Movies & Entertainment in South Korea
SummaryMovies & Entertainment in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The movie & entertainment market consists of producers and distributors of entertainment formats, such as movies and music.
- The South Korean movies & entertainment market had total revenues of $906.2 million in 2022, representing a negative compound annual growth rate (CAGR) of 12.3% between 2017 and 2022.
- The box office segment accounted for market's the largest proportion in 2022, with total revenues of $563.4 million, equivalent to 62.2% of the market's overall value.
- Factors like favorable demographics, shifting consumption patterns, more disposable income, and a propensity to spend on leisure and entertainment are driving market expansion. For instance, the net disposable income per household in South Korea increased from $46,317.6 in 2021 to $47,424.7 in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the movies & entertainment market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the movies & entertainment market in South Korea
- Leading company profiles reveal details of key movies & entertainment market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea movies & entertainment market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the South Korea movies & entertainment market by value in 2022?
- What will be the size of the South Korea movies & entertainment market in 2027?
- What factors are affecting the strength of competition in the South Korea movies & entertainment market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's movies & entertainment market?
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