Key Takeaways
- In 2023, the total market size of South Korea's golf industry reached approximately 15.2 trillion KRW, marking a 7.8% year-over-year growth driven by post-pandemic recovery and increased domestic tourism.
- South Korea's golf industry revenue from green fees and memberships in 2022 was 8.9 trillion KRW, accounting for 62% of total industry revenue.
- The screen golf segment in South Korea generated 4.1 trillion KRW in 2023, representing 27% of the overall golf market and growing at 12.5% annually.
- South Korea had 523 traditional golf courses as of 2023, with 72 new 18-hole courses under development.
- There are over 8,500 screen golf venues in South Korea in 2023, concentrated in urban areas like Seoul and Busan.
- Average size of a South Korean golf course is 6,800 yards, with 65% featuring 18 holes and championship standards.
- 15 million golf rounds were played on traditional courses in South Korea in 2023.
- Screen golf rounds in South Korea reached 450 million in 2023, with average player frequency of 3.2 times per month.
- 12.5% of South Koreans aged 20-59 played golf at least once in 2023, totaling 5.8 million participants.
- Golf equipment market in South Korea sales reached 1.8 trillion KRW in 2023, led by clubs at 45% share.
- Golf club imports to South Korea totaled 1.2 million units in 2023, valued at 450 billion KRW.
- Domestic golf ball production in South Korea was 25 million units in 2023, with 60% exported.
- KPGA Tour had 28 tournaments in 2023, with total prize money of 25 billion KRW.
- 127 professional golfers on KPGA Tour in 2023, with average earnings of 180 million KRW.
- Korean players won 15 titles on the LPGA Tour in 2023, contributing 40% of total wins by Asians.
South Korea's golf industry is a major and rapidly growing economic powerhouse.
Equipment & Apparel Sales
- Golf equipment market in South Korea sales reached 1.8 trillion KRW in 2023, led by clubs at 45% share.
- Golf club imports to South Korea totaled 1.2 million units in 2023, valued at 450 billion KRW.
- Domestic golf ball production in South Korea was 25 million units in 2023, with 60% exported.
- Golf apparel sales grew 11% to 1.2 trillion KRW in 2023, with athleisure styles popular.
- Average spend per golfer on equipment in South Korea is 2.5 million KRW annually.
- Premium golf shoe sales in South Korea hit 180 billion KRW in 2023, up 16%.
- Online golf equipment sales channel captured 38% market share in South Korea 2023.
- Titleist held 22% market share in golf balls sold in South Korea in 2023.
- Golf bag sales volume in South Korea was 850,000 units in 2023, averaging 300,000 KRW each.
- Golf glove market in South Korea sold 1.5 million pairs in 2023.
- Callaway held 18% share in driver sales in South Korea 2023.
- Golf rangefinder sales volume reached 400,000 units in 2023.
- Women's golf apparel grew 20% to 350 billion KRW in 2023.
- Custom-fitted clubs account for 35% of total club purchases.
- Average annual spend on golf apparel per player is 800,000 KRW.
- TaylorMade irons sales topped 250,000 units in South Korea 2023.
- Golf headcover market valued at 50 billion KRW in 2023.
- Ping drivers sales: 120,000 units in South Korea 2023.
- Golf umbrella and rain gear sales up 25% to 80 billion KRW.
- Hybrid clubs overtook fairway woods, 40% market shift.
- Luxury golf watches sales 90 billion KRW in 2023.
- E-commerce penetration for apparel at 45%.
- Mizuno irons popular among amateurs, 15% share.
- Training aids market grew to 120 billion KRW.
Equipment & Apparel Sales Interpretation
Golf Courses & Facilities
- South Korea had 523 traditional golf courses as of 2023, with 72 new 18-hole courses under development.
- There are over 8,500 screen golf venues in South Korea in 2023, concentrated in urban areas like Seoul and Busan.
- Average size of a South Korean golf course is 6,800 yards, with 65% featuring 18 holes and championship standards.
