Tourist Arrivals in South Korea decreased to 1117243 in January from 1270863 in December of 2024. This dataset provides - South Korea Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Korea tourist spending for 2020 was 11.78 billion US dollars, a 53.74% decline from 2019.

• South Korea tourist spending for 2019 was 25.46 billion US dollars, a 10.18% increase from 2018.
• South Korea tourist spending for 2018 was 23.10 billion US dollars, a 34.54% increase from 2017.
• South Korea tourist spending for 2017 was 17.17 billion US dollars, a 17.93% decline from 2016.

International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.

Key information about South Korea Visitor Arrivals

• South Korea Visitor Arrivals grew 44.4 % in Jan 2025, compared with an increase of 22.7 % in the previous month
• South Korea Visitor Arrivals Growth rate data is updated monthly, available from Jan 1976 to Jan 2025
• The data reached an all-time high of 732.5 % in Mar 2023 and a record low of -98.2 % in Apr 2020

CEIC calculates Tourist Arrivals Growth from monthly Tourist Arrivals. Korea Tourism Organization provides Tourist Arrivals. Tourist Arrivals include Same-Day Visitors.

Further information about South Korea Visitor Arrivals

• In the latest reports, South Korea Visitor Arrivals recorded 1,268,262.0 person in the month of Jan 2025
• Tourism Revenue of South Korea reached 1.6 USD bn in Dec 2024, an increase of 10.2 % change from the previous month

Tourism Revenues in South Korea decreased to 1080.10 USD Million in January from 1578.80 USD Million in December of 2024. This dataset provides - South Korea Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

International tourism, receipts for travel items (current US$) in South Korea was reported at 10528000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - International tourism, receipts for travel items - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The international market of beach tourism is likely to be the largest driver to the expansion of the tourism sector, owing to the empowerment of tourism infrastructure and the popularity of coastal travel among tourists. The market is projected to be worth USD 171.3 Billion in 2025 and USD 284.3 Billion in 2035, growing at a 5.2% CAGR over the forecast period. Factors such as increasing disposable incomes, better beach destination accessibility, and a tilt toward experiential travel have led to this growth.

Metric	Value
Market Size in 2025	USD 171.3 Billion
Projected Market Size in 2035	USD 284.3 Billion
CAGR (2025 to 2032)	5.2%

Country	CAGR (2025 to 2035)
USA	5.6%

Country	CAGR (2025 to 2035)
UK	4.8%

Country	CAGR (2025 to 2035)
European Union (EU)	5.1%

Country	CAGR (2025 to 2035)
Japan	5.0%

Country	CAGR (2025 to 2035)
South Korea	5.4%

Company Name	Estimated Market Share (%)
Marriott International	10-14%
Hilton Hotels & Resorts	8-12%
Carnival Corporation	6-10%
Hyatt Hotels Corporation	4-8%
Club Med	3-7%
Other Companies (combined)	50-60%

How big is the Medical Tourism Market? The Medical Tourism Market size is expected to reach USD 84.92 billion in 2024 and grow at a CAGR of 23.03% to reach USD 239.37 billion by 2029.

   What is the current Medical Tourism Market size? 
   In 2024, the Medical Tourism Market size is expected to reach USD 84.92 billion.

   Who are the key players in Medical Tourism Market?
   Healthbase, Apollo Hospitals, KPJ Healthcare, Klinikum Medical Link and Medretreat are the major companies operating in the Medical Tourism Market. 

   Which is the fastest growing region in Medical Tourism Market? 
   Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). 

   Which region has the biggest share in Medical Tourism Market? 
   In 2024, the North America accounts for the largest market share in Medical Tourism Market. 

   What years does this Medical Tourism Market cover, and what was the market size in 2023? 
   In 2023, the Medical Tourism Market size was estimated at USD 65.36 billion. The report covers the Medical Tourism Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Medical Tourism Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

   What is the dominant segment contributing to the largest market share in Medical Tourism? 
   Cosmetic Treatment is the dominant segment that holds the major share of the Medical Tourism Market.

