South Korea Cycle Tourism Market Size & Outlook, 2025-2030
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South Korea cycle tourism market highlights
- The South Korea cycle tourism market generated a revenue of USD 2,495.9 million in 2024 and is expected to reach USD 5,089.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.6% from 2025 to 2030.
- In terms of segment, groups/friends was the largest revenue generating group in 2024.
- Groups/Friends is the most lucrative group segment registering the fastest growth during the forecast period.
Cycle tourism market data book summary
| Market revenue in 2024 | USD 2,495.9 million |
| Market revenue in 2030 | USD 5,089.8 million |
| Growth rate | 12.6% (CAGR from 2024 to 2030) |
| Largest segment | Groups/friends |
| Fastest growing segment | Groups/Friends |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Groups/Friends, Couples, Family, Solo |
| Key market players worldwide | SpiceRoads, Exodus Travels, Intrepid Travel, G Adventures, World Expeditions, Himalayan Glacier Adventure and Travel Company, Sarracini Travel, Arbutus Routes, Austin Adventures, Travel + Leisure Co. |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global cycle tourism market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cycle tourism market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,335.1 million by 2030.
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Cycle Tourism Market Scope
Cycle Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Austin Adventures | View profile | 11-50 | Billings, Montana, United States, North America | https://www.austinadventures.com/ |
| Arbutus Routes | View profile | 11-50 | Whistler, British Columbia, Canada, North America | https://arbutusroutes.com/ |
| Sarracini Travel | View profile | 11-50 | Vaughan, Ontario, Canada, North America | https://www.sarracini.com |
| Himalayan Glacier Adventure and Travel Company | View profile | 11-50 | Baltimore, Maryland, United States, North America | https://www.himalayanglacier.com |
| Travel + Leisure Co. | View profile | 10001+ | Orlando, Florida, United States, North America | https://www.travelandleisureco.com |
| World Expeditions | View profile | 51-100 | Sydney, New South Wales, Australia, Oceania | https://worldexpeditions.com/ |
| SpiceRoads | View profile | 11-50 | Bangkok, Krung Thep, Thailand, Asia | https://www.spiceroads.com/ |
| Intrepid Travel | View profile | 1001-5000 | Melbourne, Victoria, Australia, Oceania | https://www.intrepidtravel.com |
| G Adventures | View profile | 1001-5000 | Toronto, Ontario, Canada, North America | http://www.gadventures.com |
| Exodus Travels | View profile | 51-100 | London, England, United Kingdom, Europe | http://www.exodus.co.uk |
South Korea cycle tourism market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cycle tourism market will help companies and investors design strategic landscapes.
Groups/friends was the largest segment with a revenue share of 41.11% in 2024. Horizon Databook has segmented the South Korea cycle tourism market based on groups/friends, couples, family, solo covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of cycle tourism market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cycle tourism market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cycle tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea cycle tourism market size, by group, 2018-2030 (US$M)
South Korea Cycle Tourism Market Outlook Share, 2024 & 2030 (US$M)
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