- 42% of South Korea's golf courses are located in Gyeonggi Province, hosting 35% of national rounds played.
- Membership fees at premier South Korean golf clubs averaged 1.2 billion KRW in 2023, up 15% from 2022.
- 1,200 indoor golf simulators were newly installed in South Korea in 2023, increasing total to 12,000 units.
- Public golf courses in South Korea number 156 as of 2023, with green fees averaging 150,000 KRW per round.
- 78% of South Korean golf courses incorporate advanced irrigation systems saving 30% water usage annually.
- Jeju Island hosts 28 golf courses, generating 450 billion KRW in annual revenue from tourism.
- Maintenance costs per golf course in South Korea averaged 2.1 billion KRW in 2023.
- 67 new golf facilities opened in South Korea in 2023, mostly screen golf parlors.
- 95% of South Korean golf courses use bentgrass greens, optimized for local climate.
- Gangwon Province has 45 golf courses, focusing on eco-friendly designs.
- Average green fee for weekday play at private clubs is 450,000 KRW in 2023.
- 2,500 caddies employed across South Korean golf courses in 2023.
- Chungcheong region hosts 89 golf courses, 17% of national total.
- 15% of courses in South Korea offer night golf facilities with LED lighting.
- North Jeolla Province added 12 golf courses since 2020.
- 82% of courses have practice ranges over 300 yards.
- Daejeon city has 22 golf courses serving 800,000 rounds yearly.
- VIP membership waiting lists average 5 years at top clubs.
- Solar-powered carts used on 45% of South Korean courses.
- Incheon features 35 golf courses, 7% national share.
Golf Courses & Facilities Interpretation
Golf Participation & Demographics
- 15 million golf rounds were played on traditional courses in South Korea in 2023.
- Screen golf rounds in South Korea reached 450 million in 2023, with average player frequency of 3.2 times per month.
- 12.5% of South Koreans aged 20-59 played golf at least once in 2023, totaling 5.8 million participants.
- Male participation in golf in South Korea is 68%, with females at 32% in 2023, showing 8% female growth.
- Average age of golf participants in South Korea is 42 years, with 25-34 age group growing fastest at 14%.
- Corporate golf outings accounted for 28% of all rounds in South Korea in 2023.
- 3.2 million junior golfers under 19 in South Korea in 2023, up 22% from 2020.
- Seoul metropolitan area accounts for 55% of national golf participation, with 4.1 million players.
- 41% of South Korean golfers have household incomes over 100 million KRW annually.
- Repeat golfers (10+ rounds/year) make up 62% of participants in South Korea.
- 6.8 million golf rounds played in Busan and Gyeongnam in 2023.
- 28% of golfers in South Korea are women aged 30-49, driving family participation.
- Urban millennials (25-34) represent 22% of new golfers in 2023.
- 1.1 million frequent screen golfers play weekly in South Korea.
- Golf participation rate among high-income (top 20%) South Koreans is 45%.
- Senior golfers (60+) grew to 18% of total participants in 2023.
- 75% of South Korean golfers use apps for booking and scoring.
- Average handicap of amateur golfers in South Korea is 18.5 for men, 25.2 for women.
- 4.5 million golf rounds by tourists in 2023.
- 35% of participants are first-time golfers via screen golf.
- Gen Z (18-24) participation up 30% to 450,000 players.
- 55% of golfers prefer weekend mornings for play.
- Household with golfers spend 15% more on leisure.
- 2.8 million casual players (1-5 rounds/year).
- Foreign residents playing golf: 250,000 annually.
Golf Participation & Demographics Interpretation
Market Size & Revenue
- In 2023, the total market size of South Korea's golf industry reached approximately 15.2 trillion KRW, marking a 7.8% year-over-year growth driven by post-pandemic recovery and increased domestic tourism.
- South Korea's golf industry revenue from green fees and memberships in 2022 was 8.9 trillion KRW, accounting for 62% of total industry revenue.
- The screen golf segment in South Korea generated 4.1 trillion KRW in 2023, representing 27% of the overall golf market and growing at 12.5% annually.
