South Korea Loyalty Programs Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update
According to PayNXT360, the loyalty market in the country is expected to grow by 10.0% on an annual basis to reach US$3,484.0 million in 2024.
In value terms, the loyalty market in the country has recorded a CAGR of 11.4% during 2019–2023. The loyalty market in the country will continue to grow over the forecast period and is expected to record a CAGR of 8.9% during 2024-2028. The loyalty market in the country will increase from US$3,166.9 million in 2023 to reach US$4,898.5 million by 2028.
This report provides a detailed data-centric analysis of the loyalty market opportunities and risks across a range of industry categories. With over 50 KPIs at the country level, this report provides a comprehensive understanding of loyalty market dynamics, market size and forecast, and market share statistics.
PayNXT360 research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
Scope
This report provides in-depth, data-centric analysis of loyalty programs in South Korea. Below is a summary of key market segments:
• South Korea Retail Sector Spend Value Trend Analysis
Ecommerce Spend
POS Spend
South Korea Loyalty Spend Market Size and Future Growth Dynamics by Key Performance Indicators
Value Accumulated and Value Redemption Rate of Loyalty programs in South Korea
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Functional Domains
Loyalty Schemes
Loyalty Platforms
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Program Type
Points programs
Tier-based programs
Mission-driven programs
Spend-based programs
Gaming programs
Free perks programs
Subscription programs
Community programs
Refer a friend program
Paid programs
Cashback programs
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Channel
In-Store
Online
Mobile
South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Business Model
Seller Driven
Payment Instrument Driven
Others
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Key Sectors
Retail
Financial Services
Healthcare & Wellness
Restaurants & Food Delivery
Travel & Hospitality (Cabs, Hotels, Airlines)
Telecoms
Media & Entertainment
Others
• South Korea Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by Online
Retail
Financial Services
Healthcare & Wellness
Restaurants & Food Delivery
Travel & Hospitality (Cabs, Hotels, Airlines)
Telecoms
Media & Entertainment
Others
• South Korea Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by In-Store
Retail
Financial Services
Healthcare & Wellness
Restaurants & Food Delivery
Travel & Hospitality (Cabs, Hotels, Airlines)
Telecoms
Media & Entertainment
Others
•South Korea Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by Mobile App
Retail
Financial Services
Healthcare & Wellness
Restaurants & Food Delivery
Travel & Hospitality (Cabs, Hotels, Airlines)
Telecoms
Media & Entertainment
Others
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Retail
Diversified Retailers
Department Stores
Specialty Stores
Clothing, Footwear & Accessories
Toy & Hobby Shops
Supermarket and Convenience Store
Home Merchandise
Other
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Accessibility
Card Based Access
Digital Access
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Consumer Type
B2C Consumers
B2B Consumers
• South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Membership Type
Free
Free + Premium
Premium
• South Korea Loyalty Platform Spend Market Size and Future Growth Dynamics by Software Use Case
Analytics and AI Driven
Management Platform
• South Korea Loyalty Platform Spend Market Size and Future Growth Dynamics by Vendor/Solution Partner
In House
Third Party Vendor
• South Korea Loyalty Platform Spend Market Size and Future Growth Dynamics by Deployment
Cloud
On-Premise
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Platforms
Software
Services
• South Korea Loyalty Spend Market Size and Future Growth Dynamics by Software Use Case Platforms
Custom Built Platform
Off the Shelf Platform
• South Korea Loyalty Spend Market Size and Forecast by Consumer Demographics & Behaviour
By Age Group
By Income Level
By Gender
Reasons to buy
• Gain insights into the South Korea loyalty spend market: The report provides a comprehensive overview of the South Korea loyalty spend market, including market size, growth drivers, and trends. This information can help businesses to make informed decisions about their loyalty program strategies.
• Benchmark your business against competitors: The report provides a competitive analysis of the South Korea loyalty spend market, which can help businesses to identify their strengths and weaknesses relative to their competitors. This information can help businesses to improve their loyalty program strategies and gain a competitive advantage.
