Korea Luxury Travel Market Size & Outlook, 2025-2033


Korea Luxury Travel Market Insights

  • According to Deep Market Insights analysis, the Korea Luxury Travel Market size was USD 20.44 Billion in 2024 and is projected to reach USD 42.73 Billion by 2033.
  • The Korea market is projected to grow at a CAGR of 8.66% between 2025 and 2033.
  • By segment, Adventure emerged as the largest Experience Type in terms of market size in 2024.
  • Bespoke Tours is anticipated to remain the most attractive Experience Type segment, recording the fastest growth during the forecast period.

Other Key Findings


  • In 2024, Korea represented 0.77% of the overall global Luxury Travel Market size.
  • United States is projected to lead the global Luxury Travel Market size by 2033.
  • Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
  • Taiwan is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 117.62 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 20.44 Billion
Market Size In 2033 USD 42.73 Billion
Largest segment Adventure
Units Revenue in USD Billion
CAGR 8.66% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Experience Type
  1. Adventure
  2. Cruise
  3. Bespoke Tours
Accommodation
  1. 5-Star Hotels
  2. Villas
Traveler Profile
  1. Ultra-HNW
  2. HNW
Booking Channel
  1. DSC
  2. Travel Advisors