   The Global Medical Tourism Market Report provides a comprehensive industry analysis of the medical tourism market, segmented by treatment type and geography. The market overview highlights the various treatment types including cosmetic, dental, cardiovascular, orthopedics, bariatric, fertility, ophthalmic, and other treatments. The industry statistics indicate significant market growth driven by the increasing demand for affordable and high-quality medical care.<br><br>In terms of market segmentation, the report covers North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, providing a detailed market forecast for each region. The industry size and market value are presented in terms of USD, reflecting the market's economic impact. The market trends and growth rate are analyzed to provide insights into future market predictions.<br><br>The report also includes an industry outlook, focusing on key market leaders and their strategies. The market review highlights the competitive landscape and the role of both private and public healthcare service providers. Additionally, the report examines alternative treatment options and their market share.<br><br>For those seeking more detailed information, the report example and report pdf are available for further industry research. The market data and industry reports offer valuable insights for companies looking to understand the market dynamics and make informed decisions. The industry trends and market outlook provide a clear picture of the market's future direction.<br><br>Overall, the Global Medical Tourism Market Report is an essential resource for understanding the market's growth forecast and industry worth. It provides a thorough market analysis and industry information, making it a valuable tool for research companies and stakeholders in the medical tourism industry.

   Medical Tourism Also Known As: Patient Mobility, Transnational Healthcare, Therapeutic Tourism, Medical Vacation, Health Travel

   Medical Tourism Report Covers the Following Regions: NA, North America, North American, Northern America, Northern American, EU, Europe, European, APAC, Asia Pacific, Asian, MEA, Middle East and Africa, Middle Eastern and African, MENA, Middle East, Middle Eastern, SA, South America, South American

   Medical Tourism Report Covers the Following Countries: USA, United States, US, Canada, Mexican, Mexico, DE, Germany, German, UK, United Kingdom, FR, France, French, IT, Italy, Italian, ES, Spain, Spanish, China, Chinese, JP, Japan, Japanese, IN, India, Indian, AU, Australia, Australian, KR, South Korea, South Korean, GCC, Gulf Cooperation Council, ZA, South Africa, South African, BR, Brazil, Brazilian, AR, Argentina, Argentine

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Golf Tourism Market Size 2025-2029

The golf tourism market size is forecast to increase by USD 10.13 billion at a CAGR of 7% between 2024 and 2029.

The market is experiencing significant growth due to the increasing emphasis on golf infrastructure development worldwide. This trend is driven by the growing popularity of golf as a recreational activity and the expansion of golf courses in various regions. Another key factor fueling market growth is the advent of integrated mobile solutions in golf clubs and other equipment, which enhances the overall golfing experience for players. However, the market faces challenges from the increasing threat of fantasy sports, which offer similar entertainment value and convenience to golf enthusiasts. Despite these challenges, the golf tourism industry is expected to continue its growth trajectory, driven by the ongoing investment in golf infrastructure and the adoption of technology to enhance the golfing experience.

What will be the Size of the Golf Tourism Market During the Forecast Period?

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The golf sport continues to be a significant contributor to the global tourism industry, with golf tourism representing a substantial segment. The market is driven by various factors, including the availability of high-quality sporting infrastructure, such as golf courses, and the hosting of international sporting events, like the RBC Canadian Open and the Aramco Team Series. Economies of various destinations invest in golf courses and related facilities to attract domestic and international tourists. Local governments and tourism boards collaborate to offer accommodation, dining, and leisure activities catering to golf enthusiasts. Female golfers constitute a growing demographic in this market. Golf Saudi, for instance, has made strides in promoting the sport among women.
Moreover, corporate golf events also contribute to the market's growth. An effective inventory management system is crucial for golf businesses to meet the demands of this dynamic market. Golf tourism continues to be a vital sector In the sport tourism industry, offering unique experiences for travelers and contributing to economic growth.

How is this Golf Tourism Industry segmented and which is the largest segment?

The golf tourism industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Male
  Female


Type

  Domestic
  International


Geography

  North America

    Canada
    US


  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    Spain


  South America

    Brazil


  Middle East and Africa

By End-user Insights

The male segment is estimated to witness significant growth during the forecast period.

