South Korea Loyalty Programs Market Intelligence Report 2024

The “South Korea Loyalty Programs Market Intelligence and Future Growth Dynamics Databook” report has been added  to ResearchAndMarkets.com’s offering.

South Korea’s loyalty market in the country is expected to grow by 10.0% on an annual basis to reach US$3.48 billion in 2024.

In value terms, the loyalty market in the country has recorded a CAGR of 11.4% during 2019-2023. The loyalty market in the country will continue to grow over the forecast period and is expected to record a CAGR of 8.9% during 2024-2028. The loyalty market in the country will increase from US$3.16 billion in 2023 to reach US$4.89 billion by 2028.

This report provides a detailed data-centric analysis of the loyalty market opportunities and risks across a range of industry categories. With over 50 KPIs at the country level, this report provides a comprehensive understanding of loyalty market dynamics, market size and forecast, and market share statistics.

The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.

Reasons to buy

• Gain insights into the South Korea loyalty spend market: The report provides a comprehensive overview of the South Korea loyalty spend market, including market size, growth drivers, and trends. This information can help businesses to make informed decisions about their loyalty program strategies.
• Benchmark your business against competitors: The report provides a competitive analysis of the South Korea loyalty spend market, which can help businesses to identify their strengths and weaknesses relative to their competitors. This information can help businesses to improve their loyalty program strategies and gain a competitive advantage.
• Stay up-to-date on the latest trends in the loyalty spend market: The report provides an overview of the latest trends in the loyalty spend market, such as the growing popularity of mobile-based loyalty programs and the increasing awareness of the benefits of loyalty programs among consumers. This information can help businesses to stay ahead of the competition and improve their loyalty program strategies.
• Make informed decisions about your loyalty program: The report provides a comprehensive overview of the factors to consider when developing a loyalty program, such as the target audience, the rewards and benefits, and the marketing and communication strategy. This information can help businesses to develop a loyalty program that is effective and successful.

Key Attributes:

Scope

South Korea Retail Sector Spend Value Trend Analysis

• Ecommerce Spend
• POS Spend

South Korea Loyalty Spend Market Size and Future Growth Dynamics by Key Performance Indicators

Value Accumulated and Value Redemption Rate of Loyalty programs in South Korea

South Korea Loyalty Spend Market Size and Future Growth Dynamics by Functional Domains

• Loyalty Schemes
• Loyalty Platforms

South Korea Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Program Type

• Points programs
• Tier-based programs
• Mission-driven programs
• Spend-based programs
• Gaming programs
• Free perks programs
• Subscription programs
• Community programs
• Refer a friend program
• Paid programs
• Cashback programs

South Korea Loyalty Spend Market Size and Future Growth Dynamics by Channel

• In-Store
• Online
• Mobile

South Korea Loyalty Schemes Spend Market Size and Future Growth Dynamics by Business Model

• Seller Driven
• Payment Instrument Driven
• Others

South Korea Loyalty Spend Market Size and Future Growth Dynamics by Key Sectors

• Retail
• Financial Services
• Healthcare & Wellness
• Restaurants & Food Delivery
• Travel & Hospitality (Cabs, Hotels, Airlines)
• Telecoms
• Media & Entertainment
• Others

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