forecast: $ million, 2023-28
Figure 6: South Korea airlines industry volume forecast: thousand number of seats, 2023-28
Figure 7: Forces driving competition in the airlines industry in South Korea, 2023
Figure 8: Drivers of buyer power in the airlines industry in South Korea, 2023
Figure 9: Drivers of supplier power in the airlines industry in South Korea, 2023
Figure 10: Factors influencing the likelihood of new entrants in the airlines industry in South Korea, 2023
Figure 11: Factors influencing the threat of substitutes in the airlines industry in South Korea, 2023
Figure 12: Drivers of degree of rivalry in the airlines industry in South Korea, 2023