• Stay up-to-date on the latest trends in the loyalty spend market: The report provides an overview of the latest trends in the loyalty spend market, such as the growing popularity of mobile-based loyalty programs and the increasing awareness of the benefits of loyalty programs among consumers. This information can help businesses to stay ahead of the competition and improve their loyalty program strategies.
• Make informed decisions about your loyalty program: The report provides a comprehensive overview of the factors to consider when developing a loyalty program, such as the target audience, the rewards and benefits, and the marketing and communication strategy. This information can help businesses to develop a loyalty program that is effective and successful.
- 1 About this Report
- 1.1 Summary
- 1.2 Methodology
- 1.3 Loyalty Programs Definitions
- 1.4 Disclaimer
- 2 South Korea Retail Sector Market Size Analysis
- 2.1 South Korea Retail Industry Market Size, 2019-2028
- 2.2 South Korea Ecommerce Market Size, 2019-2028
- 2.3 South Korea POS Spend Trend Analysis, 2019-2028
- 3 South Korea Loyalty Spend Market Size and Future Growth Dynamics
- 3.1 South Korea Loyalty Spend Market Size and Future Growth Dynamics, 2019-2028
- 3.2 South Korea Loyalty Spend on Schemes by Value Accumulated and Value Redemption Rate, 2023
- 3.3 South Korea Loyalty Spend Share by Functional Domains, 2019-2028
- 3.4 South Korea Loyalty Spend by Loyalty Schemes, 2019-2028
- 3.5 South Korea Loyalty Spend by Loyalty Platforms, 2019-2028
- 4 South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Loyalty Program Type
- 4.1 South Korea Loyalty Schemes Spend Share by Loyalty Program Type, 2023
- 4.2 South Korea Spend by Point-based Loyalty Program, 2019-2028
- 4.3 South Korea Spend by Tiered Loyalty Program, 2019-2028
- 4.4 South Korea Spend by Mission-driven Loyalty Program, 2019-2028
- 4.5 South Korea Spend by Spend-based Loyalty Program, 2019-2028
- 4.6 South Korea Spend by Gaming Loyalty Program, 2019-2028
- 4.7 South Korea Spend by Free Perks Loyalty Program, 2019-2028
- 4.8 South Korea Spend by Subscription Loyalty Program, 2019-2028
- 4.9 South Korea Spend by Community Loyalty Program, 2019-2028
- 4.1 South Korea Spend by Refer a Friend Loyalty Program, 2019-2028
- 4.11 South Korea Spend by Paid Loyalty Program, 2019-2028
- 4.12 South Korea Spend by Cashback Loyalty Program, 2019-2028
- 5 South Korea Loyalty Schemes Market Size and Future Growth Dynamics by Channel
- 5.1 South Korea Loyalty Schemes Spend Share by Channel, 2019-2028
- 5.2 South Korea Loyalty Spend by In-Store, 2019-2028
- 5.3 South Korea Loyalty Spend by Online, 2019-2028
- 5.4 South Korea Loyalty Spend by Mobile, 2019-2028
- 6 South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Business Model
- 6.1 South Korea Loyalty Schemes Spend Share by Business Model, 2019-2028
- 6.2 South Korea Loyalty Spend by Seller Driven, 2019-2028
- 6.3 South Korea Loyalty Spend by Payment Instrument Driven, 2019-2028
- 6.4 South Korea Loyalty Spend by Other Segment, 2019-2028
- 7 South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Key Sectors
- 7.1 South Korea Loyalty Schemes Spend Share by Key Sectors, 2019-2028
- 7.2 South Korea Loyalty Schemes Spend in Retail, 2019-2028