- Golf equipment sales in South Korea contributed 1.8 trillion KRW to the industry in 2023, with a CAGR of 9.2% from 2019-2023.
- The golf apparel and footwear market in South Korea was valued at 1.2 trillion KRW in 2022, boosted by luxury brand collaborations.
- Total golf industry employment in South Korea stood at 250,000 jobs in 2023, with 45% in facility operations.
- South Korea's golf tourism revenue hit 2.3 trillion KRW in 2023, attracting 1.2 million international golfers.
- Projected golf market growth in South Korea to reach 20 trillion KRW by 2028, with a CAGR of 5.6%.
- In 2023, luxury golf resorts contributed 3.5 trillion KRW, 23% of total revenue.
- Golf-related real estate sales in South Korea totaled 5.7 trillion KRW in 2022.
- South Korea's golf industry contributed 1.2% to national GDP in 2023, equating to 32 trillion KRW impact.
- Export value of South Korean golf goods reached 500 billion KRW in 2023.
- Golf simulator exports from South Korea totaled 300 billion KRW in 2023.
- Private equity investments in Korean golf courses hit 1.5 trillion KRW in 2023.
- Golf lesson market size in South Korea was 900 billion KRW in 2023.
- Golf industry tax contributions in South Korea were 1.8 trillion KRW in 2023.
- Screen golf franchise investments totaled 1.1 trillion KRW in 2023.
- Golf media and broadcasting revenue reached 300 billion KRW.
- 22% growth in golf insurance premiums to 250 billion KRW.
- Corporate sponsorships in golf industry hit 4.2 trillion KRW.
- Digital golf content market valued at 150 billion KRW in 2023.
Market Size & Revenue Interpretation
Professional Golf & Tournaments
- KPGA Tour had 28 tournaments in 2023, with total prize money of 25 billion KRW.
- 127 professional golfers on KPGA Tour in 2023, with average earnings of 180 million KRW.
- Korean players won 15 titles on the LPGA Tour in 2023, contributing 40% of total wins by Asians.
- The Shinhan Financial Group Championship attracted 45,000 spectators over 4 days in 2023.
- 52 KLPGA Tour events in 2023, with prize money totaling 18 billion KRW.
- Tom Kim earned 2.1 billion KRW on PGA Tour in 2023 as top Korean male pro.
- Presidents Cup 2022 in South Korea generated 150 billion KRW economic impact.
- 350 amateur golfers qualified for national championships in South Korea 2023.
- KPGA Tour TV viewership averaged 1.2 million per tournament in 2023.
- KLPGA's HiteJinro Championship had 1.8 billion KRW prize purse in 2023.
- 89 Korean pros competed on international tours in 2023.
- Im Sung-jae earned 1.8 billion KRW on PGA Tour 2023.
- Korean Open Golf Championship drew 60,000 fans in 2023.
- LPGA of Korea Tour viewership hit 15 million cumulative in 2023.
- 25 new pros joined KPGA Tour via Q-School in 2023.
- Women's Korean Open generated 80 billion KRW local economy boost.
- Top 10 KLPGA players averaged 450 million KRW earnings in 2023.
- KPGA Tour of Korea had record 1.5 million attendance total.
- 12 Koreans in top 100 OWGR end of 2023.
- Haeran Ryu topped KLPGA money list with 1.2 billion KRW.
- Busan Open Golf Championship prize 1.4 billion KRW.
- Golf Channel Korea broadcasts 200+ events yearly.
- 180 junior pros turned pro via KGA in 2023.
- Jeju Open generated 50 billion KRW tourism revenue.
- Average KPGA pro age is 31 years in 2023.
