South Korea Heritage Tourism Market Size & Outlook
South Korea heritage tourism market, 2018-2030 (US$M)
Related Markets
South Korea heritage tourism market highlights
- The South Korea heritage tourism market generated a revenue of USD 12,056.5 million in 2023 and is expected to reach USD 18,275.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, cultural heritage was the largest revenue generating type in 2023.
- Natural Heritage is the most lucrative type segment registering the fastest growth during the forecast period.
Heritage tourism market data book summary
| Market revenue in 2023 | USD 12,056.5 million |
| Market revenue in 2030 | USD 18,275.1 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Cultural heritage |
| Fastest growing segment | Natural Heritage |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cultural Heritage, Natural Heritage, Intangible Heritage |
| Key market players worldwide | Exodus Travels, Expedia Group Inc, TUI AG, Oracle Corp, ACE Cultural Tours, BCD Travel, Kesari Tours, CWT, Martin Randall Travel, Travel Leaders |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global heritage tourism market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China heritage tourism market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47,451.2 million by 2030.
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Heritage Tourism Market Scope
Heritage Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea heritage 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 heritage tourism market will help companies and investors design strategic landscapes.
Cultural heritage was the largest segment with a revenue share of 54.84% in 2023. Horizon Databook has segmented the South Korea heritage tourism market based on cultural heritage, natural heritage, intangible heritage covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Heritage Tourism Type Outlook (Revenue, USD Million, 2018-2030)
- Cultural Heritage
- Natural Heritage
- Intangible Heritage
- South Korea Heritage Tourism End Use Outlook (Revenue, USD Million, 2018-2030)
- Less than 30 Years
- 31 to 50 Years
- 51 to 70 Years
- 71 Years and Above
- South Korea Heritage Tourism Booking Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
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Target buyers of South Korea heritage tourism market databook
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Our clientele includes a mix of heritage tourism market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea heritage tourism market , including forecasts for subscribers. This country databook contains high-level insights into South Korea heritage tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea heritage tourism market size, by type, 2018-2030 (US$M)
South Korea Heritage Tourism Market Outlook Share, 2023 & 2030 (US$M)
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