Sustainable Tourism in South Korea

Sustainable Tourism in South Korea


Summary

Sustainable Tourism in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, 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
  • Sustainable tourism minimizes the negative impacts and maximizes the positive impacts of tourism as an activity while conserving resources or using them wisely to maintain their long-term viability. It takes full account of socioeconomic, cultural, and environmental impacts and addresses the needs of visitors, industry, and host communities. The market scope includes hotels & motels, travel intermediaries (travel agents, direct), food service (commercial food services), and transportation (airlines, passenger rail, road).
  • The South Korean sustainable tourism market had total revenues of $0.8 billion in 2023, representing a compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
  • The domestic segment accounted for the market's largest proportion in 2023, with total revenues of $0.4 billion, equivalent to 52.2% of the market's overall value.
  • South Korea accounted for 1.3% of the Asia-Pacific sustainable tourism market in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sustainable tourism market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable tourism market in South Korea
  • Leading company profiles reveal details of key sustainable tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea sustainable tourism market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea sustainable tourism market by value in 2023?
  • What will be the size of the South Korea sustainable tourism market in 2028?
  • What factors are affecting the strength of competition in the South Korea sustainable tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's sustainable 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 strengths of leading players?
7.3. What are the leading companies' ESG initiatives?
8 Company Profiles
8.1. Booking Holdings Inc
8.2. Korean Air Lines Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
About GlobalData
List of Tables
Table 1: South Korea sustainable tourism market value: $ million, 2018-23
Table 2: South Korea sustainable tourism market category segmentation: % share, by value, 2018-2023
Table 3: South Korea sustainable tourism market category segmentation: $ million, 2018-2023
Table 4: South Korea sustainable tourism market geography segmentation: $ million, 2023
Table 5: South Korea sustainable tourism market value forecast: $ million, 2023-28
Table 6: Booking Holdings Inc: key facts
Table 7: Booking Holdings Inc: annual financial ratios
Table 8: Booking Holdings 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: South Korea size of population (million), 2019-23
Table 13: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 14: South Korea gdp (current prices, $ billion), 2019-23
Table 15: South Korea inflation, 2019-23
Table 16: South Korea consumer price index (absolute), 2019-23
Table 17: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea sustainable tourism market value: $ million, 2018-23
Figure 2: South Korea sustainable tourism market category segmentation: $ million, 2018-2023
Figure 3: South Korea sustainable tourism market geography segmentation: % share, by value, 2023
Figure 4: South Korea sustainable tourism market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the sustainable tourism market in South Korea, 2023
Figure 6: Drivers of buyer power in the sustainable tourism market in South Korea, 2023
Figure 7: Drivers of supplier power in the sustainable tourism market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the sustainable tourism market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the sustainable tourism market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the sustainable tourism market in South Korea, 2023

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