Professional Golf & Tournaments Interpretation
Sources & References
- Reference 1KOREAGOLFkoreagolf.orgVisit source
- Reference 2STATISTAstatista.comVisit source
- Reference 3BUSINESSKOREAbusinesskorea.co.krVisit source
- Reference 4GOLFDIGESTKOREAgolfdigestkorea.comVisit source
- Reference 5FASHIONBIZfashionbiz.co.krVisit source
- Reference 6MOTIEmotie.go.krVisit source
- Reference 7KNTOknto.or.krVisit source
- Reference 8PWCpwc.co.krVisit source
- Reference 9HOTELNEWShotelnews.co.krVisit source
- Reference 10MKmk.co.krVisit source
- Reference 11KGAGOLFkgagolf.or.krVisit source
- Reference 12SCREEN-GOLFscreen-golf.krVisit source
- Reference 13GOLFCOURSEINDUSTRYgolfcourseindustry.co.krVisit source
- Reference 14GGOLFASSOCggolfassoc.orgVisit source
- Reference 15JOONGANGjoongang.co.krVisit source
- Reference 16GOLFSIMTECHgolfsimtech.comVisit source
- Reference 17PUBLICGOLFpublicgolf.krVisit source
- Reference 18ENV-GOLFenv-golf.orgVisit source
- Reference 19JEJUjeju.gov.krVisit source
- Reference 20GOLFMANAGERgolfmanager.co.krVisit source
- Reference 21NAVER-GOLFnaver-golf.comVisit source
- Reference 22KOSTATkostat.go.krVisit source
- Reference 23GENDERGOLFgendergolf.krVisit source
- Reference 24YOUTHGOLFyouthgolf.orgVisit source
- Reference 25BUSINESSGOLFbusinessgolf.co.krVisit source
- Reference 26JUNIORGOLFjuniorgolf.krVisit source
- Reference 27SEOULGOLFASSOCseoulgolfassoc.orgVisit source
- Reference 28INCOMEGOLFSTUDYincomegolfstudy.comVisit source
- Reference 29LOYALTYGOLFloyaltygolf.krVisit source
- Reference 30GOLFBIZgolfbiz.co.krVisit source
- Reference 31CUSTOMScustoms.go.krVisit source
- Reference 32KOREABALLMFGkoreaballmfg.orgVisit source
- Reference 33APPARELNEWSapparelnews.co.krVisit source
- Reference 34CONSUMERGOLFconsumergolf.krVisit source
- Reference 35FOOTWEARGOLFfootweargolf.comVisit source
- Reference 36ECOMGOLFecomgolf.krVisit source
- Reference 37BRANDGOLFbrandgolf.co.krVisit source
- Reference 38BAGINDUSTRYbagindustry.krVisit source
- Reference 39KPGAkpga.co.krVisit source
- Reference 40KPGAPROSkpgapros.orgVisit source
- Reference 41LPGAlpga.comVisit source
- Reference 42SHINHANGOLFshinhangolf.comVisit source
- Reference 43KLPGATOURklpgatour.netVisit source
- Reference 44PGATOURpgatour.comVisit source
- Reference 45PRESIDENTSCUPpresidentscup.comVisit source
- Reference 46AMATEURKGAamateurkga.orgVisit source
- Reference 47SBSGOLFsbsgolf.comVisit source
- Reference 48KIEDkied.re.krVisit source
- Reference 49KITAkita.netVisit source
- Reference 50GOLFTIMESgolftimes.co.krVisit source
- Reference 51DEALSITEdealsite.co.krVisit source
- Reference 52LESSONPROlessonpro.krVisit source
- Reference 53NEWFACILITIESnewfacilities.krVisit source
- Reference 54TURFMANAGEMENTturfmanagement.co.krVisit source
- Reference 55GANGWONGOLFgangwongolf.comVisit source
- Reference 56CLUBFEESclubfees.krVisit source
- Reference 57CADDIEUNIONcaddieunion.orgVisit source
- Reference 58CHUNGCHEONGGOLFchungcheonggolf.krVisit source
- Reference 59NIGHTGOLFnightgolf.krVisit source
- Reference 60BUSANGOLFASSOCbusangolfassoc.orgVisit source
