Franchise market size reached USD 101.6 billion in South Korea in 2015, with an expected annual growth rate of 6% over 2016-2019.
1. HIGHLY MATURE, YET STILL GROWING MARKET
1) Franchise market size in value in South Korea
2) No. of franchise stores in Korea
2. ATTRACTIVE MARKET FOR OVERSEAS BRANDS
1) Korean Consumers
Supported by a growing range of international resources and a relatively high degree of travel experience, Korean consumers are familiar with a developed, globalized market. They readily try new products and consistently seek out new trends and experiences, as well as ways to improve their lifestyle.
2) Capitalize on the benefits of global network
Inviting the highest profile global investors and progressive entrepreneurs through global network of Reed Exhibitions and Coex, we bring them face-to-face with franchisors and owners of world famous brand to deliver effective business expansion solutions.
Show Name IFS - Int'l Franchise Show in Seoul 2021 Autumn
Venue Hall C, Coex, Seoul
Date October 14(Thur) - 16(Sat), 2021 / 3 days
Host Korea Franchise Association
Organizer Reed Exhibitions Korea, Coex
Master Franchisor – Examining domestic and overseas franchise brand
Multi–unit franchisees – Considering additional store investment
Retiree – Preparing for a second life
Young Founder – Starting business instead of finding a job (Above University students)
Shop Owner – Investigating industry trends and items for industry transformation
Franchise Headquarters – Investigating industry trends and doing pre-investigation to participate in next show
Host and Organizer
Korea Franchise Association(hereinafter “KFA”) is the largest franchise economic organization(licensed under the Ministry of Commerce, Industry and Energy, 2013-43) established in 1998 with 6 national branches and 1 overseas branch in LA and 1,000 members. KFA complies with ethical management principles for win-win cooperation and mutual growth between franchisors and franchisees and aims to mutual increasement of welfare and sound development of franchise industry through education training, common logistics, training programs etc. KFA’s final goal is to contribute to members’ economic position improvement and balanced development of national economic.
Especially, KFA has been holding franchise industrial show in Korea from 1999 to 2017. And in the future, the collaboration with professional MICE company ‘Coex’ and the world’s leading exhibition organizer ‘Reed exhibitions’ will make IFS-Int'l Franchise show the representative franchise show in Asia beyond Korea.
Reed Exhibitions is the world’s leading exhibition organizer with a growing portfolio of over 500 exhibitions in 30 countries, and a staff of 3,700 exhibition specialists. Reed has over 50 years unsurpassed experience in developing, marketing, selling and organizing exhibitions and Reed’s exhibitions serve 43 key industry sectors and brought together over 7 million active exhibition participants to drive sales, network and learn.
Reed is a global exhibition organizer with 40 branches worldwide and it is growing fast especially in Brazil, Russia, India, China, and Middle East. Reed will continue to share the global assets meaning the professionality of exhibition industry and experience in each region for the development of visitors and exhibitors all over the world.
After Coex was opened in March, 1979, it has been in key position of Asia Mice industry as a exhibition center and a tourism attraction that have global business infrastructure and provide global networking opportunity by opening many global exhibitions and conferences. It has not only world-class hardware but also mice industry experts that have various experiences and knowhow for 30 years.
Coex is organizing many exhibitions globally certified by UFI and Ministry of Trade. Also, Coex is holding exhibitions in overseas such as Vietnam, China, and etc.
A powerful cluster of events to satisfy bold franchising businesses across Africa, Asia and Europe, the Reed Exhibitions global franchise portfolio brings together 1,200+ brands and 117,000+ investors all over the world each year. The round-the-world reach of shows like Franchise Expo Paris, International Franchise Seoul, Johannesburg’s ‘Buy a Business’ Expo and Franchise Expo Jakarta is an unmatchable way to achieve bold business ambitions. The region-specific events convene the highest profile global investors and progressive entrepreneurs, bringing them face-to-face with franchisors and owners of world famous brands to deliver effective business expansions solutions.
Franchise Expo Paris
Every year, the show is gathering 585 exhibitors with 36 000 entrepreneurs and investors. In order to succeed in your project, Franchise Expo Paris offers you the opportunity to get advice from the entire franchise community including consultants, lawyers, bankers, franchise associations, real estate developers. All converge in Paris to exchange ideas create new relationships and discuss franchise business opportunities. Thanks to this offer this 4 days show & forum will provide all the information you need about master franchise and network development so that you can maximize your one-to-one meetings.
L’observatoire de la Franchise
Since 1997, the website Observatoire de la franchise connect current employees, students, investors or simple project holders with hundreds of networks that wish to develop. 2.5 million visits and 55 000 qualified leads sent per year. The website is approved by the French Federation of the Franchise and also publish content about the franchise market and a white paper updated each year.