Cruises market revenue growth South Korea 2018-2027

Published by Statista Research Department, Jul 19, 2023
In 2022, the revenue of the cruises market in South Korea grew by nearly 51 percent compared to the previous year. While the market contracted by over 91 percent in 2020 due to the beginning of the coronavirus (COVID-19) pandemic, subsequent years have shown high positive growth. This is estimated to continue until 2025, after which positive growth will slow down again.

Revenue growth of the cruises market in South Korea from 2018 to 2022 with forecasts up to 2027

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Supplementary notes

The travel and tourism market includes package holidays, hotel stays, private vacation rentals, camping, and cruises. This covers vacations and other leisure trips, but excludes business trips and other forms of trips such as excursions.

The source did not provide a date of publication. The date used here is the date of last update.

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