Golf tourism caters to a demographic of predominantly middle-aged males and spectators, driven by an increased interest in golf and enhanced living standards. The market's expansion is significant, with growth expected to continue due to the increasing number of golf destinations. This sector encompasses golf enthusiasts traveling for sports events, nostalgia, and active participation. The global golf market's growth is fueled by factors such as improved sports infrastructure and a growing male interest in golf. World-class golf courses, top-notch facilities, and personalized experiences attract discerning travelers. Corporate groups, retreats, conferences, and team-building activities also contribute to the market's growth. Golf tourism encompasses various segments, including domestic and international applications.

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The male segment was valued at USD 13.95 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 39% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America, specifically In the US and Canada, holds a significant market share. South America's golf tourism sector exhibits promising growth due to strong economies, suitable weather conditions, diverse terrains, and extensive golf media exposure. Although golf participation rates remain stable, the number of rounds played and golfers has risen over the past few years. This growth in golfer activity positively impacts the golf industry and, in turn, the market. Golf tourism caters to discerning travelers seeking world-class courses, top-notch facilities, and personalized experiences. Reno

Snapshot img

Adventure Tourism Market Size 2025-2029

The adventure tourism market size is forecast to increase by USD 6,867.9 billion, at a CAGR of 43.5% between 2024 and 2029.

The market is experiencing significant growth due to several key factors. Firstly, the increasing disposable incomes of consumers worldwide have led to a rise in demand for experiential travel. Online reviews and social media have also encouraged the travel industry, making adventure tourism more accessible and desirable. Additionally, the low penetration rate in developing economies presents a vast opportunity for market expansion. These trends are driving the growth of the market, offering exciting opportunities for businesses and travelers alike. Adventure tourism provides unique experiences, from bungee jumping and white-water rafting to hiking and wildlife safaris. As consumers seek new and thrilling experiences, the market is poised for continued expansion. However, challenges such as safety concerns, lack of infrastructure, and environmental sustainability remain critical issues that need to be addressed to ensure the sustainable growth of the adventure tourism industry.

What will be the Size of the Adventure Tourism Market During the Forecast Period?

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The market continues to experience strong growth, fueled by the increasing popularity of adventure activities among travelers. Adventure travel, which encompasses various pursuits such as skydiving, mountain climbing, trekking, rafting, scuba diving, and exploration of wildlife sanctuaries, appeals to both young and seasoned adventure seekers. Professionals in this sector offer safety equipment and expertise, ensuring a thrilling yet safe experience. Border closings and travel restrictions due to global events have led to a rise in domestic travel, with travel agencies reporting significant increases in bookings for adventure activities.
Online vacation planning and high internet penetration have made it easier for travelers to research and book adventure tours. Reasonably priced carriers and aviation advancements have also facilitated access to remote adventure destinations. Age demographics vary, with millennials and international tourists comprising a significant portion of the market. Accommodation options cater to diverse preferences, from luxury resorts to camping sites. Adventure sports continue to drive innovation and excitement In the travel industry.

How is this Adventure Tourism Industry segmented and which is the largest segment?

The adventure tourism industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Domestic
  International


Source

  Indirect contribution
  Direct contribution
  Induced contribution


Geography

  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  South America



  Middle East and Africa

By Type Insights

The domestic segment is estimated to witness significant growth during the forecast period.

The domestic segment is the largest and fastest-growing sector In the market. Factors driving this growth include favorable government regulations, cultural familiarity, and economic development in developing countries. Domestic adventure tourism offers tourists the advantage of avoiding currency exchange rates and gaining a deeper understanding of local tourism policies and risks associated with adventure sports. This segment's growth is expected to continue at an accelerating rate during the forecast period, making it an attractive investment opportunity for businesses. Adventure tourism encompasses activities such as hiking, adventure sports, scuba diving, and travel experiences, catering to the growing consumer interest in meaningful and inspiring journeys.

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The domestic segment was valued at USD 409.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 30% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European market is experiencing significant growth due to the presence of numerous exotic destinations and increasing disposable income. Over the past six decades, Europe's tourism sector has expanded and diversified, becoming a major economic driver. Governments and tour operators have invested heavily In the industry, leading to socioeconomic

2025 fishing tourism was valued at approximately USD 89.8 Billion. It is projected to reach USD 252.7 Billion with a compound annual growth rate (CAGR) of 10.9% by the year 2035. The reason is there is greater demand for personalized travel, greater accessibility to remote areas of fishing grounds, and technology in expert-level fishing tours based on different capabilities and interests.