- 7.3 South Korea Loyalty Schemes Spend in Financial Services, 2019-2028
- 7.4 South Korea Loyalty Schemes Spend in Healthcare & Wellness, 2019-2028
- 7.5 South Korea Loyalty Schemes Spend in Restaurants & Food Delivery, 2019-2028
- 7.6 South Korea Loyalty Schemes Spend in Travel & Hospitality (Cabs, Hotels, Airlines), 2019-2028
- 7.7 South Korea Loyalty Schemes Spend in Telecoms, 2019-2028
- 7.8 South Korea Loyalty Schemes Spend in Media & Entertainment, 2019-2028
- 7.9 South Korea Loyalty Schemes Spend in Other, 2019-2028
- 8 South Korea Loyalty Schemes Spend in Key Sectors by Online Channel, 2019-2028
- 8.1 South Korea Online Loyalty Spend in Retail Segment, 2019-2028
- 8.2 South Korea Online Loyalty Spend in Financial Services, 2019-2028
- 8.3 South Korea Online Loyalty Spend in Healthcare & Wellness, 2019-2028
- 8.4 South Korea Online Loyalty Spend in Restaurants & Food Delivery, 2019-2028
- 8.5 South Korea Online Loyalty Spend in Travel & Hospitality (Cabs, Hotels, Airlines), 2019-2028
- 8.6 South Korea Online Loyalty Spend in Telecoms, 2019-2028
- 8.7 South Korea Online Loyalty Spend in Media & Entertainment, 2019-2028
- 8.8 South Korea Online Loyalty Spend in Other Segment, 2019-2028
- 9 South Korea In-Store Loyalty Schemes Spend in Key Sectors, 2019-2028
- 9.1 South Korea In-Store Loyalty Spend in Retail Segment, 2019-2028
- 9.2 South Korea In-Store Loyalty Spend in Healthcare & Wellness Segment, 2019-2028
- 9.3 South Korea In-Store Loyalty Spend in Restaurants & Food Delivery Segment, 2019-2028
- 9.4 South Korea In-Store Loyalty Spend in Travel & Hospitality (Cabs, Hotels, Airlines) Segment, 2019-2028
- 9.5 South Korea In-Store Loyalty Spend in Media & Entertainment Segment, 2019-2028
- 9.6 South Korea In-Store Loyalty Spend in Other Sector, 2019-2028
- 10 South Korea Mobile App Loyalty Schemes Spend in Key Sectors, 2019-2028
- 10.1 South Korea Mobile App Loyalty Spend in Retail Segment, 2019-2028
- 10.2 South Korea Mobile App Loyalty Spend in Financial Services Segment, 2019-2028
- 10.3 South Korea Mobile App Loyalty Spend in Healthcare & Wellness Segment, 2019-2028
- 10.4 South Korea Mobile App Loyalty Spend in Restaurants & Food Delivery Segment, 2019-2028
- 10.5 South Korea Mobile App Loyalty Spend in Travel & Hospitality (Cabs, Hotels, Airlines) Segment, 2019-2028
- 10.6 South Korea Mobile App Loyalty Spend in Telecoms Segment, 2019-2028
- 10.7 South Korea Mobile App Loyalty Spend in Media & Entertainment Segment, 2019-2028
- 10.8 South Korea Mobile App Loyalty Spend in Other Segment, 2019-2028
- 11 South Korea Retail Sector Loyalty Schemes Spend Market Size and Future Growth Dynamics
- 11.1 South Korea Loyalty Schemes Spend Share by Retail Segments, 2019-2028
- 11.2 South Korea Loyalty Retail Schemes Spend by Diversified Retailers, 2019-2028
- 11.3 South Korea Loyalty Retail Schemes Spend by Department Stores, 2019-2028
- 11.4 South Korea Loyalty Retail Schemes Spend by Specialty Stores, 2019-2028
- 11.5 South Korea Loyalty Retail Schemes Spend by Clothing, Footwear & Accessories, 2019-2028
- 11.6 South Korea Loyalty Retail Schemes Spend by Toy & Hobby Shops, 2019-2028
- 11.7 South Korea Loyalty Retail Schemes Spend by Supermarket and Convenience Store, 2019-2028
