Summary
Travel & Tourism in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). 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 $94.7bn in 2020, representing a compound annual rate of change (CARC) of -11.7% between 2016 and 2020.
- The foodservice segment generated the most revenue in 2020, with total revenues of $68.5bn, equivalent to 72.4% of the industry's overall value.
- The industry has been devastated by the global outbreak of COVID-19, which led to an unprecedented decline of 48.9% in 2020.
Scope
- Save time carrying out entry-level research by identifying the size, growth, 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
Reasons to Buy
- What was the size of the Taiwan insurance market by value in 2020?
- What will be the size of the Taiwan insurance market in 2025?
- What factors are affecting the strength of competition in the Taiwan insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Taiwan's insurance market?
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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. How are foodservice companies responding to consumer trends?
7.5. Who are the leading airlines?
7.6. Which players have been most successful prior to the pandemic?
7.7. Who are the leading players in the hotels and motels industry?
7.8. What strategies do these leading players follow?
7.9. Are there any threats to these leading players?
7.10. How has the COVID-19 impacted players in the travel and tourism industry?
8 Company Profiles
8.1. Grand Korea Leisure Co Ltd
8.2. CJ Co Ltd
8.3. MPK Group Inc
8.4. McDonald's Corp
8.5. Korean Air Lines Co Ltd
8.6. 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: $ billion, 2016–20
Table 2: South Korea travel & tourism industry category segmentation: $ billion, 2020
Table 3: South Korea travel & tourism industry geography segmentation: $ billion, 2020
Table 4: South Korea travel & tourism industry value forecast: $ billion, 2020–25
Table 5: Grand Korea Leisure Co Ltd: key facts
Table 6: Grand Korea Leisure Co Ltd: Annual Financial Ratios
Table 7: Grand Korea Leisure Co Ltd: Key Employees
Table 8: CJ Co Ltd: key facts
Table 9: CJ Co Ltd: Annual Financial Ratios
Table 10: CJ Co Ltd: Key Employees
Table 11: MPK Group Inc: key facts
Table 12: MPK Group Inc: Annual Financial Ratios
Table 13: MPK Group Inc: Key Employees
Table 14: McDonald's Corp: key facts
Table 15: McDonald's Corp: Annual Financial Ratios
Table 16: McDonald's Corp: Key Employees
Table 17: McDonald's Corp: Key Employees Continued
Table 18: Korean Air Lines Co Ltd: key facts
Table 19: Korean Air Lines Co Ltd: Annual Financial Ratios
Table 20: Korean Air Lines Co Ltd: Key Employees
Table 21: Kangwon Land Inc: key facts
Table 22: Kangwon Land Inc: Annual Financial Ratios
Table 23: Kangwon Land Inc: Key Employees
Table 24: South Korea size of population (million), 2016–20
Table 25: South Korea gdp (constant 2005 prices, $ billion), 2016–20
Table 26: South Korea gdp (current prices, $ billion), 2016–20
Table 27: South Korea inflation, 2016–20
Table 28: South Korea consumer price index (absolute), 2016–20
Table 29: South Korea exchange rate, 2016–20
List of Figures
Figure 1: South Korea travel & tourism industry value: $ billion, 2016–20
Figure 2: South Korea travel & tourism industry category segmentation: % share, by value, 2020
Figure 3: South Korea travel & tourism industry geography segmentation: % share, by value, 2020
Figure 4: South Korea travel & tourism industry value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the travel & tourism industry in South Korea, 2020
Figure 6: Drivers of buyer power in the travel & tourism industry in South Korea, 2020
Figure 7: Drivers of supplier power in the travel & tourism industry in South Korea, 2020
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Korea, 2020
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Korea, 2020
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Korea, 2020