Metric	Value
Market Size in 2025	USD 89.8 Billion
Projected Market Size in 2035	USD 252.7 Billion
CAGR (2025 to 2035)	10.9%

Competitive Outlook

Company/Organization Name	Estimated Market Share (%)
FishingBooker	15-20%
Orvis Travel	12-16%
Yellow Dog Flyfishing Adventures	10-14%
Sportquest Holidays	8-12%
Frontiers International Travel	5-9%
Other Agencies & Local Operators (combined)	35-45%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	11.3%

Country	CAGR (2025 to 2035)
UK	10.7%

Country	CAGR (2025 to 2035)
European Union (EU)	11.0%

Country	CAGR (2025 to 2035)
Japan	10.8%

Country	CAGR (2025 to 2035)
South Korea	10.9%

Snapshot img

Duty-Free Retailing Market Size 2025-2029

The duty-free retailing market size is forecast to increase by USD 22.74 billion at a CAGR of 8.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing international tourism and the rising focus on enhancing the shopping experience of travelers. According to industry estimates, the global tourism industry is projected to reach new heights, with international tourist arrivals expected to surpass pre-pandemic levels in the coming years. This trend presents a substantial opportunity for duty-free retailers, as travelers continue to seek tax savings and unique shopping experiences during their journeys. 
However, the market faces challenges, particularly in the form of stringent government regulations on tobacco. These regulations aim to reduce health risks associated with tobacco use and curb illicit trade. Retailers must navigate these regulations to maintain their market presence and ensure compliance. To capitalize on market opportunities and navigate challenges effectively, companies should focus on innovation, such as offering a wide range of non-tobacco products such as spirits and chocolate, implementing advanced technology solutions, and providing personalized shopping experiences. 
By staying agile and responsive to market trends and regulatory requirements, duty-free retailers can position themselves for long-term success in this dynamic market.

What will be the Size of the Market During the Forecast Period?

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The global duty-free retail industry caters to international travellers by offering exempted taxed goods, making it a significant revenue source for airports and railway stations worldwide. In this regulated retail environment, travellers enjoy the freedom to purchase a wide range of products, including luxury items, cosmetics, electronics, and food, without the burden of customs allowances and taxes and duties. The travel retail sector is an integral part of the international retail landscape, serving millions of passengers annually. Duty-free shops are strategically located at arrivals and departures areas of international airports and railway stations, providing a shopping experience that enhances the overall journey of international travel.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Cosmetics and perfumes
  Fashion apparel and accessories
  Tobacco and alcoholic beverages
  Confectionery and fine foods


Distribution Channel

  Airport
  Border/downtown/hotel
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  Middle East and Africa

    South Africa


  South America

    Brazil

By Product Insights

The cosmetics and perfumes segment is estimated to witness significant growth during the forecast period.The cosmetics and perfumes segment is a significant contributor to The market, accounting for one of the top three largest revenue generations. Factors such as the increasing number of international travelers, growing adoption of luxury shopping during travel, rising disposable income of middle-class travelers, and urbanization are driving the market growth in this segment. Travelers from the APAC and Middle East regions have shown high sales growth in cosmetics and perfumes. Brands like L'Oreal, Chanel, Christian Dior, Estee Lauder, and Guerlain are among the top sellers in this segment. L'Oreal holds a notable market share in the cosmetics and perfumes segment of The market.

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The cosmetics and perfumes segment was valued at USD 15.77 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 45% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region is a significant contributor to the global industry, with airport sales being the primary driver. Notable international airports in APAC with duty-free retail operations include Hong Kong International Airport, Jakarta Soekarno-Hatta International Airport, Bali Ngurah Rai International Airport, Medan Kualanamu International Airport, Changi Airport Group Singapore, Naha Airport, Saipan International Airport, and Chhatrapati Shivaji International Airport. In addition, popular