In 2022, during a survey carried out in South Korea for businesses in the sports industry, around 27.4 percent of the respondents answered that insufficient funds were the main stumbling block for their business. Overall, survey answers depicted a tough business environment and small businesses that were financially struggling.
Disruptive factors of development of the sports industry in South Korea as of 2022
e-mails were used when interviews were not possible
Method of interview
Face-to-face interview
Supplementary notes
Original question: "What is the most disruptive factor for promotion and development of the sports industry?"
An establishment in the sports industry in this statistic is defined as a company of which more than ten percent of business areas are involved in sports facilities, sports goods, and sports services; with minimum one employee; and registered in South Korea as of December 31, 2022.Â
*the sample includes 5,022 companies related to sports facilities, 5,213 related to sports goods, and 3,765 related to sports services in South Korea.
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MCST (South Korea). (February 1, 2024). Disruptive factors of development of the sports industry in South Korea as of 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/896749/south-korea-sports-industry-growth-obstacles/
MCST (South Korea). "Disruptive factors of development of the sports industry in South Korea as of 2022." Chart. February 1, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/896749/south-korea-sports-industry-growth-obstacles/
MCST (South Korea). (2024). Disruptive factors of development of the sports industry in South Korea as of 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/896749/south-korea-sports-industry-growth-obstacles/
MCST (South Korea). "Disruptive Factors of Development of The Sports Industry in South Korea as of 2022." Statista, Statista Inc., 1 Feb 2024, https://www.statista.com/statistics/896749/south-korea-sports-industry-growth-obstacles/
MCST (South Korea), Disruptive factors of development of the sports industry in South Korea as of 2022 Statista, https://www.statista.com/statistics/896749/south-korea-sports-industry-growth-obstacles/ (last visited December 30, 2024)
Disruptive factors of development of the sports industry in South Korea as of 2022 [Graph], MCST (South Korea), February 1, 2024. [Online]. Available: https://www.statista.com/statistics/896749/south-korea-sports-industry-growth-obstacles/