- 11.8 South Korea Loyalty Retail Schemes Spend by Home Merchandise, 2019-2028
- 11.9 South Korea Loyalty Retail Schemes Spend by Other, 2019-2028
- 12 South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Accessibility
- 12.1 South Korea Loyalty Schemes Spend Share by Accessibility, 2023 Vs 2028
- 12.2 South Korea Loyalty Spend by Card Based Access, 2019-2028
- 12.3 South Korea Loyalty Spend by Digital Access, 2019-2028
- 13 South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Consumer Type
- 13.1 South Korea Loyalty Schemes Spend Share by Consumer Type, 2023 Vs 2028
- 13.2 South Korea Loyalty Schemes Spend by B2B Consumers, 2019-2028
- 13.3 South Korea Loyalty Spend by B2C Consumers, 2019-2028
- 14 South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Membership Type
- 14.1 South Korea Loyalty Schemes Spend Share by Membership Type, 2019-2028
- 14.2 South Korea Loyalty Membership Type Schemes Spend by Free, 2019-2028
- 14.3 South Korea Loyalty Membership Type Schemes Spend by Free + Premium, 2019-2028
- 14.4 South Korea Loyalty Membership Type Schemes Spend by Premium, 2019-2028
- 15 South Korea Loyalty Platform Spend Market Size and Future Growth Dynamics by Software Use case
- 15.1 South Korea Loyalty Platform Spend Share by Software Use Case, 2023 Vs 2028
- 15.2 South Korea Loyalty Software Platform Spend by Analytics and AI Driven, 2019-2028
- 15.3 South Korea Loyalty Software Platform Spend by Management Platform, 2019-2028
- 16 South Korea Loyalty Platform Spend Market Size and Future Growth Dynamics by Vendor/Solution Partner
- 16.1 South Korea Loyalty Platform Spend Share by Vendor/Solution Partner, 2023 Vs 2028
- 16.2 South Korea Loyalty Vendor/Solution Partner Platform Spend by In House, 2019-2028
- 16.3 South Korea Loyalty Vendor/Solution Partner Platform Spend by Third-Party Vendor, 2019-2028
- 17 South Korea Loyalty Platform Spend Market Size and Future Growth Dynamics by Deployment
- 17.1 South Korea Loyalty Platform Spend Share by Deployment, 2023 Vs 2028
- 17.2 South Korea Loyalty Deployment Platform Spend by Cloud, 2019-2028
- 17.3 South Korea Loyalty Deployment Platform Spend by On-Premise, 2019-2028
- 18 South Korea Loyalty Spend Market Size and Future Growth Dynamics by Software vs. Services
- 18.1 South Korea Loyalty Spend Share by Software vs. Services, 2023 Vs 2028
- 18.2 South Korea Loyalty Spend by Software, 2019-2028
- 18.3 South Korea Loyalty Spend by Services, 2019-2028
- 19 South Korea Loyalty Spend Market Size and Future Growth Dynamics by Custom vs. Off the Shelf Software Platforms
- 19.1 South Korea Loyalty Spend Share by Custom vs. Off the Shelf Software Platforms, 2023 Vs 2028
- 19.2 South Korea Loyalty Software Platforms Spend by Custom Built Platform, 2019-2028
- 19.3 South Korea Loyalty Software Platforms Spend by Off the Shelf Platform, 2019-2028
- 20 South Korea Loyalty Spend Market Size and Forecast by Consumer Demographics & Behaviour
- 20.1 South Korea Loyalty Spend Share by Age Group, 2023
- 20.2 South Korea Loyalty Spend Share by Income Level, 2023
- 20.3 South Korea Loyalty Spend Share by Gender, 2023
- 21 Further Reading
- 21.1 About PayNXT360
- 21.2 Related Research
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