This study aims to analyse the current perceptions of forest owners regarding long-rotation forestry in South Korea, and to explore reforestation policies, in order to identify ways in which they may improve their applicability to successful management of timber resources. The majority of forest owners had a negative perception of long-rotation forestry, and preferred to select tree species that produce short-term profits. Government subsidies to reduce the costs of timber production, tax benefits, and technical supports are required in order to encourage forest owners to pursue long-rotation forestry. Such efforts need to be enacted in conjunction with policies that improve the profitability of forest ownership in the domestic timber market, such as a new log scaling system that places higher value on locally produced timbers, as well as policies that facilitate active use of government support systems.