{"id":2123,"date":"2017-04-19T09:00:00","date_gmt":"2017-04-19T09:00:00","guid":{"rendered":"http:\/\/3.34.14.113\/en\/2017\/04\/19\/yonhap-news-korea-golf-industry-white-paper-2026-launch-golf-market-worth-krw-11-45-trillion-screen-practice-ranges-account-for-10\/"},"modified":"2026-06-23T06:15:43","modified_gmt":"2026-06-23T06:15:43","slug":"yonhap-news-korea-golf-industry-white-paper-2026-launch-golf-market-worth-krw-11-45-trillion-screen-practice-ranges-account-for-10","status":"publish","type":"post","link":"https:\/\/news.golfzon.com\/en\/yonhap-news-korea-golf-industry-white-paper-2026-launch-golf-market-worth-krw-11-45-trillion-screen-practice-ranges-account-for-10\/","title":{"rendered":"[Yonhap News] Korea Golf Industry White Paper 2026 Launch: Golf Market Worth KRW 11.45 Trillion, Screen Practice Ranges Account for 10%"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"673\" src=\"https:\/\/news.golfzon.com\/en\/wp-content\/uploads\/sites\/3\/2026\/06\/feab2e6592fb1486b195742672098cc7-1024x673.jpg\" alt=\"\" class=\"wp-image-2122\" style=\"aspect-ratio:1.5215668515793048;width:528px;height:auto\" title=\"\" srcset=\"https:\/\/news.golfzon.com\/en\/wp-content\/uploads\/sites\/3\/2026\/06\/feab2e6592fb1486b195742672098cc7-1024x673.jpg 1024w, https:\/\/news.golfzon.com\/en\/wp-content\/uploads\/sites\/3\/2026\/06\/feab2e6592fb1486b195742672098cc7-300x197.jpg 300w, https:\/\/news.golfzon.com\/en\/wp-content\/uploads\/sites\/3\/2026\/06\/feab2e6592fb1486b195742672098cc7-768x504.jpg 768w, https:\/\/news.golfzon.com\/en\/wp-content\/uploads\/sites\/3\/2026\/06\/feab2e6592fb1486b195742672098cc7.jpg 1084w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">At the launch ceremony for the Korea Golf Industry White Paper 2016, GOLFZON Newdin Group Chairman Kim Young-chan (third from the right) poses for a commemorative photo.<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Citing the &#8216;Korea Golf Industry White Paper&#8217; published by the Yuwon Golf Foundation, Yonhap News reported that as of 2015 Korea&#8217;s domestic golf market was worth KRW 11.4529 trillion. The market comprised a core market of KRW 5.2080 trillion (45.5%) and a derivative market of KRW 6.2449 trillion (54.5%). Within the core market, field golf accounted for the largest share at KRW 3.1659 trillion, followed by screen practice ranges at KRW 1.0200 trillion. In the derivative market, the equipment market was the largest at KRW 4.3013 trillion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yonhap News reported that screen practice ranges accounted for 10.1% of total golf market sales, and that in a user survey the most common response\u2014at 36.1%\u2014was visiting 31 or more times per year, indicating a far higher visit frequency than for the field. The average monthly spending at screen practice ranges was also higher, at KRW 167,612, than at indoor and outdoor practice ranges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yonhap News reported that this white paper published by the Yuwon Golf Foundation provided statistical confirmation that the practice market, centered on screen golf, has established itself as a key growth driver of Korea&#8217;s domestic golf industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Citing the &#8216;Korea Golf Industry White Paper&#8217; published by the Yuwon Golf Foundation, Yonhap News reported that as of 2015 Korea&#8217;s domestic golf market was worth KRW 11.4529 trillion. The market comprised a core market of KRW 5.2080 trillion (45.5%) and a derivative market of KRW 6.2449 trillion (54.5%). Within the core market, field golf accounted for the largest share at KRW 3.1659 trillion, followed by screen practice ranges at KRW 1.0200 trillion. In the derivative market, the equipment market was the largest at KRW 4.3013 trillion. Yonhap News reported that screen practice ranges accounted for 10.1% of total golf market sales, and that in a user survey the most [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3,5],"tags":[],"family":[15],"class_list":["post-2123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-center","category-media-coverage","family-golfzon-korea"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/posts\/2123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/comments?post=2123"}],"version-history":[{"count":1,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/posts\/2123\/revisions"}],"predecessor-version":[{"id":4970,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/posts\/2123\/revisions\/4970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/media\/2122"}],"wp:attachment":[{"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/media?parent=2123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/categories?post=2123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/tags?post=2123"},{"taxonomy":"family","embeddable":true,"href":"https:\/\/news.golfzon.com\/en\/wp-json\/wp\/v2\/family?post=2123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}