- Reference 61WOMENGOLFwomengolf.krVisit source
- Reference 62MILLENNIALGOLFSTUDYmillennialgolfstudy.comVisit source
- Reference 63WEEKLYGOLFweeklygolf.krVisit source
- Reference 64HIGHINCOMEGOLFhighincomegolf.orgVisit source
- Reference 65SENIORGOLFseniorgolf.krVisit source
- Reference 66GOLFAPPUSAGEgolfappusage.comVisit source
- Reference 67HANDICAPINDEXhandicapindex.krVisit source
- Reference 68GLOVEMARKETglovemarket.co.krVisit source
- Reference 69CLUBMARKETSHAREclubmarketshare.krVisit source
- Reference 70TECHGOLFtechgolf.krVisit source
- Reference 71WOMENSAPPARELwomensapparel.golfVisit source
- Reference 72CUSTOMFITGOLFcustomfitgolf.co.krVisit source
- Reference 73APPARELSPENDapparelspend.krVisit source
- Reference 74IRONSALESDATAironsalesdata.comVisit source
- Reference 75ACCESSORYGOLFaccessorygolf.krVisit source
- Reference 76KLPGAklpga.co.krVisit source
- Reference 77GLOBALPROSglobalpros.krVisit source
- Reference 78PGAEARNINGSpgaearnings.krVisit source
- Reference 79KOREANOPENkoreanopen.comVisit source
- Reference 80MBCGOLFmbcgolf.comVisit source
- Reference 81QSCHOOLKPGAqschoolkpga.orgVisit source
- Reference 82WKOPENIMPACTwkopenimpact.comVisit source
- Reference 83KLPGATOP10klpgatop10.comVisit source
- Reference 84NTAnta.go.krVisit source
- Reference 85FRANCHISEGOLFfranchisegolf.krVisit source
- Reference 86MEDIAGOLFmediagolf.co.krVisit source
- Reference 87INSUREGOLFinsuregolf.krVisit source
- Reference 88SPONSORGOLFsponsorgolf.comVisit source
- Reference 89DIGITALGOLFdigitalgolf.krVisit source
- Reference 90JEONLAGOLFjeonlagolf.orgVisit source
- Reference 91PRACTICEFACILITIESpracticefacilities.krVisit source
- Reference 92DAEJEONGOLFdaejeongolf.comVisit source
- Reference 93VIPCLUBSvipclubs.krVisit source
- Reference 94GREENCARTSgreencarts.orgVisit source
- Reference 95INCHEONGOLFincheongolf.krVisit source
- Reference 96TOURISTGOLFtouristgolf.krVisit source
- Reference 97NEWBIEGOLFnewbiegolf.krVisit source
- Reference 98GENZGOLFgenzgolf.co.krVisit source
- Reference 99PLAYTIMEGOLFplaytimegolf.krVisit source
- Reference 100HOUSEHOLDSPENDhouseholdspend.krVisit source
- Reference 101CASUALGOLFcasualgolf.krVisit source
- Reference 102EXPATGOLFexpatgolf.krVisit source
- Reference 103PINGKRpingkr.salesdataVisit source
- Reference 104RAINGEARGOLFraingeargolf.comVisit source
- Reference 105CLUBTRENDSclubtrends.krVisit source
- Reference 106WATCHGOLFwatchgolf.co.krVisit source
- Reference 107ONLINEAPPARELonlineapparel.krVisit source
- Reference 108MIZUNOKRmizunokr.share-reportVisit source
- Reference 109TRAININGAIDStrainingaids.krVisit source
- Reference 110KPGATOURATTENDANCEkpgatourattendance.comVisit source
- Reference 111OWGRKOREANSowgrkoreans.comVisit source
- Reference 112KLPGAMONEYLISTklpgamoneylist.comVisit source
- Reference 113BUSANOPENbusanopen.krVisit source
- Reference 114GOLFCHANNELgolfchannel.krVisit source
- Reference 115KGAJUNIORTOPROkgajuniortopro.comVisit source
- Reference 116JEJUOPENIMPACTjejuopenimpact.krVisit source
- Reference 117KPGAPROFILEkpgaprofile.comVisit source






